Data sourced from the Fraser Valley Real Estate Board (FVREB), MLS®, and BC Assessment data. Supplementary insights gathered from RBC Housing Market Reports and local development projections.
Langley’s real estate market has remained resilient throughout 2025, even as other parts of the province show signs of slowing. The combination of low inventory, strong interprovincial migration, and increased interest from investors and developers is keeping prices firm and demand strong.
Here are the key trends shaping Langley’s market this season:
1. Detached Homes: Holding Strong
Detached homes continue to be in high demand, particularly in established neighborhoods with larger lots and development potential.
Average sale price (July 2025): ~$1.55M (FVREB MLS® stats)
Days on market: 14–21 (FVREB weekly snapshots)
High-demand zones: Brookswood, Fort Langley, Willoughby Heights
Buyers from Vancouver and Burnaby are increasingly seeking more space and lifestyle value, driving up competition for suburban detached inventory.
2. Townhomes: The New Family Favourite
Townhouses have seen a ~20% year-over-year increase in transaction volume, largely fueled by buyers priced out of the detached segment and retirees looking to downsize.
Price range: $825K–$1.05M (MLS® data)
Key features attracting buyers: Newer builds (post-2018), low strata fees, family-friendly layouts
Top neighbourhoods: Willoughby, Yorkson, Walnut Grove
3. Condos: Gaining Ground Again
Langley’s condo market is seeing renewed activity as affordability challenges persist across Metro Vancouver. First-time buyers and investors are zeroing in on new builds and pre-sales.
Average condo price: $540K (FVREB – July 2025 Market Summary)
Rental yield on newer units: 4.5%–5.2% (Based on local property management firms and RBC rental yield models)
Most active areas: Downtown Langley, Langley City, parts of Aldergrove
4. Acreages & Development Land: Long-Term Demand
Rural properties in areas like Otter District, Campbell Valley, and Glen Valley are attracting developers, equestrian enthusiasts, and multi-generational families. Properties with subdivision potential or ALR exclusion prospects are especially popular.
Typical sale range: $2M–$6M+ (BC Assessment + MLS® data)
Trend drivers: Development speculation, demand for estate properties, agri-business interest
🔍 Additional Drivers Behind the Trend:
Interest Rates: 5-year fixed rates have stabilized around 4.75% (RBC & BMO mortgage rate reports – June/July 2025)
Population Growth: Langley’s population growth has outpaced projections, with over 2,000 new residents arriving each year (BC Stats 2024–2025)
Transit & Infrastructure: Anticipation of the SkyTrain extension to Langley Centre by 2028 is pushing up demand in Langley City (TransLink Capital Projects Update – 2025)
Rental Market: Vacancy rates remain below 1.2%, with strong demand for legal suites and new condos (CMHC Spring 2025 Rental Market Survey)