Walnut Grove, Langley Market Report – August 2022

Walnut Grove is a mature, family-oriented community in the Township of Langley, BC, developed primarily in the 1980s and 1990s and offering a well-established suburban lifestyle with excellent schools and recreational amenities. The neighbourhood features a mix of detached single-family homes, townhouses, and some condos along its main commercial corridors, with tree-lined residential streets giving it a polished, well-maintained character. Walnut Grove Secondary School and several highly regarded elementary schools serve the neighbourhood's strong family demographic. Highway 1 access at 200th Street provides excellent connections to Surrey, Abbotsford, Coquitlam, and Metro Vancouver employment centres. Walnut Grove Community Centre and several parks offer recreational programming. The neighbourhood's relative affordability, established community infrastructure, and highway connectivity make it one of Langley's most consistently popular and liquid real estate markets for families seeking detached home ownership in the eastern Metro Vancouver region.

← July 2022 Next month →
27
Units Sold
$1,251,519
Avg Sold Price
31d
Avg Days on Market
Buyer's Market
Market Condition
399 active at start of month 37 new listings Absorption rate: 6.8% Highest sold: $4,425,000 Lowest sold: $320,500

How Does August 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2022 (this report) 27 $1,251,519 31d
July 2022 month prior 31 -12.9% $873,993 +43.2% 21d +47.6%
August 2021 year ago 54 -50% $1,029,328 +21.6%

3-Year Price Trend — Walnut Grove, Langley

The Walnut Grove, Langley real estate market was a Buyer's Market in August 2022, with 399 active listings at the start of the month, 27 properties sold, an average sold price of $1,251,519, properties averaging 31 days on market, an absorption rate of 6.8%. 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 Walnut Grove, Langley specialist
Get your home value ›

Frequently Asked Questions — Walnut Grove, Langley August 2022

In August 2022, the Walnut Grove, Langley real estate market is classified as a Buyer's Market with an absorption rate of 6.8%. 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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →