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Langley Real Estate Market MLS® Roundup

Langley Detached Home Update for September 2024

Following are some of the highlights for detached homes in Langley in September 2024:

  • There were 71 detached home sales in Langley in September 2024 – a change of 0.00% over September 2023 and a change of -5.33% over August 2024
  • There were 221 new listings of detached homes in Langley in September 2024 – a change of 28.49% over September 2023 and a change of 27.01% over August 2024
  • The average price of a detached home in Langley in September 2024 was $1,623,331 – a change of -0.35% over September 2023 and a change of 2.32% over August 2024

The sales-to-active listings ratio netted out a market absorption rate of 14.52%, indicating a Balanced Market for detached homes in Langley in September 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.

Full details here: Langley Detached Home Market Update September 2024.

Langley Townhouse Update for September 2024

Following are some of the highlights for townhouses in Langley in September 2024:

  • There were 78 townhouse sales in Langley in September 2024 – a change of 47.17% over September 2023 and a change of 23.81% over August 2024
  • There were 153 new listings of townhouses in Langley in September 2024 – a change of 34.21% over September 2023 and a change of 20.47% over August 2024
  • The average price of a townhouse in Langley in September 2024 was $883,929 – a change of 3.45% over September 2023 and a change of 3.28% over August 2024

The sales-to-active listings ratio netted out a market absorption rate of 32.77%, indicating a Seller's Market for townhouses in Langley in September 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.

Full details here: Langley Townhouse Market Update September 2024.

Langley Condominium Update for September 2024

Following are some of the highlights for condominiums in Langley in September 2024:

  • There were 86 condominium sales in Langley in September 2024 – a change of 1.18% over September 2023 and a change of 0.00% over August 2024
  • There were 234 new listings of condominiums in Langley in September 2024 – a change of 41.82% over September 2023 and a change of 10.38% over August 2024
  • The average price of a condominium in Langley in September 2024 was $567,633 – a change of -2.89% over September 2023 and a change of -2.07% over August 2024

The sales-to-active listings ratio netted out a market absorption rate of 18.90%, indicating a Balanced Market for condominiums in Langley in September 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.

Full details here: Langley Condominium Market Update September 2024.

*Disclaimer*

All of the data for the monthly real estate market updates are taken directly from the statistics packages that the Fraser Valley Real Estate Board publishes every month.

Although rare, errors and omissions may happen from time to time. If you want to be absolutely certain the you have the most accurate data, we encourage you to click on the link to the FVREB’s current statistics package.

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