Brookswood Langley, Langley House Market Report – October 2022

In October 2022, the Brookswood Langley, Langley house real estate market is classified as a Buyer's Market with an absorption rate of 4%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

15 house properties sold in Brookswood Langley, Langley during October 2022 based on MLS® records. There were 374 active listings at the start of the month. A total of 22 new listings came to market during the month.

The average house sold price in Brookswood Langley, Langley in October 2022 was $1,489,302. Sold prices ranged from $1,100,000 to $2,270,000. Data is sourced from MLS® board records.

In October 2022, house properties in Brookswood Langley, Langley averaged 31 days on the market before selling. With an absorption rate of 4%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Brookswood Langley, Langley in October 2022 was $1,489,302, down 33.6% year-over-year compared to October 2021 ($2,242,000). Sales volume was down 40% compared to the same month last year. Data is sourced from MLS® sold records.