Property prices for sale in Langley (British Columbia)
The prices in real estate in Langley, in the British Columbia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Langley has fallen in the last 6 months. In October, the average price per sq.feet was $638. In November this price pretty much remained the same at a value of $652 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $645 to $619.5 per sq.feet. The price per sq.feet has decreased 86 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $632.25 to $546 during February, and March.
Based upon to the price in Langley (cities), this has gone up considerably in the last 6 months. The price in October is $1,319,824, rising in November till $1,511,768. During the following two months (December, January) the average price had a considerable increase of 156 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 182 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,483,627 they are 85 % more affordable than the average price for Langley. The properties with the lowest average price have 4 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,347,973.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $685 / sq.feet, with an average $519 / sq.feet price in Langley. The properties with the highest average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $711 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,483,627 it is 81 % cheaper than the average price in Langley. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $736,547 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $391 / sq.feet followed by "House" priced at $519 / sq.feet. "Condo" is the most costly type of property with a $694 / sq.feet cost followed by "House" with an average price of $519 / sq.feet.
