Langford Proper house market — prices, sold data & trends

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

As of the latest data, Langford Proper is a buyer's market. There are about 13.0 months of inventory — over 7 months gives buyers the upper hand. Around 22.2% of houses sold above asking, and the typical sale closed at 97.2% of list price.

How much does a house cost in Langford Proper?

The median sold price for a house in the Langford Proper neighbourhood is $940K. The average sold price is $879K. That works out to roughly $472 per square foot.

Are houses in Langford Proper selling over asking?

22.2% of houses that sold in the Langford Proper neighbourhood closed above their list price. The typical home sold at 97.2% of asking — just under list. Among the homes that sold over asking, the median premium was +$27k over asking.

How long do houses take to sell in Langford Proper?

Half of the houses that sold in the Langford Proper neighbourhood went under contract within about 28 days — the median days on market. That is a moderate pace.

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

It depends which side you are on. With about 13.0 months of inventory, the Langford Proper neighbourhood favours buyers. Buyers have more choice and negotiating room, with houses taking around 28 days to sell — sellers need to price sharply to stand out.

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

Across the past two years, sales activity in the Langford Proper neighbourhood has been strongest in June and quietest in November. 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 houses are for sale in Langford Proper?

As of the latest data there are 13 active house listings in the Langford Proper neighbourhood. Over the period, 29 new listings came to market and 8 sold, which is about 13.0 months of inventory at the current sales pace.

Do houses in Langford Proper sell for more than their assessed value?

The typical home in the Langford Proper neighbourhood sold at 105.9% of its BC-assessed value — about 6% 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.