Is Langley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Langley was a Neutral Market.
Housing Prices in Langley, WA
How much do homes in Langley, WA cost?
Median Sold Price
$687,500
$466/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Langley was $687,500 in March 2024, up 58% from last month, and the median price per square foot was $466.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $642K | $780K | +21.5% |
3 Bedrooms | $435K | $595K | +36.8% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Langley housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 36.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Langley, WA
How many homes are available in Langley, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 28 | +55.6% |
Summary: The Langley real estate market had 28 homes for sale in March 2024, a 55.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 8 | 13 | +62.5% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Langley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Langley in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 88 Days | +130.0% |
Summary: Homes in Langley had an average of 88 days on market in Mar 2024, up by 130% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Langley; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.