langley TOWNHOME-DECEMBER 202
SALESTO LISTINGSRATIO 32% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 11% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 16% VS2021
▼ 18% VS2021
▲ 467% VS2021
▼ 59% VS2021
Therewere119 townhom elistingsin Langleyin D ecem ber,23% below N ovem berand 467% higherthan D ecem ber2021. D ecem bertownhom esalesincreased by3% m onth-over-m onth,to38,and were59% below D ecem ber2021. Thesales-to-listing ratio fortow nhom esin Langley,at 32% ,reflected aselers'm arket. Thetownhom em edian pricein D ecem berwas$737,500, a8% decreasefrom N ovem berand 18% below D ecem ber 2021. Theaveragesold pricewas$754,079,7% below last m onth;theaveragePSF salepricewas$511,down 5% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change -11% -16% -18% -93% -59% 467%
No.
%Change
TOTALLISTINGS TOTALSALES
$511 $754,079 $737,500 32% 38 119
92 21
$540 $807,378 $800,000 24% 37 155
-5% -7% -8% 34% 3% -23%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$577 $899,727 $902,000 438%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
228
260
253
194
212
155
178
140
166
13
135
92
91
19
74
104
68
98
53
80
61
38
51
50
21
37
$973K $950K $925K
$902K $912K
$881K $880K $825K
$790K $780K $770K $800K $738K
LANGLEY
FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
60
7
50
4+bdrms
35
80%
40
19
3bdrms
30
49
50%
20
12
23% 22%
2bdrms
10
35
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2bdrms
S-LRATIO SALES INVENTORY
5 4 80%
38 19 50%
56 13 23%
9 2 22%
7 0 n/a
4 0 n/a
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