langley TOWNHOME-SEPTEMBER 202
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere194 townhom elistingsin Langleyin Septem ber,8% below Augustand 90% higherthan Septem ber2021. Septem bertownhom esalesdecreased by25% m onth-over-m onth,to51,and were57% below Septem ber2021. Thesales-to-listing ratio fortow nhom esin Langley,at 26% ,reflected aselers'm arket. Thetownhom em edian pricein Septem berwas $780,000,a1.3% decreasefrom Augustand 1.0% above Septem ber2021. Theaveragesold pricewas$805,931,2% abovelast m onth;theaveragePSF salepricewas$524,down 1.1% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 2% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 2% VS 2021
▲ 1.0% VS 2021
▲ 90% VS 2021
▼ 57% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 118 102
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$524 $805,931 $780,000 26% 51 194
-77% -57% 90%
$530 $786,760 $790,000 32% 68 212
-1.1% 2% -1.3% -18% -25% -8%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$512 $787,323 $772,500 116%
2% 2% 1%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
228
260
253
212
194
178
140
18
13
10
135
95
92
91
102
74
105
68
98
82
80
70
51
61
50
21
$975K $950K
$925K $881K $880K
$850K $851K $902K $912K
$825K $790K $780K
$773K
LANGLEY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
10
4+ bdrms
49
60
30
60%
3 bdrms
92
40
40%
26%
11
20
21% 21%
2 bdrms
53
0
<$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
15 9 60%
68 18 26%
81 17 21%
24 5 21%
5 2 40%
1 0 n/a
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