Fraser Valley Real Estate Market Update April 2026
Fraser Valley Market Update
April 2026
April didn’t rush the Fraser Valley market… it reset it.
After months of hesitation, buyers are stepping forward again. Not aggressively, not emotionally, but with quiet confidence.
And that shift is starting to show up in the numbers.
April 2026 At a Glance
Sales
1,118
↑ 11% from March
New Listings
3,549
↑ 6% from March
Active Listings
9,816
Buyer-heavy inventory
Benchmark Price
$899,200
↑ 0.1% from March
Main Market Snapshot
The Story Behind the Numbers
The Fraser Valley Real Estate Board recorded 1,118 sales in April, marking an 11% increase from March and the first meaningful year-over-year gain in over a year.
At the same time, inventory continues to build, with 3,549 new listings and 9,816 active homes currently on the market.
That balance is everything. The 11% sales-to-active listings ratio keeps the market in buyer territory, just below the 12% threshold for balanced conditions.
Prices are stabilizing, not surging. The composite benchmark price sits at $899,200, up slightly for the second month in a row.
This is what a transition market looks like. Movement is returning, but leverage hasn’t flipped yet.
Fraser Valley City Breakdown – April 2026
Abbotsford
Abbotsford continues to offer buyers more flexibility, with inventory levels providing room to compare options. Benchmark prices sit at $1,186,600 for detached homes, $610,900 for townhomes, and $400,400 for apartments. Well-priced homes are still moving, but buyers are taking their time.
Langley
Langley remains one of the stronger markets in the Fraser Valley, though the pace has become more measured. Detached homes are benchmarked at $1,526,200, with townhomes at $812,000 and apartments at $554,100. Demand is steady, but buyers are increasingly price-sensitive.
Surrey
Surrey continues to see consistent activity, particularly in the townhome and condo segments where affordability plays a larger role. Detached benchmark prices are $1,461,000, with townhomes at $794,500 and apartments at $474,100. Buyers remain active, but selective.
Chilliwack
Chilliwack continues to attract buyers looking for value and space. With more listings available, buyers have the ability to compare and negotiate more confidently, especially in higher price ranges.
Mission
Mission remains a value-driven market within the Fraser Valley. Benchmark prices sit at $929,500 for detached homes, $637,700 for townhomes, and $430,700 for apartments. Buyers looking for affordability continue to gravitate here.
Month-to-Month Comparison
What Happens Next?
| Scenario | What It Means |
|---|---|
| Inventory Stays High | Buyers keep negotiating power |
| Sales Continue Rising | Market moves toward balance |
| Rates Drop | Demand could accelerate quickly |
Frequently Asked Questions
Is this still a buyer’s market?
Yes. The 11% ratio keeps conditions in buyer territory.
Are prices rising?
They are stabilizing, with small monthly increases.
Should I wait?
Timing matters less than strategy in this type of market.
Thinking About Your Next Move?
This is a strategy market. Whether you’re buying, selling, or simply exploring your options, having the right plan in place makes all the difference.
Julie Pollard
📞 250-280-9666
📧 jpollardrealestate@gmail.com
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