Langley Condo Market Report – August 2020

Langley is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Langley based on MLS® data.

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108
Units Sold
$430,078
Avg Sold Price
35d
Avg Days on Market
Balanced Market
Market Condition
589 active at start of month 175 new listings Absorption rate: 18.3% Highest sold: $945,000 Lowest sold: $247,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 108 $430,078 35d
July 2020 month prior 101 +6.9% $404,420 +6.3% 28d +25%

3-Year Price Trend — Langley Condo

The Langley condo real estate market was a Balanced Market in August 2020, with 589 active listings at the start of the month, 108 properties sold, an average sold price of $430,078, properties averaging 35 days on market, an absorption rate of 18.3%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Langley specialist
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Frequently Asked Questions — Langley August 2020

In August 2020, the Langley condo real estate market is classified as a Balanced Market with an absorption rate of 18.3%. The market in Langley is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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