Walnut Grove, Langley House Market Report – January 2023

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.

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4
Units Sold
$921,800
Avg Sold Price
72d
Avg Days on Market
Buyer's Market
Market Condition
238 active at start of month 6 new listings Absorption rate: 1.7% Highest sold: $1,450,000 Lowest sold: $110,000

How Does January 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
January 2023 (this report) 4 $921,800 72d
December 2022 month prior 9 -55.6% $1,346,111 -31.5% 42d +71.4%
January 2022 year ago 15 -73.3% $1,688,973 -45.4%

3-Year Price Trend — Walnut Grove, Langley House

The Walnut Grove, Langley house real estate market was a Buyer's Market in January 2023, with 238 active listings at the start of the month, 4 properties sold, an average sold price of $921,800, properties averaging 72 days on market, an absorption rate of 1.7%. 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
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Frequently Asked Questions — Walnut Grove, Langley January 2023

In January 2023, the Walnut Grove, Langley house real estate market is classified as a Buyer's Market with an absorption rate of 1.7%. 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.

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