Langley Township
Langley Township
Real Estate
Watch RealTours™ Langley Township
Langley Township is the “birthplace of BC,” and in this episode of RealTours, host Stephen Tadgh explores its roots to understand how this unique mix of urban and rural grew to be and what's coming in the future.
Watch now
Langley is currently becoming a first choice for Homeseekers, and its market conditions reflect that.
Urban meets rural.
Langley Township may be at the far eastern edge of Metro Vancouver, but it’s become the first choice for many Homeseekers, thanks to its unique blend of urban and rural amenities. As a result, its real estate market reflects these changing conditions. If you are considering a move to Langley Township, looking at the data can help you determine what’s in store.Data correct as of 4 October 2024.Listings
1634
Two-year trend.
Recently, the number of listings has spiked in Langley Township, and is currently around 1,300. However, they were lower than this before, and stayed near 1,000 for a while. This is likely due to a mix of market conditions, with buyers waiting for favourable lending terms, and the addition of inventory. As RealTours cast member Derek Fenton, Vice President of Marketing and Sales at Zenterra, says, “We are seeing that more and more areas are increasing densification; where prior it would be single family homes or townhomes, now these areas are seeing rezoning to six-storey wood-frame apartments.”
listing Volume
Two-year trend
Featured Listings
Single-family
Single-family homes may be a larger part of Langley Township’s market now, but they will likely be replaced by higher density in the future.
Condo
Condos are increasingly being built in Langley Township.
Townhome
Townhome construction is on the rise in Langley Township.
Multi-family
Duplexes, triplexes and multi-family homes will likely come onto the market as well due to recent provincial legislation changes.
Quote
13/11/2024
“Langley will be growing and it will be very exciting to see where things go.
Derek FentonVice President of Marketing and Sales at Zenterra
Listing prices
Two-year trend.
The median list price is high in Langley Township, currently near $1.3 million, but that does not necessarily mean buyers will pay this much for a home. Derek explains, “you can get a resale product in Langley – like a three bedroom townhome – for probably seven, low-$800,000, versus, if you're in Vancouver, Burnaby, anything like that, you're well north of a million-something.”
As Langley Township continues to develop and grow, Homeseekers can expect that properties will increase in value. And investors will likely see the prices of their homes rise, too.
Langley Township
The ultimate
real estate guide.
