Langley Detached Home Update for April 2023
Following are some of the highlights for detached homes in Langley in April 2023:
- There were 93 detached home sales in Langley in April 2023 – a change of -14.68% over April 2022 and a change of -13.08% over March 2023
- There were 136 new listings of detached homes in Langley in April 2023 – a change of -38.74% over April 2022 and a change of -13.92% over March 2023
- The average price of a detached home in Langley in April 2023 was $1,610,028 – a change of -10.39% over April 2022 and a change of 4.84% over March 2023
The sales-to-active listings ratio netted out a market absorption rate of 46.27%, indicating a Seller's Market for detached homes in Langley in April 2023 (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 April 2023.
Langley Townhouse Update for April 2023
Following are some of the highlights for townhouses in Langley in April 2023:
- There were 94 townhouse sales in Langley in April 2023 – a change of -3.09% over April 2022 and a change of -7.84% over March 2023
- There were 99 new listings of townhouses in Langley in April 2023 – a change of -47.34% over April 2022 and a change of -14.66% over March 2023
- The average price of a townhouse in Langley in April 2023 was $845,300 – a change of -10.74% over April 2022 and a change of 2.95% over March 2023
The sales-to-active listings ratio netted out a market absorption rate of 101.08%, indicating a Seller's Market for townhouses in Langley in April 2023 (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 April 2023.
Langley Condominium Update for April 2023
Following are some of the highlights for condominiums in Langley in April 2023:
- There were 117 condominium sales in Langley in April 2023 – a change of -2.50% over April 2022 and a change of -13.97% over March 2023
- There were 152 new listings of condominiums in Langley in April 2023 – a change of -20.42% over April 2022 and a change of -12.64% over March 2023
- The average price of a condominium in Langley in April 2023 was $586,329 – a change of -3.37% over April 2022 and a change of 4.91% over March 2023
The sales-to-active listings ratio netted out a market absorption rate of 52.23%, indicating a Seller's Market for condominiums in Langley in April 2023 (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 April 2023.
*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.