Fraser Valley Real Estate Board Reports April 2026 Market Activity with Year-Over-Year Sales Increase

Fraser Valley Real Estate Board — April 2026

In April 2026, the Fraser Valley Real Estate Board recorded 1,118 home sales, marking an 11% increase from March and a 7% rise compared to the same month last year. The composite benchmark price stands at $1,374,800, reflecting a slight year-over-year decrease of 0.1%.

Market Analysis

The Fraser Valley real estate market is showing signs of renewed activity as the spring season progresses. With 3,549 new listings in April, up 6% from March, the market remains well-supplied, although new listings are down compared to the same time last year. Active listings have reached 9,816, a 7% increase from the previous month and 45% above the 10-year seasonal average, indicating a robust inventory that favors buyers. The sales-to-active listings ratio is at 11%, firmly placing the market in buyers' territory, as a balanced market typically falls between 12% and 20%.

Property Type Analysis

While specific benchmark prices for property types are not available this month, the overall market dynamics suggest that detached homes, townhomes, and apartments are all experiencing similar trends. The average days on market for single-family detached homes is 37 days, while townhomes and condos are selling in 32 and 42 days, respectively, indicating a competitive environment across all property types despite the buyer-favorable conditions.

Regional Highlights

Regionally, the Fraser Valley continues to see a divergence in market performance, with certain areas experiencing higher demand than others. The increase in sales activity, combined with elevated inventory levels, suggests that buyers are becoming more active, though they remain cautious due to ongoing economic uncertainties. The overall market conditions indicate that buyers are taking advantage of improved affordability, even as prices have stabilized or slightly decreased year-over-year.

For Buyers

Prospective buyers are encouraged to take advantage of the current market conditions, which favor purchasing power due to lower home prices and a healthy inventory of available properties. Consulting with a REALTOR® can provide insights into timing purchases effectively and navigating the complexities of the market.

For Sellers

Sellers should be mindful of the competitive landscape and the current buyer-favorable conditions. With inventory levels high, pricing strategies should be carefully considered to attract buyers while ensuring properties stand out in a crowded market. Engaging with a real estate professional can help sellers position their homes effectively.