Langley Townhouse Market Report – July 2021

In July 2021, the Langley townhouse real estate market is classified as a Seller's Market with an absorption rate of 20%. It is currently a seller's market in Langley. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

122 townhouse properties sold in Langley during July 2021 based on MLS® records. There were 611 active listings at the start of the month. A total of 126 new listings came to market during the month.

The average townhouse sold price in Langley in July 2021 was $765,426. Sold prices ranged from $355,000 to $1,430,000. Data is sourced from MLS® board records.

In July 2021, townhouse properties in Langley averaged 17 days on the market before selling. With an absorption rate of 20%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Langley in July 2021 was $765,426, up 21.5% year-over-year compared to July 2020 ($629,748). Sales volume was down 13.5% compared to the same month last year. Data is sourced from MLS® sold records.