Langley Detached Home Update for March 2024
Following are some of the highlights for detached homes in Langley in March 2024:
- There were 86 detached home sales in Langley in March 2024 – a change of -19.63% over March 2023 and a change of 11.69% over February 2024
- There were 205 new listings of detached homes in Langley in March 2024 – a change of 29.75% over March 2023 and a change of 50.74% over February 2024
- The average price of a detached home in Langley in March 2024 was $1,596,992 – a change of 3.99% over March 2023 and a change of 1.26% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 27.39%, indicating a Seller's Market for detached homes in Langley in March 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 March 2024.
Langley Townhouse Update for March 2024
Following are some of the highlights for townhouses in Langley in March 2024:
- There were 91 townhouse sales in Langley in March 2024 – a change of -10.78% over March 2023 and a change of 42.19% over February 2024
- There were 133 new listings of townhouses in Langley in March 2024 – a change of 14.66% over March 2023 and a change of 15.65% over February 2024
- The average price of a townhouse in Langley in March 2024 was $909,164 – a change of 10.72% over March 2023 and a change of 1.91% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 59.09%, indicating a Seller's Market for townhouses in Langley in March 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 March 2024.
Langley Condominium Update for March 2024
Following are some of the highlights for condominiums in Langley in March 2024:
- There were 100 condominium sales in Langley in March 2024 – a change of -26.47% over March 2023 and a change of -4.76% over February 2024
- There were 195 new listings of condominiums in Langley in March 2024 – a change of 12.07% over March 2023 and a change of 18.18% over February 2024
- The average price of a condominium in Langley in March 2024 was $587,588 – a change of 5.14% over March 2023 and a change of 0.02% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 34.97%, indicating a Seller's Market for condominiums in Langley in March 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 March 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.