Market knowledge
Data presented like a research report.
Monthly figures by area and home type, built from board MLS® data and read by someone who negotiates in these markets every week. Every figure carries a source and an as-of date.
September 2026 · 22 areas
Where the leverage sits.
In September 2026, buyers had the edge for detached houses in 15 of 21 areas, and for condos and townhomes in 8 of 22 areas. The rest were balanced or favoured sellers.
Most competitive
32%
Pitt Meadows, detached houses: 12 sales of 37 listings.
Most choice
5%
New Westminster, detached houses: 164 listings, 9 sales.
Quickest sales
16 days
Tsawwassen, detached houses, on 15 sales.
Fraser Valley Real Estate Board
- SurreySurrey, detached houses: 8% sales ratio, Buyers’ market.Surrey, condos and townhomes: 7% sales ratio, Buyers’ market.
- South Surrey & White RockSouth Surrey & White Rock, detached houses: 10% sales ratio, Buyers’ market.South Surrey & White Rock, condos and townhomes: 15% sales ratio, balanced market.
- North DeltaNorth Delta, detached houses: 11% sales ratio, Buyers’ market.North Delta, condos and townhomes: 11% sales ratio, Buyers’ market.
- CloverdaleCloverdale, detached houses: 16% sales ratio, balanced market.Cloverdale, condos and townhomes: 19% sales ratio, balanced market.
- LangleyLangley, detached houses: 14% sales ratio, balanced market.Langley, condos and townhomes: 18% sales ratio, balanced market.
- AbbotsfordAbbotsford, detached houses: 10% sales ratio, Buyers’ market.Abbotsford, condos and townhomes: 10% sales ratio, Buyers’ market.
- MissionMission, detached houses: 12% sales ratio, balanced market.Mission, condos and townhomes: 8% sales ratio, Buyers’ market.
Greater Vancouver REALTORS®
- BurnabyBurnaby, detached houses: 11% sales ratio, Buyers’ market.Burnaby, condos and townhomes: 11% sales ratio, Buyers’ market.
- New WestminsterNew Westminster, detached houses: 5% sales ratio, Buyers’ market.New Westminster, condos and townhomes: 15% sales ratio, balanced market.
- CoquitlamCoquitlam, detached houses: 10% sales ratio, Buyers’ market.Coquitlam, condos and townhomes: 11% sales ratio, Buyers’ market.
- Port CoquitlamPort Coquitlam, detached houses: 17% sales ratio, balanced market.Port Coquitlam, condos and townhomes: 12% sales ratio, balanced market.
- Port MoodyPort Moody, detached houses: 11% sales ratio, Buyers’ market.Port Moody, condos and townhomes: 15% sales ratio, balanced market.
- Pitt MeadowsPitt Meadows, detached houses: 32% sales ratio, Sellers’ market.Pitt Meadows, condos and townhomes: 21% sales ratio, Sellers’ market.
- Maple RidgeMaple Ridge, detached houses: 10% sales ratio, Buyers’ market.Maple Ridge, condos and townhomes: 12% sales ratio, balanced market.
- Vancouver Downtown–Vancouver Downtown, condos and townhomes: 12% sales ratio, balanced market.
- Vancouver West SideVancouver West Side, detached houses: 7% sales ratio, Buyers’ market.Vancouver West Side, condos and townhomes: 12% sales ratio, balanced market.
- Vancouver East SideVancouver East Side, detached houses: 10% sales ratio, Buyers’ market.Vancouver East Side, condos and townhomes: 11% sales ratio, Buyers’ market.
- North VancouverNorth Vancouver, detached houses: 17% sales ratio, balanced market.North Vancouver, condos and townhomes: 10% sales ratio, Buyers’ market.
- West VancouverWest Vancouver, detached houses: 9% sales ratio, Buyers’ market.West Vancouver, condos and townhomes: 14% sales ratio, balanced market.
- RichmondRichmond, detached houses: 11% sales ratio, Buyers’ market.Richmond, condos and townhomes: 12% sales ratio, balanced market.
- TsawwassenTsawwassen, detached houses: 10% sales ratio, Buyers’ market.Tsawwassen, condos and townhomes: 12% sales ratio, balanced market.
- LadnerLadner, detached houses: 7% sales ratio, Buyers’ market.Ladner, condos and townhomes: 15% sales ratio, balanced market.
Source: SnapStats® (snap-stats.com), compiled from Fraser Valley Real Estate Board and Greater Vancouver REALTORS® MLS® data captured October 1, 2026. Figures cover September 2026 versus the previous month. Accuracy and completeness are not guaranteed by the source; not intended to solicit properties already listed for sale.
Compare areas
Every area, side by side.
Sorted by sales ratio. Click any column to re-sort; switch home type above the table.
| Market | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Pitt MeadowsGVR | $1,160,000 | ▼ 9% | $550 | 41 | 95% | 37 | 12 | 32% | Sellers’ market |
| Port CoquitlamGVR | $1,262,500 | ▲ 5% | $563 | 42 | 97% | 153 | 26 | 17% | Balanced market |
| North VancouverGVR | $2,075,000 | ▼ 5% | $804 | 25 | 94% | 348 | 59 | 17% | Balanced market |
| CloverdaleFVREB | $1,212,500 | ▼ 4% | $466 | 19 | 98% | 201 | 32 | 16% | Balanced market |
| LangleyFVREB | $1,345,000 | ▲ 2% | $482 | 20 | 97% | 449 | 64 | 14% | Balanced market |
| MissionFVREB | $814,000 | ▼ 7% | $353 | 29 | 94% | 231 | 28 | 12% | Balanced market |
| North DeltaFVREB | $1,100,000 | No change | $471 | 39 | 96% | 209 | 24 | 11% | Buyers’ market |
| BurnabyGVR | $1,825,000 | No change | $662 | 37 | 96% | 458 | 50 | 11% | Buyers’ market |
| Port MoodyGVR | $1,685,000 | ▼ 6% | $608 | 33 | 96% | 135 | 15 | 11% | Buyers’ market |
| RichmondGVR | $1,765,000 | ▲ 8% | $667 | 44 | 98% | 576 | 65 | 11% | Buyers’ market |
| South Surrey & White RockFVREB | $1,628,000 | No change | $545 | 30 | 102% | 600 | 60 | 10% | Buyers’ market |
| AbbotsfordFVREB | $949,000 | ▼ 7% | $383 | 39 | 95% | 440 | 45 | 10% | Buyers’ market |
| CoquitlamGVR | $1,455,000 | ▼ 6% | $550 | 35 | 97% | 425 | 44 | 10% | Buyers’ market |
| Maple RidgeGVR | $1,131,000 | ▼ 5% | $461 | 29 | 97% | 410 | 40 | 10% | Buyers’ market |
| Vancouver East SideGVR | $1,650,000 | ▼ 5% | $719 | 18 | 96% | 633 | 65 | 10% | Buyers’ market |
| TsawwassenGVR | $1,515,000 | ▲ 7% | $620 | 16 | 94% | 149 | 15 | 10% | Buyers’ market |
| West VancouverGVR | $2,365,000 | ▼ 14% | $703 | 54 | 91% | 425 | 40 | 9% | Buyers’ market |
| SurreyFVREB | $1,215,000 | ▼ 8% | $454 | 28 | 95% | 1,120 | 84 | 8% | Buyers’ market |
| Vancouver West SideGVR | $2,919,444 | ▲ 3% | $978 | 20 | 97% | 697 | 48 | 7% | Buyers’ market |
| LadnerGVR | $1,265,000 | ▼ 4% | $531 | 43 | 97% | 89 | 6 | 7% | Buyers’ market |
| New WestminsterGVR | $1,365,000 | ▼ 11% | $504 | 35 | 94% | 164 | 9 | 5% | Buyers’ market |
Explore an area
Thirteen months, by community.
Pick an area for its trend lines, the month's figures and the community breakdown.
Detached houses · September 2026
Buyers have room to negotiate in Surrey. About 8 of every 100 listings sold, and homes sold 5% under asking on average.
8%
Buyers’ market
Sales ratio: sales as a share of active listings this month.
- Sale price
- $1,215,000
- ▼ 8% vs Aug
- Price per sq ft
- $454
- ▼ 6% vs Aug
- Days on market
- 28
- ▼ 30% vs Aug
- Sale-to-list
- 95%
- ▼ 1% vs Aug
- Active listings
- 1,120
- ▲ 1% vs Aug
- Sales
- 84
- ▲ 5% vs Aug
View as table
| Month | Sale price | Detail |
|---|---|---|
| Sep 2025 | $1,375,000 | 84 sales · 1,188 listings |
| Oct 2025 | $1,430,000 | 93 sales · 1,167 listings |
| Nov 2025 | $1,409,000 | 80 sales · 1,099 listings |
| Dec 2025 | $1,380,000 | 94 sales · 808 listings |
| Jan 2026 | $1,230,000 | 41 sales · 882 listings |
| Feb 2026 | $1,270,000 | 65 sales · 913 listings |
| Mar 2026 | $1,305,000 | 79 sales · 936 listings |
| Apr 2026 | $1,347,750 | 82 sales · 1,064 listings |
| May 2026 | $1,300,000 | 97 sales · 1,136 listings |
| Jun 2026 | $1,278,333 | 96 sales · 1,129 listings |
| Jul 2026 | $1,300,000 | 91 sales · 1,107 listings |
| Aug 2026 | $1,317,500 | 80 sales · 1,106 listings |
| Sep 2026 | $1,215,000 | 84 sales · 1,120 listings |
View as table
| Month | Sales ratio | Detail |
|---|---|---|
| Sep 2025 | 7% | 84 sales of 1,188 listings |
| Oct 2025 | 8% | 93 sales of 1,167 listings |
| Nov 2025 | 7% | 80 sales of 1,099 listings |
| Dec 2025 | 12% | 94 sales of 808 listings |
| Jan 2026 | 5% | 41 sales of 882 listings |
| Feb 2026 | 7% | 65 sales of 913 listings |
| Mar 2026 | 8% | 79 sales of 936 listings |
| Apr 2026 | 8% | 82 sales of 1,064 listings |
| May 2026 | 9% | 97 sales of 1,136 listings |
| Jun 2026 | 9% | 96 sales of 1,129 listings |
| Jul 2026 | 8% | 91 sales of 1,107 listings |
| Aug 2026 | 7% | 80 sales of 1,106 listings |
| Sep 2026 | 8% | 84 sales of 1,120 listings |
By community
Most competitive: West Newton (20%) · Most choice: Queen Mary Park (3%)
| Community | Listings | Sales | Sales ratio |
|---|---|---|---|
| Fleetwood Tynehead | 137 | 14 | 10% |
| East Newton | 120 | 7 | 6% |
| Panorama Ridge | 101 | 5 | 5% |
| Bear Creek Green Timbers | 93 | 5 | 5% |
| Sullivan Station | 93 | 6 | 6% |
| Fraser Heights | 88 | 9 | 10% |
| Whalley | 86 | 0 | n/a |
| West Newton | 83 | 17 | 20% |
Competitive and choice readings need at least 10 listings; ratios above 100% mean last month’s sales exceeded this month’s listings.
Source: SnapStats® (snap-stats.com), compiled from Fraser Valley Real Estate Board and Greater Vancouver REALTORS® MLS® data captured October 1, 2026. Figures cover September 2026 versus the previous month. Accuracy and completeness are not guaranteed by the source; not intended to solicit properties already listed for sale.
Surrey guideHow to read a report
Six terms that do most of the work.
- Sales-to-active listings ratio
- Sales in a month divided by the number of active listings at month end, expressed as a percentage. The boards treat sustained readings below roughly twelve percent as a buyer's market, between twelve and twenty as balanced, and above twenty as a seller's market. One month is noise; the trend is the signal.
- Sale price and the benchmark
- The sale price in these snapshots is the monthly figure SnapStats® reports for each area and segment. It reflects the mix of homes that sold that month, so in a small market a few large or small sales move it a lot. The boards' MLS® Home Price Index benchmark smooths that effect by pricing a typical home; use both, and trust the 13-month line over any single month.
- Sale-to-list ratio
- What homes sold for as a share of their final asking price. Under 100% means buyers negotiated; over 100% usually means multiple offers. It says nothing about price reductions made before the sale, which is why days on market sits beside it.
- Days on market
- The number of days between listing and an accepted offer. Rising days on market usually precede price adjustments; falling days on market usually precede multiple offers.
- Absorption
- How many months the current inventory would take to sell at the current pace. The mirror image of the sales-to-active ratio, and the fastest way to understand competition in a specific price band.
- Segment
- Detached, townhome or apartment. The three behave differently in the same month and the same city, which is why a single headline figure is rarely useful.
Cadence
What publishes, and when.
Monday mornings
Weekly market note
What moved last week and what it means, in under three minutes.
First Tuesday after the board statistics release
Monthly market report
Benchmark price, inventory, sales-to-active ratio and days on market by area and segment, with Merv's read.
January, April, July, October
Quarterly perspective
A longer piece on where the region is in the cycle and how that changes strategy for buyers, sellers and investors.
January
Annual review
The year in one report: what the data said, what it meant, what to watch.
Methodology
Monthly figures come from the SnapStats® reports I subscribe to, which compile Fraser Valley Real Estate Board and Greater Vancouver REALTORS® MLS® data by area, community and home type. Each snapshot states its capture date. Only the numbers are used; the reading beside them is mine. The data is never adjusted. Snapshots are not forecasts and are not a substitute for a comparable-sales analysis of a specific property.
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Weekly note, monthly report, quarterly perspective. Dated, sourced, easy to leave.
Beyond the report
What does the data mean for your home?
A report describes the market. A comparable-sales analysis describes your property in it. I prepare the second one by hand.