The Spring Pivot — Abbotsford Market Report April 2026 (March 2026 FVREB stats)

by Justin Ott

The headlines might still be focused on year-over-year price drops, but the boots-on-the-ground reality in Abbotsford tells a different story: The market is waking up. In March, we saw a significant surge in sales activity across all sectors. While we are currently in a "Balanced Market," both townhomes and condos are sitting right on the edge of a Seller’s Market.

The Detached Market: Stability Found?

Detached homes saw a massive 65.6% increase in sales compared to February. While the average price of $1,094,184 is down from last year, the price per square foot actually climbed to $440. With a Sales-to-Active ratio of 14.4%, the detached segment has officially jumped into balanced territory.

Townhouses & Condos: Leading the Charge

If you are looking for where the heat is, look at the multi-family sector.

  • Townhouses: Sales surged by 84% month-over-month. Days on Market (DOM) plummeted from 58 to just 41 days.

  • Condos: Average prices rose 6.6% month-over-month to $425,595, with price per square foot jumping from $411 to $459.

Strategic Takeaway

With both townhomes and condos sitting at a 19% Sales-to-Active ratio, we are one percentage point away from a Seller’s Market (defined by BCREA as 20% or higher). For buyers, the "strategic window" of low competition is closing fast. For sellers, the increased sales volume proves that if your property is a "unicorn"—well-priced with a great layout—the buyers are ready to move.

Justin Ott

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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