Market Update
Fall momentum is here! Fraser Valley home sales climbed 14% in October, led by renewed demand in the detached market.
The latest numbers from the Fraser Valley Real Estate Board (FVREB) show a notable seasonal bounce in sales activity, even as overall market conditions remain firmly in favour of buyers.
In October 2026, sales jumped 14% month-over-month, driven largely by renewed interest in single-family detached homes. Meanwhile, benchmark prices continued to ease gently rather than drop sharply, signaling a calm, predictable environment for anyone looking to make a move before year-end.
The Headlines: October 2026 at a Glance
Sales Rebound: Realtors recorded 1,051 sales across the Fraser Valley in October—up 14.0% from September (though 6.4% below October 2025).
Gentle Price Easing: The composite benchmark price dipped just 0.1% month-over-month to $860,000 (down 6.4% year-over-year).
Seasonal Inventory Dip: New listings fell 9.5% from September to 2,551, bringing total active inventory down 6% month-over-month to 9,164 listings.
Market Type: With a sales-to-active listings ratio holding at 11%, the Fraser Valley remains squarely in Buyer’s Market territory.
Breakdown by Property Type
Detached homes led October's sales momentum as price corrections over the past year have improved relative affordability in the single-family segment:
Property Type | Benchmark Price | Change (vs. Sep 2026) | Change (vs. Oct 2025) | Avg. Days on Market |
Detached | $1,293,800 | -0.5% | -8.5% | 50 days |
Townhomes | $742,300 | -0.4% | -5.5% | 37 days |
Apartments | $460,800 | -0.2% | -8.1% | 44 days |
What This Means for You
For Buyers: Leverage and Breathing Room
With over 9,100 active listings on the market and an 11% sales-to-active ratio, you still hold the negotiating advantage.
Detached Opportunities: Single-family benchmark prices are down 8.5% compared to last October, bringing detached living within reach for many move-up buyers.
No Rush to Decide: With average selling times stretching from 37 days for townhomes to 50 days for detached homes, you have time to do your due diligence and include protective subjects.
Accessible Entry Points: Condo benchmark prices are sitting around $460,800, offering strong value for first-time buyers and investors.
For Sellers: Precision Beats Patience
Even though new listings slowed down in October, buyers remain selective and budget-conscious.
Price to the Market: Townhomes are moving fastest at an average of 37 days, while detached homes are taking closer to 7 weeks. Pricing accurately against recent comparable sales from day one is crucial to avoid sitting stale through the winter.
Stand Out Visually: With ample inventory to choose from, well-staged, move-in-ready homes are the ones capturing the serious fall buyers.
The Bottom Line
October proved that motivated buyers are still active in the Fraser Valley—especially when they see value in the detached and townhome markets. While prices have softened slightly month-over-month, the pace of decline has slowed to a crawl, creating a steady, low-pressure environment for both buying and selling.
Planning a move before the new year? Whether you want to take advantage of buyer-friendly negotiating conditions or need a realistic pricing strategy for your current home, Amanti Sales Team is here to help.
Reach out today for a complimentary home valuation or a tailored list of properties in your target neighbourhood.
