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?

Nov 1, 2017

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Current:  Langley, Cloverdale is in a Sellers Market with average listing inventories, 20 %SOLD rate and a 98%  Sell/List Ratio.  (This means that there is an average of a  $15,000 discount on a sale from the original list price )

Most Active Range:  Homes below $700,000 have High 39.1 %SOLD rate and is in a Sellers Market
Least Active Range: Homes above $2 mill. have 6.9 %SOLD rate.

History: The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Top 50%) shows that that prices increased $173,306.
             The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Lower 50%) shows that  prices increased $134,381.
             *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes

Forecast: Langley, Cloverdale  has an average Listing supply; 460 homes are for sale and with the 20 %SOLD monthly rate gives us a  ~5 months of inventory. 12% of the active listings have reduced their price by $51,617 on average or $50,000 median in the last month. We project Langley, Cloverdale Detached to be a sellers market.

October's Real Estate Statistics show our Markets have NORMALIZED with just 33% of Vancouver's Detached Markets increasing values this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $10,887, which is less than the $12,693 decrease that we saw in the month prior. The Average Fraser Valley Markets are still stronger with a $1,381 monthly increase. Detached Markets values in October experienced an Average Monthly Price decrease of $1,381, which is a reduction of the $2,054 increase that we saw in the month prior. The FV is still a much stronger market than the Vancouver Detached Markets which just had a $10,887 monthly decrease. We are forecasting the beginning of Buyers Market across many Detached Markets, with Chilliwack being one of the last holdouts. We are forecasting the beginning of Buyers Market across most Detached Markets

Currently, the Attached Markets carry the day with 75% still increasing in Greater Vancouver (Lower Mainland) (43 of 58 Markets). We are forecasting a continued Seller's Market in the Attached Markets. We continue to analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. 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 Neighbourhood.


   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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   Langley-Cloverdale's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $850,000      

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              你的房屋价值 ,利润, 投资收益率知多少?


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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
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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

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

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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