Langley House Market Report – February 2022

In February 2022, the Langley house real estate market is classified as a Buyer's Market with an absorption rate of 11.8%. 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.

155 house properties sold in Langley during February 2022 based on MLS® records. There were 1,318 active listings at the start of the month. A total of 315 new listings came to market during the month.

The average house sold price in Langley in February 2022 was $2,006,674. Sold prices ranged from $907,000 to $5,200,000. Data is sourced from MLS® board records.

In February 2022, house properties in Langley averaged 12 days on the market before selling. With an absorption rate of 11.8%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Langley in February 2022 was $2,006,674, up 12.6% year-over-year compared to February 2021 ($1,781,725). Sales volume was up 3.3% compared to the same month last year. Data is sourced from MLS® sold records.