Salmon River, Langley Condo Market Report – July 2021

In July 2021, the Salmon River, Langley condo real estate market is classified as a Strong Seller's Market with an absorption rate of 80%. It is currently a strong seller's market in Salmon River, Langley, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

4 condo properties sold in Salmon River, Langley during July 2021 based on MLS® records. There were 5 active listings at the start of the month. A total of 4 new listings came to market during the month.

The average condo sold price in Salmon River, Langley in July 2021 was $425,375. Sold prices ranged from $406,500 to $475,000. Data is sourced from MLS® board records.

In July 2021, condo properties in Salmon River, Langley averaged 18 days on the market before selling. With an absorption rate of 80%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Salmon River, Langley in July 2021 was $425,375, up 11.8% year-over-year compared to July 2020 ($380,633). Sales volume was up 33.3% compared to the same month last year. Data is sourced from MLS® sold records.