Fraser Valley Real Estate Board Reports June 2026 Market Trends: Composite Benchmark Price at $738,000

Fraser Valley Real Estate Board — June 2026

In June 2026, the Fraser Valley real estate market sees a composite benchmark price of $738,000, reflecting a 6.2% decrease year-over-year. The market is characterized by a total of 163 sales and 399 new listings, resulting in 1,080 active listings and a months of inventory of 6.6.

Market Analysis

The Fraser Valley real estate market continues to exhibit buyer-favorable conditions, with a sales-to-new-listings ratio (SNLR) of 40.9%. This indicates that while new listings are entering the market, the pace of sales is not keeping up, contributing to an increase in overall inventory. The current months of inventory stands at 6.6, suggesting that buyers have a variety of options available, but also reflecting a slower sales pace compared to previous years.

Property Type Analysis

In terms of property types, the detached homes have a benchmark price of $1,172,600, while attached/townhouses and apartments are priced at $606,500 and $390,100, respectively. Although specific sales figures for each category are not available this month, the overall downward trend in prices suggests that buyers may find better opportunities across all property types as the market adjusts to current economic conditions.

Regional Highlights

Regionally, the Fraser Valley continues to experience shifts in buyer preferences, with an increasing interest in more affordable attached and apartment options. As the benchmark prices for detached homes remain high, many buyers are exploring these alternative property types, which may lead to a more balanced market in the coming months.

For Buyers

For buyers, this is an opportune time to enter the market, especially with the current inventory levels providing a wider selection of properties. It is advisable for buyers to conduct thorough research and consider various property types, as the market dynamics may favor those willing to explore options beyond detached homes.

For Sellers

Sellers should be aware of the current market conditions and the importance of pricing their properties competitively. With a higher months of inventory, it is crucial to present homes in the best possible light and be prepared for negotiations, as buyers have more choices available to them.