Murrayville, Langley Condo Market Report – August 2022

Murrayville is one of Langley Township's oldest and most historically significant neighbourhoods, centred around the original Langley Townsite and offering a mix of heritage properties, established detached homes, and some newer infill development. The area has a distinct small-town character with locally owned businesses, the Langley Heritage Society, and the Fraser Valley Antique Farm Machinery show grounds reflecting the community's agricultural roots. 216th Street and Fraser Highway connect Murrayville to the broader Langley and South Surrey commercial areas. The neighbourhood is popular with buyers who value character homes, established community ties, and a quieter pace of life within Langley's growing real estate market.

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3
Units Sold
$564,833
Avg Sold Price
10d
Avg Days on Market
Buyer's Market
Market Condition
30 active at start of month 3 new listings Absorption rate: 10% Highest sold: $668,000 Lowest sold: $418,500

How Does August 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2022 (this report) 3 $564,833 10d
July 2022 month prior 5 -40% $580,580 -2.7% 26d -61.5%
August 2021 year ago 4 -25% $452,625 +24.8%

3-Year Price Trend — Murrayville, Langley Condo

The Murrayville, Langley condo real estate market was a Buyer's Market in August 2022, with 30 active listings at the start of the month, 3 properties sold, an average sold price of $564,833, properties averaging 10 days on market, an absorption rate of 10%. 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 Murrayville, Langley specialist
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Frequently Asked Questions — Murrayville, Langley August 2022

In August 2022, the Murrayville, Langley condo real estate market is classified as a Buyer's Market with an absorption rate of 10%. 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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