Is Langley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Langley was a Seller's Market.
Housing Prices in Langley, WA
How much do homes in Langley, WA cost?
Median Sold Price
$835,000
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Langley was $835,000 in April 2024, up 23% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $580K | $788K | +35.9% |
2 Bedrooms | $647.5K | $850K | +31.3% |
3 Bedrooms | $840K | $804K | -4.3% |
4 Bedrooms | $712.5K | $800K | +12.3% |
5+ Bedrooms | $525K | $875K | +66.7% |
Summary: Langley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.9%, 2 bedroom homes increased by 31.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 66.7%.
Median Sold Price Compared To Nearby Cities
Langley | $679K | $835K | +23.0% |
South Whidbey Island | $691.6K | $750K | +8.4% |
Housing Supply in Langley, WA
How many homes are available in Langley, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 40 | +42.9% |
Summary: The Langley real estate market had 40 homes for sale in April 2024, a 42.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 13 | 22 | +69.2% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Langley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 69.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Langley in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 11 Days | -74.2% |
Summary: Homes in Langley had an average of 11 days on market in Apr 2024, down by 74.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Langley; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.