Current: North Langley is in a Seller Market with normal listing inventories, a 19 %SOLD rate and a 100% Sell/List Ratio.
                    (This means that there is an average of a $6,950 Discount on a sale from the original list price) 

Most Active Range: Homes below $1.35 mill. have 34.6 %SOLD rate resulting in a Seller Market
Least Active Range: Homes between $2.2 mill. - $3.8 mill. have 3.4 %SOLD rate.

History: The North Langley Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $397,633.
                The North Langley Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $294,209.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: North Langley has an average Listing supply; 149 homes are for sale and with the strong 19 %SOLD monthly rate gives us a ~5 months of inventory. 17% of the active listings have reduced their price by $155,285 on average and $100,000 on median in the last month.

Greater Vancouver May 2022:

May's Real Estate Statistics shows Vancouver's Detached Markets decreased by ($25,900) on average that is 76% of the homes dropped in value. This is the 3rd drop since Peak (Feb 2022). This is partially caused by the erosion of consumer confidence with the $2+/litre gas prices, interest rates, and economic woes. We are now forecasting that the majority of the Metro Vancouver Markets will be in a continued Buyer’s Market for the months. The Fraser Valley prices dropped a whopping ($44,898) on average.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with an Average Price decrease of ($10,062) and ($16,759) 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 May 2022:

The 89% of Fraser Valley's Detached Home Market dropped in May and Average Prices decreased ($44,898). This is the biggest MAY drop we've seen on record. This adjustment is partially caused by the erosion of consumer confidence with the $2+/litre gas prices, interest rates, and economic woes. This is the 3rd lowest monthly price decrease of all time. We are now forecasting that the majority of the Fraser Valley Market continues to be in a Buyer's Market in the next coming months.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with an Average Price decrease of ($10,062) and ($16,759) 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.

Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

• the Quick Reports for easy review
• the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
• Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!