Langford Townhome Market Stats — Sold Prices & Trends

trend explorer

How the market moved

interactive 24-mo series

market state

The current Langford snapshot

townhome

price

Sale-to-assessed: 101.4%
no change 1Y
n = 150 sales · Sep '25–Aug '26
Median price: $750K
+1.3% 1Y
n = 216 sales · Sep '25–Aug '26
Average price: $763K
+0.8% 1Y
n = 216 sales · Sep '25–Aug '26
Price per sq ft: $474/sqft
−2.6% 1Y
n = 216 sales · Sep '25–Aug '26

demand side

Sales · period: 216
−5.7% 1Y
Sep '25–Aug '26
Median days on market: 34days
+20.7% 1Y
n = 216 sales · Sep '25–Aug '26
Sale-to-list ratio: 99.2%
+0.4 pts 1Y
n = 216 sales · Sep '25–Aug '26
Over-asking rate: 12.5%
−0.7 pts 1Y
n = 216 sales · Sep '25–Aug '26
27 of 216 sales
median +$26.4k over asking

supply side

Active listings · now: 122
+32.6% 1Y
Sep '25–Aug '26
New listings: 495
+6.9% 1Y
Sep '25–Aug '26
Months of inventory: 6.1mo
+1.9% 1Y
n = 60 sales · Sep '25–Aug '26
Price reductions: 13.2%
−4.6 pts 1Y
Sep '25–Aug '26

Repliers MLS · BC Assessment · 8X derived · pooled over September 2025 – August 2026 · figures below 10 sales carry no percentage change

by municipality

Across the region

13 municipalities median townhome

Oak Bay$1.34Mthin sample · 9 sales North Saanich$998Kthin sample · 3 sales Saanich$890K+3.2%Sidney$835K-8.4%Victoria$805K+10.1%Esquimalt$800Kthin sample · 9 sales Central Saanich$795Kthin sample · 9 sales Langford$757K+3.3%Colwood$755K+1.1%View Royal$728K-13.0%Sooke$590Kthin sample · 7 sales Metchosin—no sales in window Highlands—no sales in window

median townhome · pooled 3 months · Jun 2026 – Aug 2026 · change vs prior 3 months · 5 areas below 10 sales shown without a trend · 2 with no sales in the window

macro context

The backdrop

always at native resolution

5-yr posted mortgageCanada: 6.09%
unch WoW
BoC Valet · 2026-09
5-yr GoC bond yieldCanada: 3.63%
+21 bp WoW
BoC Valet · 2026-09
BC CPI · YoYBritish Columbia: 2.9%
YoY · 2026-07
StatCan 18-10-0004 · 2026-07
Victoria unemploymentVictoria CMA: 5.3%
+0.3 pts MoM
StatCan LFS 14-10-0459 · 2026-08
Net non-perm. residentsVictoria CMA: −1,222
2024
StatCan 17-10-0014 · 2024-01
Victoria CMA populationVictoria CMA: 445.1K
+0.7% YoY
StatCan 17-10-0148 · 2025-07

mortgage money

What borrowing costs

BC · 5-yr term weekly capture · not live

Posted vs street · what buyers actually payBritish Columbia

4.04%

street 5-yr fixed · Coast Capital

−2.05 pts vs posted

6.09%

BoC posted · administered

The posted rate is an administered benchmark — it prices penalties and stress tests, not mortgages. Real 5-yr fixed money is ~2.0 points cheaper.

5-yr fixed · best of 7 lenders

Less than 20% down· insured

4.04%

best today · Coast Capital

20% or more down· uninsured

4.44%

best today · Coast Capital

5-yr variable · best of 7 lenders

Less than 20% down· insured

3.70%

best today · First National

20% or more down· uninsured

3.94%

best today · Coast Capital

victoria lens · The typical detached purchase here — $1M+ with 20% down — prices in the 20% or more down(uninsured) column, and $1M+ files can’t be bulk-insured, so a real quote can land a touch above it. A sub-$1M condo with 20% down can price a touch below it.

Who quotes what · by lender7 of 10 tracked lenders quote BC today

5-year mortgage rate quotes by lender, British Columbia, captured Sep 6, 2026. Lowest quote per column is marked.
lender	under 20%	20%+	under 20%	20%+
	5-yr fixed		5-yr variable
Coast Capital	4.04 (lowest)	4.44 (lowest)	3.79	3.94 (lowest)
CIBC	4.59	4.94	3.95	4.10
First National	4.64	4.69	3.70 (lowest)	3.95
Vancity	4.69	4.69	3.95	3.95
BMO	4.74	4.84	4.10	4.10
TD	4.84	4.84	4.24	4.24
RBC	4.89	4.89	3.95	3.95

5-yr fixed with under 20% down runs 4.04 (Coast Capital) to 4.89 (RBC) — 85 bp between banks on the same borrower.

Green = lowest in column. Tracked lenders without a published BC quote today are not shown.

Weekly track · 20%+ down · 5-yrfixedvariable

4.443.94

Rates via WOWA.ca · advertised rates from lenders 8X clients can be placed with · captured Sep 6, 2026

Supply pipeline

From registration to completion

sequential stages · Langford

Registrations

no data feed

—

BC Housing new-home registrations — no machine-readable feed

Permits

BC Stats · CMA

984 /12 mo

units over the trailing 12 months (flow)

Starts

CMHC SCSS · muni

91 /mo

units in the month (flow), July 2026

Under construction

CMHC SCSS · muni

2,214 standing

units standing (stock), July 2026

Completions

CMHC SCSS · muni

283 /mo

units in the month (flow), July 2026

Stage vintages differ from the MLS figures above and from each other — each stage carries its own as-of date. Source bundle refreshed 12 Sep 2026.

rental market

What it rents for

Victoria CMA asking rents

No rental data yet

Asking rents and vacancy for the Victoria CMA will land here once the feed is wired. Nothing is estimated in the meantime.

Full methodology & metric definitions

common questions

What buyers & sellers ask about the Langford market

Answers update with the market · data as of Aug 2026

Is Langford a buyer's or seller's market?

As of the latest data, Langford is a balanced market. There are about 6.1 months of inventory — 4 to 7 months is considered balanced. Around 12.5% of townhomes sold above asking, and the typical sale closed at 99.2% of list price.

How much does a townhome cost in Langford?

The median sold price for a townhome in Langford is $750K, up 1.3% from a year ago. The average sold price is $763K. That works out to roughly $474 per square foot.

Are townhomes in Langford selling over asking?

12.5% of townhomes that sold in Langford closed above their list price. The typical home sold at 99.2% of asking — just under list. Among the homes that sold over asking, the median premium was +$26.4k over asking.

How long do townhomes take to sell in Langford?

Half of the townhomes that sold in Langford went under contract within about 34 days — the median days on market. A longer time on market gives buyers more negotiating room.

Are home prices going up or down in Langford?

Median sold prices in Langford are up 1.3% year over year, at $750K. Currently 13.2% of active listings have cut their asking price at least once, a sign of steady pricing pressure.

Is now a good time to buy or sell in Langford?

It depends which side you are on. With about 6.1 months of inventory, Langford is roughly balanced between buyers and sellers. Conditions are even-handed: townhomes take about 34 days to sell, so both sides have room to negotiate on price and terms.

What is the best time of year to sell a home in Langford?

Across the past two years, sales activity in Langford has been strongest in July and quietest in December. In Greater Victoria the spring market — roughly March through June — is typically the busiest selling season, when buyer demand and prices tend to peak, with activity easing over the winter.

How many townhomes are for sale in Langford?

As of the latest data there are 122 active townhome listings in Langford. Over the period, 495 new listings came to market and 216 sold, which is about 6.1 months of inventory at the current sales pace.

Do townhomes in Langford sell for more than their assessed value?

The typical home in Langford sold at 101.4% of its BC-assessed value — about 1% above its BC Assessment. Assessments are set once a year and lag the market, so a ratio above 100% is common when prices are rising.

Directional market benchmarks from Repliers MLS, BC Assessment & VREB — not an appraisal or personalized advice.

5-year mortgage rate quotes by lender, British Columbia, captured Sep 6, 2026. Lowest quote per column is marked.
	5-yr fixed	5-yr variable
Coast Capital	4.04 (lowest)	4.44 (lowest)	3.79	3.94 (lowest)
CIBC	4.59	4.94	3.95	4.10
First National	4.64	4.69	3.70 (lowest)	3.95
Vancity	4.69	4.69	3.95	3.95
BMO	4.74	4.84	4.10	4.10
TD	4.84	4.84	4.24	4.24
RBC	4.89	4.89	3.95	3.95

5-yr fixed

5-yr variable

lender

under 20%

20%+

under 20%

20%+

Coast Capital

4.04

4.44

3.79

3.94

CIBC

4.59

4.94

3.95

4.10

First National

4.64

4.69

3.70

3.95

Vancity

4.69

3.95

BMO

4.74

4.84

4.10

4.84

4.24

RBC

4.89

3.95

Langford townhome market — prices, sold data & trends

How the market moved

The current Langford snapshot

price

demand side

supply side

Across the region

The backdrop

What borrowing costs

From registration to completion

What it rents for

What buyers & sellers ask about the Langford market

Langford townhome market — prices, sold data & trends

How the market moved

The current Langford snapshot

price

demand side

supply side

Across the region

The backdrop

What borrowing costs

From registration to completion

What it rents for

What buyers & sellers ask about the Langford market

How the market moved

The current Langford snapshot

price

demand side

supply side

Across the region

The backdrop

What borrowing costs

From registration to completion

What it rents for

Methodology — sources and resolution contract

What buyers & sellers ask about the Langford market

How the market moved

The current Langford snapshot

price

demand side

supply side

Across the region

The backdrop

What borrowing costs

From registration to completion

What it rents for

Methodology — sources and resolution contract

What buyers & sellers ask about the Langford market