Vancouver Real Estate Market Update Reports / Fort Langley-Walnut Grove Real Estate Market Update Forecast Report

   The Fort Langley-Walnut Grove Housing Market Trends

 


  Fort Langley-Walnut Grove Real Estate Market Reports and Forecasts   Previous Reports 

Langley Market Update  (Detached) namely: County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove and all the sub-areas of Langley Real Estate Market Update Report.

What are Fort Langley-Walnut Grove's
Best and Worst Investments?


Archive Peak to Date Price Changes

Sept 1, 2021

gas gauge

Current: North Langley is in a Seller Market with normal listing inventories, a 34 %SOLD rate and a 100% Sell/List Ratio.
                    (This means that there is an average of a $1,000 Discount on a sale from the original list price) 

Most Active Range: Homes between $890,000 - $1.0 mill. have 80.0 %SOLD rate resulting in a Seller Market
Least Active Range: Homes above $2.85 mill. have 11.5 %SOLD rate.

History: The North Langley Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $437,214.
                The North Langley Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $296,925.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: North Langley has an average Listing supply; 96 homes are for sale and with the strong 34 %SOLD monthly rate gives us a ~3 months of inventory. 7% of the active listings have reduced their price by $126,600 on average or $80,500 median in the last month.

The Real Estate bubble burst is over! The Vancouver Market just rebounded from the $17,304 drop in July to a $9,115 INCREASE in August. That is a 77% of Single-Family Home Markets just went up! Why did this turn around? Although the number of sales is normal, we now have the lowest listing inventory since 2011. This lack of listings is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold.  This is the largest August price increase we've seen in the last 11years. This Strong Sellers’ market  is a combination of high buyer demand and one of the lowest listing inventories since 2011. 

Meanwhile, here in the Fraser Valley 89% of the home market increasing by an average of $29,258. This is the largest August price increase we've seen in the last 11years. This Strong Sellers’ market is a combination of high buyer demand and one of the lowest listing inventories since 2011. This lack of listings is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold. We are forecasting that the majority of the Metro Vancouver and Fraser Valley Markets will continue to be a Seller's Market in the coming months.

Currently, Condos are now in a Seller's Market with 63% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $3,264 on average. On the other hand, 68% Townhouse Markets (16 out of 28) prices increased $5,149 on average. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

 

   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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Single Family Detached High End .. more than $1,200,000       

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              你的房屋价值 ,利润, 投资收益率知多少?


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We thank Bill Coughlin for his support of these Langley Real Estate Market Updates which include sub-areas such as County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove etc. Contact Bill as the Local Expert..... more details.

Langley Real Estate updates include the sub areas County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove etc.

Langley Real Estate updates include the sub areas County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove etc.

Langley Real Estate updates include the sub areas County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove etc.

Langley Real Estate updates include the sub areas County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove etc.

Download the full Langley.Marketupdatereport.PDF

County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove and all the sub areas of Langley detailed stats

County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove and all the sub areas of Langley detailed stats

County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove and all the sub areas of Langley detailed stats

County Line Glen Valley, Fort Langley, Willoughby Heights, Walnut Grove and all the sub areas of Langley detailed stats

This Langley Real Estate Market update includes the sub areas Langley City, Willoughby Heights, County Line Glen Valley, Fort Langley, Walnut Grove, etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

 

 Langley                     Real Estate Market Analysis Reports

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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For Real Estate in Abbotsford, Mission, Langley, Surrey and Chilliwack

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