Langley, Cloverdale Housing Market Trends

 


  Langley, Cloverdale Real Estate Market Reports and  Forecasts    
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Langley, Cloverdale Market Update  (Detached) namely: Brookswood Langley, Langley City, Campbell Valley, Otter District, Salmon River and all the sub-areas of Langley Real Estate Market Update Report.

What are Langley Cloverdale's
Best and Worst Investments?


Archive Peak to Date Price Changes 

June 1, 2022

gas gauge

Current:  Langley, Cloverdale is in a Stable Market with average listing inventories, 15 %SOLD rate and a 103% Sell/List Ratio.  
                       (This means that there is an average of a  $29,900 discount on a sale from the original list price )

Most Active Range:  Homes below $1.1 mill.  have High 31.0 %SOLD rate and is in a Seller Market
Least Active Range: Homes above $5.5 mill. have 1.9 %SOLD rate.

History: The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $449,408.
               The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $270,219.
               *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes

Forecast: Langley, Cloverdale has an average Listing supply; 530 homes are for sale and with the 15 %SOLD monthly rate gives us a ~7 months of inventory. 17% of the active listings have reduced their price by $119,989 on average or $99,000 median in the last month. We project Langley, Cloverdale Detached to be a Stable market.

Greater Vancouver June 2022:

June's Real Estate Statistics in Vancouver's Detached Markets continue to decline with 95% of the homes dropping in value. The monthly average price fell ($38,684) while in the Fraser Valley prices dropped ($42,274) on average. Due to the potential interest rates increases and economic woes, we are forecasting that the majority of the Metro Vancouver Markets will continue to be in a Buyer’s Market for the next coming months.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with Average Price decrease of ($8,369) and ($16,388) respectively. 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.

Fraser Valley June 2022:

100% of the Fraser Valley's Detached Market monthly prices decreased in June by ($42,274) on average. This is the biggest JUNE drop we have seen on Record which is caused by an almost 50% drop in sales. Due to the potential increase on mortgage and interest rates for the 3rd quarter this year and the continued consumer behavior on the economic difficulties, we are forecasting that the majority of the Fraser Valley's Markets will continue to be in a Buyer’s Market for the next coming months.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with an Average Price decrease of ($8,369) and ($16,388) respectively. 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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We thank  Bill Coughlin for his support of these Langley Real Estate Market Updates which include sub-areas such as Langley City, Brookswood Langley, Salmon River, Otter District, Campbell Valley etc. Contact Bill as the Local Expert..... more details.

Langley Real Estate updates include the sub areas Langley City, Brookswood Langley, Salmon River, Campbell Valley, Otter District etc.

Langley Real Estate updates include the sub areas Langley City, Brookswood Langley, Salmon River, Campbell Valley, Otter District etc.

Langley Real Estate updates include the sub areas Langley City, Brookswood Langley, Salmon River, Campbell Valley, Otter District etc.

Langley Real Estate updates include the sub areas Langley City, Brookswood Langley, Salmon River, Campbell Valley, Otter District etc.

Download the full Langley.Cloverdale.Marketupdatereport.PDF

Brookswood Langley, Salmon River, Langley City, Otter District, Campbell Valley and all the sub areas of Langley detailed stats

Brookswood Langley, Salmon River, Langley City, Otter District, Campbell Valley and all the sub areas of Langley detailed stats

Brookswood Langley, Salmon River, Langley City, Otter District, Campbell Valley and all the sub areas of Langley detailed stats

Brookswood Langley, Salmon River, Langley City, Otter District, Campbell Valley and all the sub areas of Langley detailed stats

This Langley, Cloverdale Real Estate Market update includes the sub areas Langley City, Campbell Valley, Brookswood Langley, Salmon River, Otter District, 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-Cloverdale                     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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