$9,369 Closing Credit*
$789,000
1,195 SqFt
2 Beds
•1 Bath
Sandra Hurtley, Listing Office: COMPASS
Is Langley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Langley was a Seller's Market.
Key Takeaway
Langley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Langley, WA
How much do homes in Langley, WA cost?
Median Sold Price
$780,000
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,000(-1.1%)
Key Takeaway
Homes in Langley have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Langley was $780,000 in October 2024, down 1.1% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $698.5K | $759K | +8.7% |
| 2 Bedrooms | $773.5K | $760K | -1.7% |
| 3 Bedrooms | $786.5K | $830K | +5.5% |
| 4 Bedrooms | $792.5K | $1.5M | +89.3% |
| 5+ Bedrooms | - | $867.5K | N/A |
Summary: Langley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 89.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Whidbey Island | $750K | $745K | -0.7% |
| Langley | $789K | $780K | -1.1% |
Housing Supply in Langley, WA
How many homes are available in Langley, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 36 | -2.7% |
Summary: The Langley real estate market had 36 homes for sale in October 2024, a 2.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Langley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Langley, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Langley in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Langley, WA
How long does it take to sell a home in Langley, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 24 Days | -25.3% |
Summary: Homes in Langley had an average of 24 days on market in Oct 2024, down by 25.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Langley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Langley; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.