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Langley Real Estate Market MLS® Roundup

Langley Detached Home Update for October 2021

Following are some of the highlights for detached homes in Langley in October 2021:

  • There were 94 detached home sales in Langley in October 2021 – a change of -38.96% over October 2020 and a change of 1.08% over September 2021
  • There were 118 new listings of detached homes in Langley in October 2021 – a change of -15.71% over October 2020 and a change of -5.60% over September 2021
  • The average price of a detached home in Langley in October 2021 was $1,579,211 – a change of 39.27% over October 2020 and a change of 8.72% over September 2021

The sales-to-active listings ratio netted out a market absorption rate of 63.09%, indicating a Seller's Market for detached homes in Langley in October 2021 (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 2021.

Langley Townhouse Update for October 2021

Following are some of the highlights for townhouses in Langley in October 2021:

  • There were 111 townhouse sales in Langley in October 2021 – a change of -15.91% over October 2020 and a change of -3.48% over September 2021
  • There were 100 new listings of townhouses in Langley in October 2021 – a change of -25.37% over October 2020 and a change of -12.28% over September 2021
  • The average price of a townhouse in Langley in October 2021 was $847,725 – a change of 35.83% over October 2020 and a change of 9.94% over September 2021

The sales-to-active listings ratio netted out a market absorption rate of 137.04%, indicating a Seller's Market for townhouses in Langley in October 2021 (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 2021.

Langley Condominium Update for October 2021

Following are some of the highlights for condominiums in Langley in October 2021:

  • There were 128 condominium sales in Langley in October 2021 – a change of 5.79% over October 2020 and a change of 5.79% over September 2021
  • There were 121 new listings of condominiums in Langley in October 2021 – a change of -41.83% over October 2020 and a change of -19.33% over September 2021
  • The average price of a condominium in Langley in October 2021 was $556,632 – a change of 30.15% over October 2020 and a change of 5.98% over September 2021

The sales-to-active listings ratio netted out a market absorption rate of 80.00%, indicating a Seller's Market for condominiums in Langley in October 2021 (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 2021.

*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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