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?

Feb 1, 2018

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Current:  Langley, Cloverdale is in a Sellers Market with average listing inventories, 21 %SOLD rate and a 98%  Sell/List Ratio.  (This means that there is an average of a  $17,200 discount on a sale from the original list price )

Most Active Range:  Homes below $800,000 have High 38.2 %SOLD rate and is in a Sellers Market
Least Active Range: Homes above $2.5 mill. have 2.5 %SOLD rate.

History: The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $162,126.
             The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $139,240.
             *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes

Forecast: Langley, Cloverdale has an average Listing supply; 316 homes are for sale and with the 21 %SOLD monthly rate gives us a ~5 months of inventory. 5% of the active listings have reduced their price by $50,048 on average or $40,000 median in the last month. We project Langley, Cloverdale Detached to be a seller's market.

January's Real Estate Statistics shows just 44% of Vancouver's Detached Markets increased values. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $12,262, which the same as the $12,671 decrease that we saw in the month prior. On the Average Fraser Valley still has a stronger Market with their $7,012 monthly increase. With the much tougher mortgage lending rules upon us, the higher interest rates, pending trade tariffs and chilly economic winds arriving, we are forecasting the beginning of Buyers Market across most Detached Markets.


Currently, the Condo Markets set the breakneck pace with 93% increasing in Greater Vancouver (Lower Mainland) (28 of 30 Markets). We are forecasting a continued Seller's Market in the Condo Markets for the following months. 57% of the Townhouse Markets are currently increasing (16 out of 28 Markets), but we do expect this market to shift to a Buyer’s Market in the next few months. There is a Notable difference between the top 50% of the markets which are slowing down and decreasing over the much stronger bottom 50% of the markets. We 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      

What Is Your Home Value, Profit; Return On Investment?
              你的房屋价值 ,利润, 投资收益率知多少?


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                                                    计算你的房产价值;     与130的本地和全球市场比较你的投资利润
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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