Russell Dudar Personal Real Estate Corp

Selling · 7 min read

Should You List Now or Wait Until Spring in the Fraser Valley?

October 9, 2026 · By Russell Dudar

This is the question I get most in October. Prices have fallen for a year, the market feels slow, and the instinct is to wait for spring. It is a reasonable instinct. It is also the most crowded trade in the Fraser Valley.

So I pulled the last twelve monthly statistics packages from the Fraser Valley Real Estate Board, October 2025 through September 2026, and worked out what each month actually looked like from a seller's side. Here is what they say.

Spring really does sell faster

Start with the part the seasonal advice gets right. FVREB reports average days to sell in every monthly news release, and the pattern is not subtle. In January 2026 a detached home in the Fraser Valley took 55 days to sell on average. February was 47 days. March 39. April 37. May 35.

Then it turns around. June was 37 days, July 40, August 45, and September 45. The board did not publish a days to sell figure in its December 2025 release, so that month is a gap rather than a data point. If your priority is a fast, clean sale and you can hold until March or April, FVREB's own numbers back you up.

What spring costs you in competition

Speed is only half the question. The other half is how many other sellers are standing beside you, and that is where the usual advice falls apart.

In December 2025, Fraser Valley sellers brought 1,350 new listings to market. In January 2026 they brought 3,078. That is a 128.0% jump in one month, and it is FVREB's own figure, not my arithmetic. New listings then ran between 2,373 and 3,549 every month through September.

A cleaner way to see it is new listings per sale. In December 2025 there were 1.47 new listings for every sale the board recorded. In January there were 4.97. Through February, March and April it ran between 3.17 and 3.32. December was the only month of the twelve where sellers were not heavily outnumbered.

The one month this market was actually balanced

FVREB measures balance with the sales-to-active listings ratio and calls 12% to 20% balanced, following the BCREA definition. Below that is a buyer's market, which is what the board has called the Fraser Valley for most of the last two years, September 2026 included.

Calculated from the board's own monthly sales and active listing counts, the ratio over the last twelve months ran 11.1% in October 2025, 10.2% in November, 13.2% in December, 8.0% in January 2026, 10.1% in February, 10.9% in March, 11.4% in April, 11.1% in May, 11.1% in June, 10.8% in July, 9.6% in August and 9.4% in September.

December was the only month of the twelve that reached balanced territory. FVREB said as much at the time. Its December 2025 release noted that the pullback in new listings "helped lift the sales-to-active listings ratio to 13 per cent in December, bringing the market into balanced territory to close out the year."

January was the worst month of the twelve for a seller, at 8.0%. Sales did fall, but the main reason is that every seller who spent the fall waiting for spring listed at the same time.

What waiting six months has cost, in dollars

The last column that matters is price, and this is where waiting stops being free. FVREB's MLS Home Price Index publishes a six month change for every community and property type it tracks. Those are not forecasts. They are what the last six months did.

In Langley, the composite benchmark price was $941,800 in September 2026, down 2.5% over six months. Detached was $1.471M, down 2.8% over six months. On that benchmark, six months at the recent rate works out to roughly $41,000.

South Surrey and White Rock had a worse six months. The composite benchmark was $990,300, down 5.3%. Detached was $1.613M, down 6.2%, which is about $100,000 off the benchmark. Townhouses there fell 8.2% over the same six months, the steepest of the three property types.

Nobody can tell you the next six months will match the last six. But if you are waiting on the assumption that waiting is free, the recent record disagrees, and in South Surrey it disagrees loudly.

Langley and South Surrey are not the same decision

This is the part regional advice cannot do for you. The two markets I work are moving at different speeds.

Over the last three years Langley has held better than anywhere else the board tracks. Its composite index is down 9.6% over that span, the smallest decline of the eight communities in FVREB's index. South Surrey with White Rock is down 21.4% over the same three years, the largest. Over ten years Langley is up 37.9% and South Surrey with White Rock is up 0.9%, the weakest ten year figure of the eight.

Property type matters as much as postal code. The Langley townhouse has barely moved, down 1.1% over six months, and its five year gain of 7.0% is the largest townhouse figure of the eight communities. The Langley condo is the opposite, down 5.6% over six months and 9.2% over the year.

So a Langley townhouse owner and a Morgan Creek detached owner are not answering the same question. For the month by month detail, I keep a Langley market update for September 2026 and a South Surrey and White Rock market update for September 2026. The Langley real estate and South Surrey real estate pages carry the longer view.

The interest rate argument, and where it breaks

The other reason people give for waiting is rates. The Bank of Canada has held its policy rate at 2.25% since October 30, 2025. Two scheduled announcements fall before spring, on October 28, 2026 and December 9, 2026.

If rates come down, buyer demand should improve, and that helps a seller. The trouble is it helps every other seller too, in the same month you are all listing. A cut that lands in December or January lands in a market taking on 3,000 new listings, not one taking on 1,350.

It also cuts both ways if you are buying as well as selling, which most of my sellers are. A lower rate lifts the price of the place you are moving to at the same time it lifts the one you are leaving. The spread is what you live with, not the headline on either.

Fall is not as quiet as it used to be

One caution on the standard list in the fall advice. It assumes fall inventory is thin. Right now it is not. There were 9,763 active listings across the Fraser Valley at the end of September 2026, which FVREB put at 31% above the ten year seasonal average.

Listing in October does not drop you into an empty market. It drops you into one with a lot of standing inventory and fewer new arrivals. Those are different things. Your advantage this month is in new competition, not total supply, and a buyer choosing between twelve options instead of twenty is still choosing.

How I would actually decide

Three questions.

First, do you have to move? If a job, a separation, a purchase that already closed, or a renewal is driving this, the timing debate is over. Price it to the current comparables and take the market in front of you.

Second, are you buying in the same market? Then the spread matters more than the season. Selling and buying inside the same falling market is close to neutral, and holding out for a better month on the sale usually means paying it back on the purchase.

Third, can you wait properly, meaning more than a year, not one season? That is a real conversation, and for some owners the right one. Waiting a single season in a market that fell 4.1% across the board in six months is not that conversation.

What I want to see before you decide

None of this replaces your own numbers. Benchmarks tell you direction. Your street tells you price. Before anyone of mine lists, I pull every comparable sale and every active competitor in the immediate neighbourhood, and show you what sold and what sat.

If you want that done on your place, start with a free home evaluation and I will put the comparables together. If you have already decided to list, the home marketing plan covers how it gets taken to market.

Figures here come from the FVREB monthly statistics packages for October 2025 through September 2026, including the MLS Summary and MLS Home Price Index tables in the September 2026 package released October 5, 2026, and from the Bank of Canada policy interest rate series. Everything quoted is a board or community figure. FVREB does not publish data below the municipal level, so Willoughby, Brookswood, Morgan Creek and Grandview Heights have no separate benchmark price, and any post that gives you one is estimating.

Have questions? Let's talk.

Whether you're buying, selling, or just exploring your options in South Surrey, White Rock, or Langley, I'm here to help.

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