Langley, Cloverdale Housing Market Trends

 


  Langley, Cloverdale Real Estate Market Reports and  Forecasts    
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Reports 

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 

Sep 1, 2023

gas gauge

Current:  Langley, Cloverdale is in a Seller Market with average listing inventories, 25 %SOLD rate and a 97% Sell/List Ratio.  
                       (This means that there is an average of a  $36,000 decrease on a sale from the original list price )

Most Active Range:  Homes between $1.1 mill.- $1.4 mil. have high 54.0 %SOLD rate and is in a Seller Market
Least Active Range: Homes above $5.5 mill. have 0.0 %SOLD rate.

History: The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $1,920.
               The Langley, Cloverdale Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $95,371.
               *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes

Forecast: Langley, Cloverdale has an average Listing supply; 509 homes are for sale and with the 25 %SOLD monthly rate gives us a 7 months of inventory. 19% of the active listings have reduced their price by $113,909 on average or $67,450 median in the last month. We project Langley, Cloverdale Detached to be a Stable market.

Greater Vancouver August 2023:

In Greater Vancouver, the average prices of single-family detached homes took a dramatic turn in August, dropping by $8,319, a sharp contrast to the previous month's $2,661 increase. This marks the first decline since January. Our analysis suggests a shift toward a more stable real estate market. In this changing landscape with low inventory and the highest interest rates in 21 years, staying informed is crucial for buyers, sellers, and investors. Explore detailed reports for specific cities in Greater Vancouver through the city menu for a deeper understanding.

Currently, both the condominium and townhouse markets are in a state of stability. Condos have seen their average prices decrease by $3,572, while townhouses have faced a drop of $5,795.

Every Saturday at noon, we analyze 97 different city House Price Indices and present the most accurate market trends to you at VancouverMarketReports.com. Please get in touch with us if you'd like a market value update that includes a thorough analysis and forecast for your neighborhood and local market area. - Your Neighborhood.

Fraser Valley August 2023:

In the Fraser Valley, the average prices of single-family detached homes took a significant turn in August, dropping by $9,319, a sharp contrast to the previous month's modest $318 increase. This marks the first decline since February. Our analysis suggests a shift toward a more stable real estate market. In this changing landscape, with low inventory and rising interest rates, staying informed is crucial for buyers, sellers, and industry participants. Explore detailed reports for specific cities in Greater Vancouver through the city menu for a deeper understanding.

Currently, both the condominium and townhouse markets are in a state of stability. Condos have seen their average prices decrease by only $68, while townhouses have faced a drop of $2,071.

Every Saturday at noon, we analyze 97 different cities' House Price Indices and present the MOST ACCURATE Market Trends to you at VancouverMarketReports.com. Please get in touch with us if you'd like a market value update that includes a thorough analysis and forecast for your neighborhood and local market area. - 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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   Langley-Cloverdale's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $1,400,000      

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              你的房屋价值 ,利润, 投资收益率知多少?


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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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