Langley Townhouse Market Report – May 2022

Langley is an active townhouse market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Langley based on MLS® data.

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106
Units Sold
$946,460
Avg Sold Price
13d
Avg Days on Market
Balanced Market
Market Condition
870 active at start of month 212 new listings Absorption rate: 12.2% Highest sold: $1,549,888 Lowest sold: $632,500

How Does May 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2022 (this report) 106 $946,460 13d
April 2022 month prior 96 +10.4% $964,581 -1.9% 11d +18.2%
May 2021 year ago 156 -32.1% $767,684 +23.3%

3-Year Price Trend — Langley Townhouse

The Langley townhouse real estate market was a Balanced Market in May 2022, with 870 active listings at the start of the month, 106 properties sold, an average sold price of $946,460, properties averaging 13 days on market, an absorption rate of 12.2%. 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 Langley specialist
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Frequently Asked Questions — Langley May 2022

In May 2022, the Langley townhouse real estate market is classified as a Balanced Market with an absorption rate of 12.2%. The market in Langley is currently balanced. Both buyers and sellers have reasonable negotiating positions. 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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