Langley City, Langley Townhouse Market Report – August 2021

In August 2021, the Langley City, Langley townhouse real estate market is classified as a Seller's Market with an absorption rate of 21.8%. It is currently a seller's market in Langley City, Langley. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

32 townhouse properties sold in Langley City, Langley during August 2021 based on MLS® records. There were 147 active listings at the start of the month. A total of 28 new listings came to market during the month.

The average townhouse sold price in Langley City, Langley in August 2021 was $717,247. Sold prices ranged from $476,100 to $879,900. Data is sourced from MLS® board records.

In August 2021, townhouse properties in Langley City, Langley averaged 35 days on the market before selling. With an absorption rate of 21.8%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Langley City, Langley in August 2021 was $717,247, up 31.1% year-over-year compared to August 2020 ($547,206). Sales volume was up 146.2% compared to the same month last year. Data is sourced from MLS® sold records.