langley TOWNHOME-JUNE 202
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 17% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2021
▲ 19% VS 2021
▲ 56% VS 2021
▼ 27% VS 2021
Therewere260 townhom elistingsin Langleyin June, 14% aboveM ayand 56% higherthan June2021. Junetownhom esalesincreased by14% m onth-over-m onth,to91,and were27% below June 2021. Thesales-to-listing ratio fortow nhom esin Langley,at 35% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$880,000,a 0.1% decreasefrom M ayand 19% aboveJune2021. Theaveragesold pricewas$887,863,2% below last m onth;theaveragePSF salepricewas$576,down 1.6% tolastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 75% 125 167
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$576 $887,863 $880,000 35% 91 260
17% 18% 19% -53% -27% 56%
$585 $907,769 $880,500 35% 80 228
14% 14%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-1.6% -2% -0.1% -0.3%
$494 $752,564 $740,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
260
228
155
167
178
140
139
18
13
10
125
135
95 92
15
91
106
74
105
102
98
82
80
70
50
21
$975K $950K
$925K $881K $880K
$850K $851K $902K $912K
$740K $756K $750K $773K
LANGLEY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
160
140
12
100%
100%
4+ bdrms
63
120
100
57
3 bdrms
80
134
44%
60
36% 36%
21
40
2 bdrms
20%
63
20
0
1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
3 3 100%
59 21 36%
148 54 36%
40 8 20%
9 4 44%
1 1 100%
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