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!