langley TOWNHOME-JULY 202
SALES TO LISTINGSRATIO 24% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 9% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2021
▲ 9% VS 2021
▲ 63% VS 2021
▼ 42% VS 2021
Therewere253 townhom elistingsin Langleyin July,3% below Juneand 63% higherthan July2021. Julytownhom esalesdecreased by33% m onth-over-m onth,to61,and were42% below July 2021. Thesales-to-listing ratio fortow nhom esin Langley,at 24% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$825,000,a6% decreasefrom Juneand 9% aboveJuly2021. Theaveragesold pricewas$845,772,5% below last m onth;theaveragePSF salepricewas$551,down 4% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 68% 106 155
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$551 $845,772 $825,000 24% 61 253
9% 11% 9% -65% -42% 63%
$576 $887,863 $880,000 35% 91 260
-31% -33% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-4% -5% -6%
$505 $762,644 $756,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
253
228
260
155
178
140
139
18
13
10
135
95 92
91
106
15
74
105
102
98
82
80
61
70
50
21
$975K $950K $925K
$881K $880K $825K
$850K $851K $902K $912K
$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
120
10
4+ bdrms
60
100
80
37
3 bdrms
131
60
40%
40
14
20% 19%
2 bdrms
62
20
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
7 0 n/a
72 29 40%
124 25 20%
36 7 19%
13 0 n/a
1 0 n/a
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