Fraser Valley Real Estate Board Reports February 2026 Market Stabilization with Increased Sales Activity

Fraser Valley Real Estate Board — February 2026

The Fraser Valley Real Estate Board reports a composite benchmark price of $1,375,600 for February 2026, reflecting a slight year-over-year decrease of 0.3%. Total sales reached 1,007, marking a significant 20% increase from January 2026, while active listings rose to 9,201.

Market Analysis

The Fraser Valley housing market is showing early signs of stabilization after nearly a year of price declines. With a sales-to-active listings ratio of 30.1%, the market remains firmly in favor of buyers, although the increase in total sales compared to the previous month indicates a growing interest among potential homebuyers. New listings surged by 20% to 3,341, suggesting that sellers are starting to capitalize on the upcoming spring market despite ongoing buyer caution and overall sales remaining below typical seasonal levels.

Property Type Analysis

Currently, detailed benchmark prices and sales data for specific property types such as detached homes, townhouses, and apartments are not available. However, the overall market dynamics indicate that buyers may find more favorable conditions in the attached and apartment segments, where improved affordability and a greater selection of inventory could be appealing. The current environment presents a unique opportunity for buyers looking for value in a market characterized by elevated inventory levels.

Regional Highlights

The Fraser Valley continues to experience an elevated inventory level, with active listings up 10% from January 2026 and 50% above the ten-year seasonal average. This trend indicates a shift in market dynamics, providing buyers with more options and potentially better negotiating power. The average days on market for homes remains relatively stable, with single-family detached homes averaging 39 days, while condos take about 43 days to sell.

For Buyers

For buyers considering entering the market, this period presents a rare opportunity characterized by increased inventory and improved affordability. It is advisable to work with a knowledgeable real estate professional who can provide insights into current market conditions and help navigate the selection of available properties.

For Sellers

Sellers should be aware of the current buyer's market and the importance of pricing their homes competitively. With an increase in new listings, it is crucial to present properties in the best possible light and consider strategic pricing to attract potential buyers amidst a landscape of heightened competition.