Fraser Valley

LANGLEY

APRIL 2023

Price Band & Bedroom DETACHED HOUSES

Com m unity DETACHED HOUSES

SnapStats® $0 -700,000

Inventory Sales

Sales Ratio

SnapStats® Aldergrove Brooksw ood

Inventory Sales

Sales Ratio

0 2 3 4

0 0 0 3

NA NA NA

20 34

11

55% 21% 40% 28% 26% 35% NA

700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

7 2 0 5 8 0 5

Cam pbel Valey

5 0

75% 78% 60% 62% 57% 27%

County Line Glen Valey

1,000,001 – 1,250,000 18 1,250,001 – 1,500,000 45 1,500,001 – 1,750,000 42 1,750,001 – 2,000,000 21 2,000,001 – 2,250,000 11 2,250,001 – 2,500,000 18 2,500,001 – 2,750,000 12 2,750,001 – 3,000,000 13 3,000,001 – 3,500,000 4 3,500,001 – 4,000,000 7 4,000,001 – 4,500,000 2 4,500,001 – 5,000,000 0 5,000,001 – 5,500,000 0 5,500,001 -6,000,000 0 6,000,001 -6,500,000 0 6,500,001 -7,000,000 1

14 27 26 12

FortLangley Langley City M urrayvile O terDistrict Salm on River W alnutGrove

18 43 23 12 18 32 1

11

NA

3 1 1 3 2 1 0 0 0 0 0 0 0

42%

6% 8%

22 22 93

122%*

W iloughby Heights

69% 45%

23% 50% 14%

TOTAL*

206

NA NA NA NA NA NA NA

7,000,001 & Greater

3

TOTAL*

206

93

45%

2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore

9

2

22% 40% 64% 26% 45%

101

40 44

69 27

7

TOTAL*

206

93

SnapStats®

March

April

Variance

Inventory

207 107

206

0%

Solds

93

-13%

Sale Price

$1,400,001 $1,515,000 8%

Sale Price SQFT

$590

$540 101%

-8%

Sale to ListPrice Ratio 97%

4% 0%

Days on M arket

8

8

*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.

M arket Sum m ary

• M arketType Indicator LANGLEY DETACHED :Selers M arketat45% Sales Ratio average (4.5 in 10 hom es seling rate) • Hom es are seling on average 1% above listprice • M ostActive Price Band** $1 m ilto $1.25 m ilw ith average 78% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $2.25 m ilto $2.5 m il,Brooksw ood and up to 2 bedroom properties • Selers BestBet** Seling hom es in W alnutGrove,W iloughby Heights and 5 to 6 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$1,640,000

$1,545,000 $1,530,000

$1,515,000

$1,400,000

$1,317,500 $1,328,000 $1,321,500 $1,275,000 $1,387,000 $1,345,000 $1,400,000 $1,400,001

13 Month M arket Trend

398

398

358

353

306

301

292

267

207

207

206

194

185

109

107

94

93

73

66

65

60

59

59

55

45

41

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2023 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M ay 1,2023 from the FraserValey RealEstate Board M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .