The Fraser Valley Real Estate Board recently published the MLS® statistics for the Langley real estate market, among others, for May 2025.
In this post, we’re going to take a close look at key numbers for the Langley townhouse market for May 2025 – including sales, new listings, active listings, as well as benchmark, median and average prices for townhouses for sale in Langley.
We're also going to see what kind of shape the townhouse market in Langley was in for the month – whether it was a buyer's market, a balanced market, or a seller's market.
High inventory in the Fraser Valley is giving buyers more choice, but it also means sellers are facing more competition. We're seeing that homes priced appropriately for today's market are selling, while sellers who aren't in a rush are choosing to hold off or stand firm on pricing and wait for more favourable conditions.
Tore Jacobsen – President, Fraser Valley Real Estate Board
And we're going to look at how the Langley MLS® numbers for May 2025 compare with the numbers for May 2024 and for April 2025.
Highlights of FVREB MLS® Data on Langley Townhouse Listings and Sales
Here's a high-level snapshot of listing and sales activity for Langley townhouses in May 2025.
- 75 Sales
- 220 New Listings
- 349 Active listings
- $863,600 Benchmark Price
- $800,000 Median Price
- $831,027 Average Price
The sales-to-active-listings ratio netted out a market absorption rate of 21.49%, indicating that it was a Seller's Market for townhouses in Langley in May 2025 (click on the link learn more about local housing market ratios on the BC Real Estate Association blog).
Please note: If you want the most accurate and up-to-date data on Langley MLS® listing and sales activity for townhouses, you need to speak with a real estate agent.
Langley Townhouse Market Changes
Following are some of the highlights for townhouses for sale in Langley in May 2025:
- There were 75 townhouse sales in Langley in May 2025 – a decrease of -13.79% over May 2024 and a decrease of -1.32% over April 2025
- There were 220 new listings of townhouses in Langley in May 2025 – an increase of 14.58% over May 2024 and an increase of 18.28% over April 2025
- The average price of a townhouse in Langley in May 2025 was $831,027 – a decrease of -6.05% over May 2024 and a decrease of -6.31% over April 2025
If you're really keen to understand what happened in the market for townhouse in Langley in May 2025, make sure you check out the next section.
Detailed Overview of the Market for Townhouses in Langley
Check out the table below for more detailed information on what happened in the Langley townhouse market in May 2025 and see how it compares with the previous year and previous month.
Langley Townhouse Stats
Metric | May 2025 | May 2024 | % Change | Apr 2025 | % Change |
---|---|---|---|---|---|
Sales | 75 | 87 | -13.79% | 76 | -1.32% |
New Listings | 220 | 192 | 14.58% | 186 | 18.28% |
Active Listings | 349 | 244 | 43.03% | 310 | 12.58% |
Benchmark Price | $863,600 | $874,400 | -1.24% | $861,800 | 0.21% |
Median Price | $800,000 | $878,000 | -8.88% | $852,500 | -6.16% |
Average Price | $831,027 | $884,495 | -6.05% | $887,042 | -6.31% |
Disclaimer
All of the data for the monthly real estate market updates are taken directly from the MLS® 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 latest MLS® statistics for the Langley real estate market.
Or, better still, speak directly with a real estate agent who specializes in Langley townhouses who will be able to provide you with the most accurate, up to the minute information on – and insights into – the Langley real estate market.