Langley Condo Market Report – February 2022

Q: How many homes sold in Langley in February 2022?

145 condo properties sold in Langley during February 2022 based on MLS® records. There were 1,248 active listings at the start of the month. A total of 226 new listings came to market during the month.

Q: What is the average home price in Langley?

The average condo sold price in Langley in February 2022 was $639,721. Sold prices ranged from $350,000 to $1,650,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Langley?

In February 2022, condo properties in Langley averaged 9 days on the market before selling. With an absorption rate of 11.6%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Langley market changed compared to last year?

The average condo sold price in Langley in February 2022 was $639,721, up 38.2% year-over-year compared to February 2021 ($462,896). Sales volume was down 10.5% compared to the same month last year. Data is sourced from MLS® sold records.

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.

← January 2022 Next month →

145

Units Sold

$639,721

Avg Sold Price

Avg Days on Market

Buyer's Market

Market Condition

1,248 active at start of month 226 new listings Absorption rate: 11.6% Highest sold: $1,650,000 Lowest sold: $350,000

How Does February 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
February 2022 (this report)	145	$639,721	9d
January 2022 month prior	110 +31.8%	$630,175 +1.5%	11d -18.2%
February 2021 year ago	162 -10.5%	$462,896 +38.2%	—

3-Year Price Trend — Langley Condo

The Langley condo real estate market was a Buyer's Market in February 2022, with 1,248 active listings at the start of the month, 145 properties sold, an average sold price of $639,721, properties averaging 9 days on market, an absorption rate of 11.6%. All data is sourced from MLS® sold records.

Recently Sold in Langley

20286 72b Avenue

Sold $555,000

2 bd • 2 ba • Apartment

20068 Fraser Highway

Sold $295,000

1 bd • 1 ba • Apartment

19705 56 Avenue

Sold $375,000

2 bd • 1 ba • Apartment

20286 72b Avenue

Sold $600,000

2 bd • 2 ba • Apartment

5415 Brydon Crescent

Sold $508,000

2 bd • 2 ba • Apartment

20068 Fraser Highway

Sold $299,000

1 bd • 1 ba • Apartment

Active Listings in Langley

20834 80 Avenue

$625,000

2 bd • 2 ba • Apartment

5475 201 Street

$445,999

2 bd • 2 ba • Apartment

8328 207a Street

$529,000

2 bd • 2 ba • Apartment

20769 Fraser Highway

$529,900

2 bd • 1 ba • Apartment

20894 57 Avenue

$549,900

2 bd • 2 ba • Apartment

5224 204 Street

$314,800

1 bd • 1 ba • Apartment

Top Buildings in Langley

Union Park

589 units

Union Park

497 units

Aldergrove Town Centre

456 units

Elements

393 units

Hayer Town Centre

338 units

Alexander Square

308 units

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Langley specialist

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Related: Langley Condo Archive → Live Market Stats → All BC Reports →

Frequently Asked Questions — Langley February 2022

Is it a good time to buy in Langley? −

In February 2022, the Langley condo real estate market is classified as a Buyer's Market with an absorption rate of 11.6%. 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.

How many homes sold in Langley in February 2022? +

What is the average home price in Langley? +

How long are homes sitting on the market in Langley? +

How has the Langley market changed compared to last year? +

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.