Abbotsford Real Estate Market Report
Executive Summary
The Abbotsford, British Columbia real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $1.4M, down 0.2% year-over-year.
There are currently 1,169 active listings, representing 9.9 months of inventory. According to Fraser Valley Real Estate Board, there were 843 sales and 2,796 new listings in Invalid Date. Inventory has increased 63.7% compared to last month.
Currently, listings spend an average of 49 days on market and the average price per square foot is $451.
Board Data vs Our Listings
| Metric | Fraser Valley Real Estate Board | Our Listings |
|---|---|---|
| Benchmark / Median Price | $1.4M | $799K |
| Active Listings | 8,344 | 1,169 |
Detached properties make up the largest share of the Abbotsford market at 45% of active listings with an average price of $1.5M. Condo listings follow at 55% (avg $595K).
Sales Activity & Absorption
Volume
Market Signals
Fraser Valley Real Estate Board reported 843 sales this period, 455 new listings appeared in the past month.
Fraser Valley Real Estate Board Monthly Report
The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year.
The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
“Buyer-friendly conditions continue to define the Fraser Valley market,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “While we did see a welcome bump in sales over January, they remain well below seasonal averages. With ample inventory and soft prices, this window may prove to be a key buying opportunity, particularly as prices settle. As we move closer to spring, we’re hopeful that improved economic stability will encourage more buyers to re-enter the market.”
Overall inventory remains above seasonal norms for the Fraser Valley, with 8,344 active listings, up eight per cent from January and 51 per cent above the 10-year seasonal average.
The Fraser Valley remains firmly in a buyer’s market, with an overall sales-to-active listings ratio of ten per cent in February. A balanced market is typically defined by a ratio between 12 and 20 per cent.
Across the Fraser Valley in February, the average number of days to sell a single-family detached home was 47 days, while for a condo it was 45 days. Townhomes took, on average, 39 days to sell.
“Many households are in a holding pattern right now, waiting for clearer signs that the economy is finding its footing,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board. “Elevated economic uncertainty over the past year has cast a shadow over families’ big financial decisions, including buying or selling a home. In times like these, a professional REALTOR® plays a critical role, offering trusted advice, local market insight, and the confidence needed to make informed moves.”
The composite Benchmark price for a typical home in the Fraser Valley decreased 0.2 per cent in February, to $895,100.
MLS® HPI Benchmark Price Activity
• Single Family Detached: At $1,370,900 the Benchmark price for an FVREB single-family detached home decreased 0.2 per cent compared to January 2026 and decreased 8.6 per cent compared to February 2025.
• Townhomes: At $770,700 the Benchmark price for an FVREB townhome decreased 0.3 per cent compared to January 2026 and decreased 7.1 per cent compared to February 2025.
• Apartments: At $488,300 the Benchmark price for an FVREB apartment/condo decreased 0.1 per cent compared to January 2026 and decreased 8.9 per cent compared to February 2025.
For more information: nikki.hewitt@fvreb.bc.ca Telephone: 604.930.7654 www.fvreb.bc.ca
Source: Fraser Valley Real Estate Board, Invalid Date
Market Balance
Months of Inventory
Supply and demand are roughly balanced.
Moderate absorption — healthy turnover.
With 9.9 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
This is currently a buyer's market with more negotiating power for purchasers. The Abbotsford market currently has 1,169 active listings with a median price of $799K and 9.9 months of inventory.
According to Fraser Valley Real Estate Board, the composite benchmark price is $1.4M (-0.2% year-over-year). There were 843 sales recorded, with a sales-to-active listings ratio of 20.0%. This indicates a balanced market with moderate competition.
- High inventory (9.9 months) favors buyers
- Prices declining (-31.5% in 30 days)
- Low price reduction rate (0% of listings)
- Low sell-through rate (30%)
- Slow-moving market (49 avg days on market)
- Average price per square foot is $451
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Fraser Valley Real Estate Board. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS listings as of April 12, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.