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Langley Real Estate Market MLS® Roundup

Langley Detached Home Update for June 2024

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

  • There were 99 detached home sales in Langley in June 2024 – a change of -39.26% over June 2023 and a change of -23.26% over May 2024
  • There were 220 new listings of detached homes in Langley in June 2024 – a change of -7.17% over June 2023 and a change of -20.00% over May 2024
  • The average price of a detached home in Langley in June 2024 was $1,674,142 – a change of 4.65% over June 2023 and a change of 3.24% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 21.66%, indicating a Seller's Market for detached homes in Langley in June 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 June 2024.

Langley Townhouse Update for June 2024

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

  • There were 84 townhouse sales in Langley in June 2024 – a change of -21.50% over June 2023 and a change of -3.45% over May 2024
  • There were 168 new listings of townhouses in Langley in June 2024 – a change of 27.27% over June 2023 and a change of -12.50% over May 2024
  • The average price of a townhouse in Langley in June 2024 was $878,487 – a change of -2.32% over June 2023 and a change of -0.68% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 33.33%, indicating a Seller's Market for townhouses in Langley in June 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 June 2024.

Langley Condominium Update for June 2024

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

  • There were 104 condominium sales in Langley in June 2024 – a change of -21.80% over June 2023 and a change of 6.12% over May 2024
  • There were 209 new listings of condominiums in Langley in June 2024 – a change of 16.76% over June 2023 and a change of -9.13% over May 2024
  • The average price of a condominium in Langley in June 2024 was $590,681 – a change of 3.54% over June 2023 and a change of -1.12% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 29.21%, indicating a Seller's Market for condominiums in Langley in June 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 June 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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