Salmon River, Langley House Market Report – March 2022

In March 2022, the Salmon River, Langley house real estate market is classified as a Buyer's Market with an absorption rate of 7.4%. 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.

10 house properties sold in Salmon River, Langley during March 2022 based on MLS® records. There were 135 active listings at the start of the month. A total of 30 new listings came to market during the month.

The average house sold price in Salmon River, Langley in March 2022 was $3,045,400. Sold prices ranged from $2,100,000 to $4,898,000. Data is sourced from MLS® board records.

In March 2022, house properties in Salmon River, Langley averaged 14 days on the market before selling. With an absorption rate of 7.4%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Salmon River, Langley in March 2022 was $3,045,400, up 50.4% year-over-year compared to March 2021 ($2,025,500). Sales volume was down 56.5% compared to the same month last year. Data is sourced from MLS® sold records.