Fraser Valley Real Estate Board Market Report - January 2026: Sales Surge Amid Buyer-Friendly Conditions

Fraser Valley Real Estate Board — January 2026

The Fraser Valley real estate market experienced a notable increase in sales in January 2026, with 843 transactions recorded, marking a 36% rise from December 2025. Despite this uptick, the composite benchmark price remains at $1,370,900, reflecting a slight year-over-year decline of 0.2%.

Market Analysis

The Fraser Valley market continues to exhibit buyer-friendly conditions, characterized by a significant increase in sales alongside a substantial inventory of homes. With 8,344 active listings, the months of inventory stands at 9.9, indicating a market that favors buyers. Although new listings decreased by 9% compared to the previous month, the overall inventory remains 51% above the ten-year seasonal average, suggesting that sellers are cautious and may be waiting for more favorable conditions before entering the market.

Property Type Analysis

Data on specific property types is currently unavailable; however, the overall market dynamics indicate that detached homes, townhouses, and apartments are all experiencing similar trends of increased inventory and buyer activity. As the market approaches the spring season, it is anticipated that various property types will see varying levels of interest, influenced by price adjustments and buyer sentiment.

Regional Highlights

Regionally, the Fraser Valley shows signs of a gradual recovery, with a sales-to-active listings ratio of 30.2%, indicating that while buyer activity is increasing, it remains below historical averages. The average number of days to sell a home varies slightly by property type, with single-family detached homes averaging 47 days, while condos and townhomes are selling in 45 and 39 days respectively. This suggests a competitive landscape for buyers, particularly for well-priced properties.

For Buyers

Prospective buyers are encouraged to take advantage of the current market conditions, as ample inventory and soft prices present a unique opportunity. With the sales-to-active listings ratio indicating a buyer's market, buyers should consider acting sooner rather than later, as the potential for price stabilization could occur as spring approaches.

For Sellers

Sellers should remain strategic in their approach, given the current market dynamics. With inventory levels significantly above seasonal norms, it is essential for sellers to price their homes competitively to attract buyers. Consulting with a professional REALTOR® can provide valuable insights into market trends and pricing strategies to optimize the sale of their property.