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
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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 .
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