Langley City, Langley Market Report – July 2023

Q: How many homes sold in Langley City, Langley in July 2023?

74 properties sold in Langley City, Langley during July 2023 based on MLS® records. There were 1,776 active listings at the start of the month. A total of 145 new listings came to market during the month.

Q: What is the average home price in Langley City, Langley?

The average sold price in Langley City, Langley in July 2023 was $756,211. Sold prices ranged from $371,000 to $2,730,000. Data is sourced from MLS® board records.

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

In July 2023, properties in Langley City, Langley averaged 17 days on the market before selling. With an absorption rate of 4.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

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

The average sold price in Langley City, Langley in July 2023 was $756,211, up 13.1% year-over-year compared to July 2022 ($668,829). Sales volume was up 76.2% compared to the same month last year. Data is sourced from MLS® sold records.

Langley City is an active real estate 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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Units Sold

$756,211

Avg Sold Price

17d

Avg Days on Market

Buyer's Market

Market Condition

1,776 active at start of month 145 new listings Absorption rate: 4.2% Highest sold: $2,730,000 Lowest sold: $371,000

How Does July 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
July 2023 (this report)	74	$756,211	17d
June 2023 month prior	70 +5.7%	$816,643 -7.4%	13d +30.8%
July 2022 year ago	42 +76.2%	$668,829 +13.1%	—

3-Year Price Trend — Langley City, Langley

The Langley City, Langley real estate market was a Buyer's Market in July 2023, with 1,776 active listings at the start of the month, 74 properties sold, an average sold price of $756,211, properties averaging 17 days on market, an absorption rate of 4.2%. All data is sourced from MLS® sold records.

Recently Sold in Langley City, Langley

20068 Fraser Highway

Sold $295,000

1 bd • 1 ba • Apartment

19705 56 Avenue

Sold $375,000

2 bd • 1 ba • Apartment

5415 Brydon Crescent

Sold $508,000

2 bd • 2 ba • Apartment

20068 Fraser Highway

Sold $299,000

1 bd • 1 ba • Apartment

20277 53 Avenue

Sold $435,000

2 bd • 2 ba • Apartment

20245 53 Avenue

Sold $490,000

2 bd • 2 ba • Apartment

Active Listings in Langley City, Langley

5475 201 Street

$445,999

2 bd • 2 ba • Apartment

2 bd • 1 ba • Apartment

19667 55a Avenue

$839,900

3 bd • 3 ba • Townhouse

20894 57 Avenue

$549,900

2 bd • 2 ba • Apartment

5224 204 Street

$314,800

1 bd • 1 ba • Apartment

Prepared by

Hani Faraj

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

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Related: Langley City, Langley Archive → Live Market Stats → Langley Reports → All BC Reports →

Frequently Asked Questions — Langley City, Langley July 2023

Is it a good time to buy in Langley City, Langley? −

In July 2023, the Langley City, Langley real estate market is classified as a Buyer's Market with an absorption rate of 4.2%. 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.

How many homes sold in Langley City, Langley in July 2023? +

What is the average home price in Langley City, Langley? +

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

How has the Langley City, 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.