Langley Detached Home Update for October 2024
Following are some of the highlights for detached homes in Langley in October 2024:
- There were 84 detached home sales in Langley in October 2024 – a change of 47.37% over October 2023 and a change of 18.31% over September 2024
- There were 158 new listings of detached homes in Langley in October 2024 – a change of 10.49% over October 2023 and a change of -28.51% over September 2024
- The average price of a detached home in Langley in October 2024 was $1,493,969 – a change of -10.94% over October 2023 and a change of -7.97% over September 2024
The sales-to-active listings ratio netted out a market absorption rate of 18.67%, indicating a Balanced Market for detached homes in Langley in October 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 October 2024.
Langley Townhouse Update for October 2024
Following are some of the highlights for townhouses in Langley in October 2024:
- There were 82 townhouse sales in Langley in October 2024 – a change of 41.38% over October 2023 and a change of 5.13% over September 2024
- There were 135 new listings of townhouses in Langley in October 2024 – a change of 35.00% over October 2023 and a change of -11.76% over September 2024
- The average price of a townhouse in Langley in October 2024 was $856,389 – a change of -0.49% over October 2023 and a change of -3.12% over September 2024
The sales-to-active listings ratio netted out a market absorption rate of 37.10%, indicating a Seller's Market for townhouses in Langley in October 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 October 2024.
Langley Condominium Update for October 2024
Following are some of the highlights for condominiums in Langley in October 2024:
- There were 99 condominium sales in Langley in October 2024 – a change of 33.78% over October 2023 and a change of 15.12% over September 2024
- There were 212 new listings of condominiums in Langley in October 2024 – a change of 30.86% over October 2023 and a change of -9.40% over September 2024
- The average price of a condominium in Langley in October 2024 was $579,953 – a change of 3.86% over October 2023 and a change of 2.17% over September 2024
The sales-to-active listings ratio netted out a market absorption rate of 22.25%, indicating a Seller's Market for condominiums in Langley in October 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 October 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.