May 2026 Market Update
Abbotsford Real Estate Market Update
Abbotsford remains the Fraser Valley's most affordable major market, with condo benchmarks now under $390,000.
Benchmark price (all types)
$739,200
▼ -0.8% MoM · ▼ -6.1% YoY
Sales (D+T+A)
148
vs 190 in May 2025
New listings (D+T+A)
387
vs 495 in May 2025 · -21.8%
Active listings (D+T+A)
1,074
vs 1,127 in May 2025
Market Overview
What’s happening in Abbotsford this month
Affordability is Abbotsford's headline again in May 2026. The benchmark apartment price has slipped to $389,000 — down 10.2% in a year and the lowest condo benchmark of any major Lower Mainland market — while detached homes benchmark at $1,175,000 and townhouses at $620,800. Townhouses were the bright spot, rising 1.6% month-over-month. Sales of 148 across the three main home types came in below last May, but with new listings down nearly 22% year-over-year, inventory isn't piling up the way it was. At a 13.8% sales-to-active ratio, Abbotsford sits in balanced territory with conditions varying sharply by segment.
Supply & Demand
Sales-to-active listings ratio
Abbotsford is in balanced market territory
The overall ratio of 13.8% is between 12% and 20%, where prices tend to hold steady. Historically, sustained ratios below 12% put downward pressure on prices, while ratios above 20% push prices upward. Worth noting: the ratio is being held up by a 22% drop in new listings rather than stronger sales, which fell by a similar amount.
Detached 13.6%
Townhouse 17.4%
Apartment 11.3%
Benchmark Prices
MLS® HPI benchmark prices — May 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| All home types (composite) | $739,200 | ▼ -0.8% | ▼ -6.1% |
| Detached | $1,175,000 | ▼ -1.0% | ▼ -5.1% |
| Townhouse | $620,800 | ▲ +1.6% | ▼ -7.0% |
| Apartment / condo | $389,000 | ▼ -2.8% | ▼ -10.2% |
Sales Activity
Home sales by property type
| Home type | May 2026 sales | May 2025 sales | Change | Median price |
|---|---|---|---|---|
| Detached | 60 | 78 | -23.1% | $1,037,500 |
| Townhouse / attached | 47 | 61 | -23.0% | $655,000 |
| Apartment / condo | 41 | 51 | -19.6% | $385,000 |
Common Questions
Abbotsford market FAQ
What is the benchmark home price in Abbotsford?
As of May 2026, the MLS® HPI composite benchmark price in Abbotsford is $739,200 across all home types. By segment: detached $1,175,000, townhouse $620,800, and apartment $389,000. The benchmark represents a typical home in the market, which makes it a more reliable trend indicator than average or median prices.
Are home prices in Abbotsford going up or down?
The composite benchmark dipped 0.8% from April 2026 and is down 6.1% compared to May 2025. Detached prices moved -1.0% month-over-month, townhouses +1.6%, and apartments -2.8%. Segments are moving differently, so the right read depends on the type of home you own or want to buy.
Is Abbotsford a buyer’s or seller’s market right now?
With a sales-to-active listings ratio of 13.8%, Abbotsford is in balanced market conditions — the ratio is between 12% and 20%, where prices tend to hold steady. By segment: detached 13.6%, townhouse 17.4%, and apartment 11.3%.
How many homes sold in Abbotsford in May 2026?
60 detached, 47 townhouse/attached, and 41 apartment sales were recorded in May 2026, compared with 78, 61, and 51 respectively in May 2025.
Is now a good time to buy or sell in Abbotsford?
For buyers: inventory is healthy, prices are below year-ago levels, and homes are taking longer to sell — that combination means more selection and more negotiating power than in recent years. For sellers: well-prepared, accurately priced homes are still selling, but pricing to today’s market (not last year’s) is the difference between selling in weeks and sitting for months. The right move depends on your situation, especially if you’re selling and buying in the same market.
How does Abbotsford compare to nearby markets?
Abbotsford's composite benchmark of $739,200 is the lowest among major Fraser Valley markets — about $154,000 below the Valley-wide composite — and its $389,000 condo benchmark is roughly $95,000 below the FVREB apartment benchmark, keeping it the entry point of choice for first-time buyers and investors.
About this data: All figures are from the Fraser Valley Real Estate Board (FVREB) May 2026 statistics package.
Benchmark prices are MLS® Home Price Index values representing a typical home in the market.
Sales, listings, and ratios cover detached, townhouse, and apartment segments as published in the FVREB MLS® Summary. Information is deemed reliable but is not guaranteed. Prepared by Derek Vanderkooy PREC*
and David Maître PREC*, Value-First Home Team, One Percent Realty Ltd.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.