Buyers currently have more choice in Langley's multi-family market, with homes taking longer to sell. In the past 30 days, 3 multi-family properties sold across Langley at an average sold price of $1,076,300. Multi-family properties are selling in an average of 43 days on the market. The absorption rate is 8.8% — meaning 8.8% of active multi-family inventory sells each month. Average multi-family prices in Langley are down 8.3% compared to the 90-day average of $1,174,350. If you're considering buying a multi-family property in Langley, you have more time to negotiate — though well-priced homes still attract attention.
