Fraser Valley Real Estate Board Reports 1,118 Sales in April 2026, Up 7.0% YoY, with Composite Benchmark Price at $899,200, Down 7.5% YoY

Fraser Valley Real Estate Board — April 2026

The Fraser Valley Real Estate Board recorded 1,118 sales on its Multiple Listing Service® (MLS®) in April 2026, marking a 7.0% increase year-over-year. The Composite Benchmark Price for a typical home in the Fraser Valley was $899,200, reflecting a 7.5% decrease compared to April 2025.

Market Analysis

The Fraser Valley Real Estate Board recorded 1,118 sales on its Multiple Listing Service® (MLS®) in April 2026, an 11 per cent increase from March and seven per cent above the same month last year. New listings in April 2026 totaled 3,549, rising six per cent from March. Active listings reached 9,816, up seven per cent from March and 45 per cent above the 10-year seasonal average. The Composite Benchmark price for a typical home in the Fraser Valley increased 0.1 per cent in April 2026, to $899,200.

Ishaq Ismail, Chair of the Fraser Valley Real Estate Board, stated, “Market activity is picking up as we move through the spring, but overall conditions remain firmly in buyers’ favour.” The board reported an overall sales-to-active listings ratio of 11 per cent in April 2026. Baldev Gill, CEO of the Fraser Valley Real Estate Board, noted, “Current conditions are creating a more favourable buying environment than we’ve seen in recent years.”

Property Type Analysis

In April 2026, the Benchmark price for a single-family detached home was $1,367,000, which decreased 0.1 per cent compared to March 2026 and decreased 8.8 per cent compared to April 2025. The Benchmark price for an attached/townhome was $771,600, decreasing 0.1 per cent compared to March 2026 and decreasing 7.4 per cent compared to April 2025. For apartments, the Benchmark price was $491,000, increasing 0.4 per cent compared to March 2026 and decreasing 8.3 per cent compared to April 2025. The average number of days to sell a single-family detached home was 37 days, for a townhome it was 32 days, and for condos it was 42 days.