Fall is here, and September brought more homes back to the market across the Fraser Valley.
New listings jumped after a quieter summer, while sales held fairly steady and prices continued to ease. That means buyers have more choice than they have had in a long time. Here in Langley, both houses and condos and townhomes are sitting in a balanced market, which makes Langley one of the steadier spots in the valley right now.
For buyers, this is a great time to be shopping. There is more selection in Langley than we have seen since early summer, and condo and townhome prices have softened, with the typical sale now around $611,000. Most homes are selling a little under asking, so there is room to negotiate. Brookswood and Fort Langley are offering plenty of choice, and one bedroom condos are a great way for first time buyers to get into the market.
For sellers, homes that are priced right are still moving well, with detached homes selling in about three weeks. The typical detached sale ticked up from August to around $1,345,000. Walnut Grove and Salmon River are the strongest neighbourhoods for houses, and Murrayville is leading the way for townhomes. Three and four bedroom family homes continue to be the most sought after.
Thinking about a move this fall? Give us a call or send us a text. We would love to grab a coffee and chat through your options.
Sources: SnapStats Fraser Valley Report, September 2026. FVREB Statistics Package, September 2026.
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If you are considering selling, buying or just have questions about the market, please give us a call today and let’s chat.What Does The Fraser Valley Real Estate Board Have To Say?
More choice, lower prices giving hesitant Fraser Valley homebuyers options
The Fraser Valley Real Estate Board recorded 922 sales on its Multiple Listing Service® (MLS®) in September, a two per cent decrease from August and four per cent below sales from the same month last year. Subdued demand continues to weigh on prices, with the composite Benchmark price for a typical Fraser Valley home falling one per cent in September and seven per cent from one year ago.
“Prices continue to soften, with some areas of the Fraser Valley seeing more significant declines,” said Ishaq Ismail, Chair of the Fraser Valley Real Estate Board. “The Benchmark price for a single-family home is now $460,000 below its March 2022 peak. For buyers who are in a position to act, this represents a significant shift in affordability and may create an opportunity for some households to move into a different segment of the market.”
After a quieter summer, more sellers returned to the market in September, bringing 2,818 new listings, up 19 per cent from August, but 18 per cent below the same month last year. Overall inventory remained unchanged in September, with 9,763 active listings on the market, a 0.2 per cent decline from August, but still 31 per cent above the 10-year seasonal average.
The Fraser Valley has spent most of the last two years in a buyer’s market with no change in September. A balanced market is typically defined by a ratio between 12 and 20 per cent.
“Buyers have been waiting for months for greater economic certainty,” said Anthony Boone, Interim CEO of the Fraser Valley Real Estate Board. “But a succession of economic shocks have conspired to weigh on consumer confidence, keeping many buyers on the sidelines. Despite lower prices and more choice, buyers remain cautious, and that is being reflected in the pace of sales.”
Across the Fraser Valley in September, the average number of days to sell a condo was 46 days, while a single-family detached home was 45 days. Townhomes took, on average, 38 days to sell.
MLS® HPI Benchmark Price Activity
• Single Family Detached: At $1,300,000 the Benchmark price for an FVREB single-family detached home decreased 1.5 per cent compared to August 2026 and decreased 8.8 per cent compared to September 2025.
• Townhomes: At $745,300 the Benchmark price for an FVREB townhome decreased 0.7 per cent compared to August 2026 and decreased 6.2 per cent compared to September 2025.
• Apartments: At $461,800 the Benchmark price for an FVREB apartment/condo decreased 0.9 per cent compared to August 2026 and decreased 9.3 per cent compared to September 2025.
