Langley City, Langley Townhouse Market Report – February 2023

Langley City is an active townhouse 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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5
Units Sold
$664,000
Avg Sold Price
42d
Avg Days on Market
Buyer's Market
Market Condition
256 active at start of month 10 new listings Absorption rate: 2% Highest sold: $755,000 Lowest sold: $570,000

How Does February 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2023 (this report) 5 $664,000 42d
January 2023 month prior 8 -37.5% $726,400 -8.6% 34d +23.5%
February 2022 year ago 15 -66.7% $901,378 -26.3%

3-Year Price Trend — Langley City, Langley Townhouse

The Langley City, Langley townhouse real estate market was a Buyer's Market in February 2023, with 256 active listings at the start of the month, 5 properties sold, an average sold price of $664,000, properties averaging 42 days on market, an absorption rate of 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 February 2023

In February 2023, the Langley City, Langley townhouse real estate market is classified as a Buyer's Market with an absorption rate of 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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