Kim Parley & Laura Lindstrom | eXp Realty | November 2026
If you’ve been waiting for more choice and a little more room to negotiate, October gave Fraser Valley buyers a reason to look again. We’d start with the neighborhoods and type of home you actually want. That’s where you’ll see whether prices have softened enough to make a move worthwhile.
What October tells us
In Chilliwack and District, 126 homes sold in October, down 28.4% from a year earlier. Inventory rose from 7.3 to 10.5 months at the October sales pace. Townhome sales fell 41.3%, compared with 17.4% for single-family homes. The townhome benchmark price was also down 6.2% year over year, to $570,600. If you’re shopping in Sardis, compare recent sales and current listings in the same complex or in similar developments nearby.
The Fraser Valley Real Estate Board area, which includes Abbotsford, Langley, Surrey and White Rock, recorded 1,051 sales. That’s up 14% from September and down about 6% from the previous October. There were 9,164 active listings, and the board still described conditions as a buyer’s market. We’d want to see several months of stronger sales before calling it a turnaround.
In the Greater Vancouver board area, which includes Maple Ridge, sales were down 10.2% year over year. Detached homes had a sales-to-active-listings ratio of 11.6%, compared with 16.5% for attached homes. Those are regional figures. If you’re looking at a detached home in Albion, recent Albion sales will tell you more about what to offer.
How to spot a good deal
Start with what comparable homes actually sold for. A big reduction from the original asking price can look tempting, but the recent sales will tell you whether the new price is competitive. Then run the monthly cost at the rate your lender is offering, including taxes, insurance and any strata fees. If the home fits your plans and the payment leaves breathing room, it’s worth a closer look even if prices could soften further.
If you’re selling, use those same comparisons to see what buyers can get for the money today. If you’re buying and selling in the same market, look at the price gap between the two homes before deciding whether waiting helps.
Thinking about buying or selling in the Fraser Valley? Call us at 604-217-7781. We’ll help you compare recent sales and current listings in your neighborhood and price range.
Kim Parley & Laura Lindstrom PREC
eXp Realty | 604-217-7781
People Moving People | www.besthomesonearth.ca
October 2026 data: Chilliwack and District Real Estate Board | Fraser Valley Real Estate Board release (reproduced) | Greater Vancouver REALTORS®
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