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By Fraser Valley Today staff

Sales increase

Real Estate Board encouraged by monthly trends in Fraser Valley

Apr 2, 2026 | 11:30 AM

SURREY — Home prices in the Fraser Valley showed signs of stabilizing in March after nearly a year of declines, even as sales activity remained below typical levels.

According to the latest monthly report from the Fraser Valley Real Estate Board (FVREB) 1,007 MLS sales were recorded in March. That’s an increase of 20 per cent from February but down three per cent from March 2025.  The report says sales were also 42 per cent below the 10-year seasonal average.

With 3,341 new listings, active listings rose to 9,201. That is 10 per cent higher than February and 50 per cent above the 10-year average. The figures suggest the region is firmly considered a buyer’s market at this time.

FVREB Chair Ishaq Ismail is encouraged by the latest figures. “While sales remain below last year’s levels, this market is presenting a rare window — with greater choice, improved affordability, and meaningful incentives, particularly in the condo segment — for buyers who are ready to make a move with the right professional guidance.”

The benchmark price reached $1,375,600 for single-family homes, $772,700 for townhomes and $489,200 for apartments. Those figures are up marginally from last month but down when compared to March 2025.

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On average, it is taking 39 days for detached properties to sell, 36 days for townhomes and 43 days for condominiums.

The Fraser Valley Real Estate Board represents approximately 5,000 real estate professionals in Abbotsford, Surrey, Langley, Mission, White Rock and North Delta.