Somewhere in the Fraser Valley, a family stopped scrolling past the detached houses this fall. For years, the house with the yard felt like a door that had already closed. In October, more of them walked back through it.
Home sales across the Fraser Valley rose 14% from September to 1,051, and detached houses led the way. The typical Fraser Valley home now sits at a benchmark price of $860,000, down 6.4% from a year ago. The Fraser Valley Real Estate Board says affordability is at its best level in five years.
Here is what that looks like on your street, area by area, and what it means if you are thinking about a move.
The big picture: the house with the yard is moving again
One simple way to read a market is to ask: of every 100 houses for sale, how many sold this month? Under 12 is a buyer's market. Between 12 and 20 is balanced. Over 20 favours sellers.
North Delta and Abbotsford jumped into balanced territory in one month. Across the whole Fraser Valley, about 11 of every 100 homes for sale sold, so buyers still have room to negotiate.
Surrey: buyers are back for the house with the yard
Surrey houses had their busiest month in a while. Sales jumped 35%, from 84 to 113, and the typical house sold for $1,248,000, up 3% from September. About 11 of every 100 houses for sale found a buyer, still a buyer's market, and homes sold about 4% below asking.
Houses between $900,000 and $1 million were the hottest range, with 27 of every 100 selling. Condos and townhomes moved too: sales rose 28%, and the typical price climbed 7% to $547,500.
South Surrey and White Rock: a quieter month, and more room to talk
The typical house sold for $1,552,500, down 5%, with 54 sales. Just 9 of every 100 houses for sale sold, and buyers negotiated about 5% off asking. For a buyer who has been waiting on this area, October opened the door a little wider.
Condos and townhomes held steady at $700,000 and sold in just 19 days on average, down from 33. That part of the market is balanced, with 14 of every 100 selling.
North Delta: the surprise of the month
North Delta houses turned balanced in a single month. Sales rose 58%, from 24 to 38, and 20 of every 100 houses for sale sold. The typical price rose 8% to $1,182,500, and homes sold in 24 days, down from 39. Houses between $900,000 and $1 million were snapped up, with 56 of every 100 selling.
Cloverdale and Langley: steady and balanced
Both areas stayed balanced, meaning buyers and sellers are on even ground. Cloverdale houses sold for a typical $1,190,000, down 2%, with 16 of every 100 selling. Langley houses sold for $1,300,000, down 3%, with 13 of every 100 selling.
Langley condos and townhomes were the standout. The typical price rose 9% to $664,500, and 20 of every 100 sold. Townhomes from $700,000 to $800,000 moved fastest, with 37 of every 100 selling.
Abbotsford and Mission: a tale of two markets
Abbotsford houses shifted from a buyer's market to a balanced one. Sales jumped 60%, from 45 to 72, and the typical price rose 12% to $1,060,000. Houses from $800,000 to $900,000 were the busiest, with 35 of every 100 selling.
Mission went the other way. Only 17 houses sold, down from 28, so it remains a buyer's market with 8 of every 100 selling. The typical price rose 12% to $910,000, but with so few sales, one or two larger homes can move that number a lot.
What this means for you
If you are buying, this may be the best window in five years to step into a detached house. Prices have come down, and in many areas you can still negotiate. Borrowing costs ticked up in October, so get your pre-approval in place first and know your real monthly number before you fall in love with a house.
If you are selling, the buyers are there, especially for well-priced houses under $1 million. Price it for today's market, not last year's, and present it beautifully. The homes that do both are selling in about a month.
And if you are simply wondering what your home is worth after this year, that is the right question to ask. Start with a free home valuation, and I will walk you through it. I give every client the same advice I would give my own family: real numbers, plain answers and no pressure.
Want the bigger picture? Read last month's Fraser Valley market update, how Fraser Valley home prices have moved since 2022, and the Greater Vancouver market update for October 2026.
Fraser Valley real estate FAQ: October 2026
Is it a buyer's market in the Fraser Valley?
Overall, yes. Across the Fraser Valley, about 11 of every 100 homes for sale sold in October. North Delta, Abbotsford, Cloverdale and Langley houses were balanced.
Are Fraser Valley home prices going down?
The typical Fraser Valley home has a benchmark price of $860,000, down 6.4% from a year ago and almost unchanged from September.
What is the typical house price in Surrey?
Surrey houses sold for a typical $1,248,000 in October 2026, up 3% from September.
Is now a good time to buy a detached house in the Fraser Valley?
For many families, yes. The Fraser Valley Real Estate Board says affordability is at its best level in five years, and detached houses are leading sales.
Want the number for your street?
Text me your street name at 778.990.8703, and I will send you what homes like yours sold for in October. No pressure, just the real numbers.
About the author
Allister Carrington, REALTOR® | KIC Realty Inc.
Allister Carrington is a REALTOR® with KIC Realty Inc., helping buyers and sellers across British Columbia, with most of his work in the Fraser Valley and the Lower Mainland. He sees himself as a counsellor first, and most of his business comes from client referrals. His promise is simple: he only gives advice he would give his own family.
Allister co-hosts The Real Deal Pod, a weekly real estate and mortgage podcast, and is the author of Sold Strategy: Selling Secrets You Can't Afford to Miss. Each month, he breaks down the local numbers so families can make clear, confident decisions about home.
778.990.8703 · allister@allistercarrington.com · allistercarrington.com
Sources
- Fraser Valley Real Estate Board, October 2026 news release and statistics package, released November 3, 2026. Fraser Valley-wide prices are MLS® Home Price Index benchmark prices.
- SnapStats®, October 2026 reports for Surrey, South Surrey and White Rock, North Delta, Cloverdale, Langley, Abbotsford and Mission, based on Fraser Valley Real Estate Board MLS® data. Area "typical" prices are median sale prices.
Information is deemed reliable but not guaranteed.