Market Snapshot

Market Type
Mostly Buyer’s Market

Sales-to-Active Listings Ratio
9–18% (varies by community)

Fraser Valley market conditions continue to differ across Surrey, South Surrey, White Rock, Langley, Cloverdale, Abbotsford and Mission. While some communities remain balanced, others continue to favour buyers due to increased inventory and slower sales activity.

June 2026 At a Glance

🏠 Market Type: Mostly Balanced to Buyer’s Market

📊 Sales Ratio: 9–18% (depending on area)

📈 Benchmark Prices

• Detached: $1,495,400 (+0.4% year-over-year)
• Townhomes: $839,500 (+0.8% year-over-year)
• Apartments: $537,800 (-1.2% year-over-year)

What This Means

Today’s market gives buyers more negotiating power and a wider selection of homes. Sellers who price strategically and prepare their homes well are still achieving successful sales despite increased competition.

My Take

Fraser Valley continues to offer excellent opportunities for first-time buyers, growing families and move-up buyers looking for more space. Since market conditions vary by community, understanding your local neighbourhood is the key to making a confident real estate decision.

These versions are tailored to the actual SnapStats reports and emphasize the distinct characteristics of each region rather than repeating the same messaging.