Fraser Valley

LANGLEY

APRIL 2023

Price Band & Bedroom CONDOS & TOWNHOMES

Com m unity CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory Sales

Sales Ratio

SnapStats® Aldergrove Brooksw ood

Inventory Sales

Sales Ratio

0 0 0

0 0 0 4

NA NA NA

5 0 0 0 7

8 0 0 0 2 8 0 0

160%*

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

NA NA NA

Cam pbel Valey

15 52 77 55 39 38 27

27% 73% 43% 73% 72% 97% 59% 93% 33%

County Line Glen Valey

38 33 40 28 37 16 14

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

29% 48% 67%

114

55

12

0 3

NA NA

23

28

122%*

1,000,001 – 1,250,000 15 1,250,001 – 1,500,000 3 1,500,001 – 1,750,000 1 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0

W iloughby Heights

158 322

110 211

70% 66%

1 0 0 0 0 0 0 0 0 0

TOTAL*

NA NA NA NA NA NA NA NA NA

4,000,001 & Greater

0

TOTAL*

322

211

66%

0 to 1 Bedroom 2 Bedrooms 3 Bedrooms

71

29

41% 67% 95% 55% 66%

159

107

61

58 17

4 Bedroom s & Greater 31

TOTAL*

322

211

SnapStats®

March

April

Variance

Inventory

338 238

322 211

-5%

Solds

-11%

Sale Price

$650,000 $680,000 5%

Sale Price SQFT

$557

$613

10%

Sale to ListPrice Ratio 98%

99%

1%

Days on M arket

10

12

20%

*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 ATTACHED :Selers M arketat66% Sales Ratio average (6.6 in 10 hom es seling rate) • Hom es are seling on average 1% below listprice • M ostActive Price Band** $800,000 to $900,000 w ith average 97% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $300,000 to $400,000,Langley City and up to 1 bedroom properties • Selers BestBet** Seling hom es in Aldergrove,M urrayvile,W alnutGrove,W iloughby Heights and 3 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$729,000

$725,000

13 Month M arket Trend

$692,500

$690,500

$687,500

$650,000 $680,000

$639,000

$619,000 $637,500

$610,000

546

$574,900 $600,750

510

479

467

466

440

423

385

372

338

323

322

282

217

190

181

152

132

123

115

111

112

96

81

238

211

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 .