langley TOWNHOME-NOVEMBER 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere155 townhom elistingsin Langleyin N ovem ber,7% below O ctoberand 121% higherthan N ovem ber2021. N ovem bertownhom esalesdecreased by30% m onth-over-m onth,to37,and were61% below N ovem ber2021. Thesales-to-listing ratio fortow nhom esin Langley,at 24% ,reflected aselers'm arket. Thetownhom em edian pricein N ovem berwas$800,000, a4% increasefrom O ctoberand 6% below N ovem ber 2021. Theaveragesold pricewas$807,378,5% abovelast m onth;theaveragePSF salepricewas$540,up 2% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 2.0% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 8% VS 2021
▼ 6% VS 2021
▲ 121% VS 2021
▼ 61% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$540 $807,378 $800,000 24% 37 155
95 70
-82% -61% 121%
$529 $766,237 $770,000 32% 53 166
-25% -30% -7%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$551 $877,208 $851,000 136%
2% 5% 4%
-2% -8% -6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
228
260
253
194
212
140 178
166 155
13
135
92
91
70 95
74
104
68
98
53
80
61
37
51
50
21
$973K $950K
$925K $881K $880K
$902K $912K
$851K
$825K $790K $780K $770K $800K
LANGLEY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
60
5
4+ bdrms
43
50
40
20
3 bdrms
64
30
30%
20
27%
12
2 bdrms
14%
48
10
10%
7%
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
10 1 10%
57 17 30%
63 17 27%
14 1 7%
7 1 14%
4 0 n/a
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