| Measure | August 2026, as read on 5 September |
|---|---|
| Townhome, 4+ bedrooms | 240 sold (+34%), median $923,000, $499 a sq ft |
| Townhome, 3 bedrooms | 401 sold (−12%), $813,000, $525 a sq ft |
| Townhome, 2 bedrooms | 176 sold (−23%), $706,000, $535 a sq ft |
| Condo, 3 bedrooms | 77 sold (+26%); 1-bedroom condos down 23% |
| Willoughby 4+ townhome median | $931,000 (175 sold); Murrayville $1,010,000 (20) |
The same pattern runs through every home type: three-bedroom condos up 26%, everything smaller down; four-bedroom houses at $502 a foot against $638 for three bedrooms. The family that would have bought a detached house in 2021 is buying the largest townhome instead, and the $900,000 to $1.2 million townhome band is the only band in Langley selling at 100% of list, with 3.2 months of supply.
A seller with a four-bedroom townhome in Willoughby or Murrayville is holding the most wanted floor plan in the township. A buyer wanting one should expect to decide in days. A buyer priced out of that band should look at the two-bedroom townhome and the one-bedroom condo, where supply is loosening and the leverage is.
Cut every Langley sale in the twelve months to August 2026 by bedroom count and one pattern runs through all three home types: buyers bought rooms. Four-bedroom-plus townhomes sold 240, up 34% on the year before, while two-bedroom townhomes fell 23% and three-bedrooms fell 12%. Three-bedroom condos rose 26% while two-bedrooms fell 18% and one-bedrooms fell 23%. Three-bedroom houses rose 10% while four-bedroom-plus houses fell 5%, the one exception, and it is a supply story: the four-bedroom house is the thing Langley has least of under $1.5 million. The market moved up in rooms at every rung it could.
| Home | Sold (vs prior 12 months) | Median sale | $ per sq ft |
|---|---|---|---|
| House, 3 bedrooms | 191 (+10%) | $1,190,000 | $638 |
| House, 4 or more | 632 (−5%) | $1,468,000 | $502 |
| Townhome, 2 bedrooms | 176 (−23%) | $706,000 | $535 |
| Townhome, 3 bedrooms | 401 (−12%) | $813,000 | $525 |
| Townhome, 4 or more | 240 (+34%) | $923,000 | $499 |
| Condo, 1 bedroom | 221 (−23%) | $427,000 | $655 |
| Condo, 2 bedrooms | 517 (−18%) | $553,000 | $611 |
| Condo, 3 bedrooms | 77 (+26%) | $691,000 | $605 |
Each extra bedroom costs less per square foot. A four-bedroom townhome sold at $499 a foot against $535 for a two-bedroom; a four-bedroom house at $502 against $638 for a three-bedroom; a three-bedroom condo at $605 against $655 for a one-bedroom. The reason is size: the extra bedroom comes with extra floor area that the market prices at a discount, the same way a 3,800-square-foot house sold at $434 a foot and an under-2,000 one at $654. A family that needs the fourth room is paying $923,000 at the median for a townhome that gives it to them, and getting more house per dollar than the couple in the two-bedroom at $706,000.
| Neighbourhood | 2 bedrooms | 3 bedrooms | 4 or more |
|---|---|---|---|
| Willoughby | $691,000 (104) | $828,000 (244) | $931,000 (175) |
| Walnut Grove | $813,000 (29) | $798,000 (87) | $933,000 (23) |
| Langley City | $670,000 (21) | $722,000 (34) | $789,000 (18) |
| Murrayville | $771,000 (18) | $831,000 (17) | $1,010,000 (20) |
| Aldergrove | – | $572,000 (18) | – |
| All Langley | $706,000 (176) | $813,000 (401) | $923,000 (240) |
Willoughby is where it is: 175 of the 240 four-bedroom-plus townhome sales, at a median $931,000, on the biggest townhome shelf in Langley (165 for sale, 3.8 months, a median 20 days at 98.6% of ask). Most of the year’s new-build townhomes were there too, 152 sold up 37% at a median 100% of list in 15 days, and the four-bedroom plan is what the builders drew. Walnut Grove sold 23 at $933,000 on 2.6 months of supply, the tightest segment in the township; Murrayville 20 at $1,010,000, the dearest; Langley City 18 at $789,000, the cheapest.
Because the house it replaces costs $545,000 more. The median four-bedroom-plus house in Langley sold at $1,468,000; the median four-bedroom-plus townhome at $923,000. In Willoughby the gap is $1,505,000 against $931,000. For a family at the Langley townhome benchmark of $806,400 the four-bedroom townhome is the reachable family home, and this year the market said so in numbers. It is also the tightest and fastest market on the entire board: 23.3% of townhome listings sold in August, 4.3 months of supply, the only townhome market of the board’s eight areas where sellers set terms, and the $900,000 to $1.2 million band, which is where the four-bedroom sits, sold at a median 100% of list on 3.2 months of supply, down from 5.2 a year ago.
A buyer of a four-bedroom townhome is in the one segment of Langley where the seller holds the cards: financing arranged, a number in mind before the viewing, a decision in days, and no expectation of paying under asking in the $900,000 to $1.2 million band. A seller of a four-bedroom townhome priced at the benchmark is in the strongest position on the board and should price to the last three comparable sales in the complex, not below them. A seller of a two-bedroom townhome is in a different market: sales down 23%, and the buyer who wanted two bedrooms this year bought a three-bedroom condo instead. And what the builders draw next is already decided by this table: the four-bedroom plan cleared at ask, the two-bedroom did not.
A median $923,000 across 240 sales in the twelve months to August 2026: $931,000 in Willoughby (175 sales), $933,000 in Walnut Grove, $1,010,000 in Murrayville, $789,000 in Langley City. Per square foot, $499, cheaper than a two-bedroom at $535.
Faster than anything on the board: 62 sold in August against 266 for sale, 23.3%, on 4.3 months of supply; resale closed at 98.0% of ask in a median 24 days and new builds at 100% in 15.
Because the extra bedroom comes with extra floor area that the market discounts. The same pattern runs through houses ($502 a foot for four bedrooms against $638 for three) and condos ($605 for three bedrooms against $655 for one).
Nothing here is advice on a specific property. The numbers: a four-bedroom townhome sold at a median $923,000 against $1,468,000 for a four-bedroom house, on a tighter shelf (3.9 months against 6.0) that closed closer to ask (98.0% against 96.8%).
Fraser Valley Real Estate Board MLS® August 2026 package, released 2 September 2026; sub-area and twelve-month figures from the board’s database, read 5 September 2026. Benchmarks are the board’s index price, never an average. Analysis: Hamish Ross.
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