Langley City, Langley Condo Market Report – August 2022

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

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25
Units Sold
$505,550
Avg Sold Price
16d
Avg Days on Market
Buyer's Market
Market Condition
782 active at start of month 54 new listings Absorption rate: 3.2% Highest sold: $570,000 Lowest sold: $385,000

How Does August 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2022 (this report) 25 $505,550 16d
July 2022 month prior 24 +4.2% $521,033 -3% 15d +6.7%
August 2021 year ago 55 -54.5% $478,535 +5.6%

3-Year Price Trend — Langley City, Langley Condo

The Langley City, Langley condo real estate market was a Buyer's Market in August 2022, with 782 active listings at the start of the month, 25 properties sold, an average sold price of $505,550, properties averaging 16 days on market, an absorption rate of 3.2%. 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 City, Langley specialist
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Frequently Asked Questions — Langley City, Langley August 2022

In August 2022, the Langley City, Langley condo real estate market is classified as a Buyer's Market with an absorption rate of 3.2%. 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.

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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