Is Langley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Langley has remained a Seller's Market.
Housing Prices in Langley, WA
How much do homes in Langley, WA cost?
Median Sold Price
$838,888
$415/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Langley was $838,888 in June 2024, up 8.3% from last year, and the median price per square foot was $415.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $698.5K | $759K | +8.7% |
2 Bedrooms | $672K | $838.8K | +24.8% |
3 Bedrooms | $800K | $825K | +3.1% |
4 Bedrooms | $675K | $985K | +45.9% |
5+ Bedrooms | $525K | $867.5K | +65.2% |
Summary: Langley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 24.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 45.9%, and 5+ bedroom homes increased by 65.2%.
Median Sold Price Compared To Nearby Cities
Langley | $774.5K | $838.8K | +8.3% |
South Whidbey Island | $699.9K | $749.4K | +7.1% |
Housing Supply in Langley, WA
How many homes are available in Langley, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
45 | 39 | -13.3% |
Summary: The Langley real estate market had 39 homes for sale in June 2024, a 13.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 22 | 18 | -18.2% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Langley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Langley in June 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Langley, WA
How long does it take to sell a home in Langley, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
10 Days | 26 Days | +144.4% |
Summary: Homes in Langley had an average of 26 days on market in Jun 2024, up by 144.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 11 homes were sold in Langley; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.