Fraser Valley

STATS DET LANGLEY MARCH 2024 Price Band & Bedroom DETACHED HOUSES Community DETACHED HOUSES SnapStats® Inventory Sales Sales Ratio SnapStats® Inventory Sales Sales Ratio $0 - 700,000 1 0 NA Aldergrove 24 11 46% 1 0 NA Brookswood 60 8 13% 0 0 NA Campbell Valley 7 1 14% 4 1 25% County Line Glen Valley 0 0 NA 16 11 69% Fort Langley 18 5 28% 66 32 48% Langley City 62 9 15% 63 22 35% Murrayville 20 11 55% 53 9 17% Otter District 2 1 50% 16 5 31% Salmon River 14 2 14% 22 2 9% Walnut Grove 22 19 86% 21 0 NA Willoughby Heights 81 19 23% 20 4 20% TOTAL* 310 86 28% 8 0 NA 13 0 NA 2 0 NA 1 0 NA 0 0 NA 5,500,001 - 6,000,000 0 0 NA 6,000,001 - 6,500,000 0 0 NA 6,500,001 - 7,000,000 1 0 NA 7,000,001 & Greater 2 0 NA TOTAL* 310 86 28%

2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More

15

1

7%

132 115

44 34

33% 30% 15% 28%

48

7

TOTAL*

310

86

SnapStats®

February

March

Variance

Inventory

262

310

18% 12%

Solds

77

86

Sale Price

$1,520,000 $1,500,000 -1%

Sale Price SQFT

$572 96%

$585

2%

Sale to List Price Ratio

100% 4%

Days on Market

15

7

-53%

Market Summary

Market Type Indicator LANGLEY DETACHED: Sellers Market at 28% Sales Ratio average (2.8 in 10 homes selling rate) Homes are selling on average 100% of list price Most Active Price Band** $1 mil to $1.25 mil with average 69% Sales Ratio (Sellers market) Buyers Best Bet** Homes between $2.25 mil to $2.5 mil, Brookswood, Langley City, Salmon River and up to 2 bedroom properties Sellers Best Bet** Selling homes in Murrayville, Walnut Grove and 3 to 4 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$1,520,000 $1,500,000

$1,518,500

$1,515,000 $1,510,000 $1,500,000 $1,490,595

13 Month Market Trend

$1,475,000 $1,480,000 $1,480,000

$1,430,000

$1,400,001

381

381

$1,298,000

358

352

328

314

310

302

262

254

250

207

206

163

111

86

84

83

77

71

71

57

46

45

107

93

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on April 2, 2024 from the Fraser Valley Real Estate Board MLS®. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.