Langley City, Langley Townhouse Market Report – October 2021

In October 2021, the Langley City, Langley townhouse real estate market is classified as a Balanced Market with an absorption rate of 14.1%. The market in Langley City, Langley is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

21 townhouse properties sold in Langley City, Langley during October 2021 based on MLS® records. There were 149 active listings at the start of the month. A total of 19 new listings came to market during the month.

The average townhouse sold price in Langley City, Langley in October 2021 was $786,324. Sold prices ranged from $491,000 to $1,025,000. Data is sourced from MLS® board records.

In October 2021, townhouse properties in Langley City, Langley averaged 32 days on the market before selling. With an absorption rate of 14.1%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Langley City, Langley in October 2021 was $786,324, up 29.8% year-over-year compared to October 2020 ($605,906). Sales volume was up 16.7% compared to the same month last year. Data is sourced from MLS® sold records.