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Langley Condo Market - November, 2017 Vital Statistics

Blog by Robert McLean | December 19th, 2017

Here is the latest Langley condo market update for November, 2017

Average Sales Price:  
$346,147 which is 22.8% greater year-over-year and 3.4% lower month-over-month

Number of Sales:

78 which is 11.4% greater year-over-year and 27.8 percent fewer month-over-month

Active Listings: 

62 which is 36.7% fewer year-over-year and 10.7 greater month-over-month

Days on Market:

7 which is 46.2% fewer year-over-year and 16.7 greater month-over-month

Months Supply:

0.79 which is 43.2% fewer year-over-year and 53.3 greater month-over-month.

Langley condo prices are have risen substantially over the past 12 months.  We’ve seen the market soften slightly vs last month but activity is still very strong and it’s still very much a seller’s market.

We need more Langley Condo listings!
  In this seller's market, there may be a great opportunity to sell for top dollar.  If you know of anyone that is considering selling a Langley condo, please give me a call with his or her name and phone number and I will be happy to provide a complimentary market evaluation.

Robert McLean

Oh, by the way...I’m never too busy for your referrals!