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Langley Real Estate: Inventory Squeeze Meets Family Demand

Langley's housing market is tightening in ways that matter. May 2026 data shows detached home sales rose from 74 to 89 year-over-year, while new listings fell across every property type—detached down from 235 to 220, townhomes from 222 to 160, and condos from 224 to 161. Translation: fewer homes are hitting the market just as buyer activity rebounds. With 1,513 active listings township-wide and an average sale price of $1,017,257, Langley is behaving like a selective balanced market where well-priced family homes, newer townhomes, and detached properties with rental suites are moving quickly.

The Supply Crunch Is Real

The headline story in Langley real estate right now isn't price—it's inventory. New listings dropped by double digits in every category over the past few months, and that's creating competition for the right product. Townhomes and condos saw the steepest declines in fresh supply, yet townhome sales held steady at 75 units in May (matching last year), and condo sales dipped only slightly from 87 to 83. When demand stays constant but supply shrinks, you get quicker sales and firmer pricing—especially for family-friendly layouts, side-by-side garages, and homes under $1.6 million with legal suites.

Where Buyers Are Looking in Langley

Each pocket of Langley is responding differently to this tighter supply environment:

• Willoughby Heights: The growth engine for new townhome developments. If you're a family looking for modern strata housing with commuter access, this is where inventory is still being built—but even here, new listings are down and well-priced units are moving fast.
• Fort Langley: Heritage charm and premium detached homes anchor this market. Pricing hovers around $1,037,700 (down 7.7% year-over-year on some metrics), but supply remains limited. Expect character homes on larger lots and acreage-style appeal.
• Walnut Grove: A family-suburb staple benefiting from the same townhome and detached tightening seen across Langley. Good schools, established community, and a mix of housing types make this a perennial favorite.
• Murrayville: Tracks the broader detached-home market—steady demand, reduced inventory, and firmer pricing on move-up family homes.
• Brookswood: Larger lots and detached homes dominate. With fewer new listings, buyers looking for space and quiet are finding limited fresh choice, which is keeping pricing stable.

What's Selling Fastest Right Now

March and February data confirm the pattern: homes with rental suites under $1.6 million and larger townhomes with side-by-side garages are the hottest product. Newer condos in well-located buildings are also outperforming the broader condo market. If you're selling, these features matter. If you're buying, expect competition—and move decisively when you find the right fit.

Bottom Line for Buyers and Sellers

For buyers: Langley offers better value than many Lower Mainland markets, but you're not shopping in a buyer's market anymore. Detached homes are selling faster, townhome inventory is tight, and the best family-friendly properties are attracting multiple showings. Get pre-approved, work with an agent who knows Willoughby Heights from Fort Langley, and be ready to act when the right home comes up.

For sellers: If you've been waiting for the "perfect" moment, this is a strong window. Reduced competition from other sellers, steady buyer demand, and faster absorption rates for well-priced homes mean you can list with confidence—if your pricing and presentation are sharp.

Whether you're drawn to the vineyard country feel of rural Langley, the new-build energy of Willoughby Heights, or the heritage streets of Fort Langley, the current market rewards preparation and local insight. I serve Langley homes from my White Rock base, and I'm here to help you read the data, time your move, and get the outcome you want.