HonestDoor

    Forest Knolls, Langley - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Langley, Forest Knolls

    Forest Knolls Is Still Langley's Priciest Street - But the Market Is Catching Its Breath

    If you own a home in Forest Knolls, you are sitting on some of the most valuable real estate in all of Langley. That is not hype - that is the data. But right now, the market is taking a breather, and knowing exactly where you stand could be the difference between a great sale and a missed opportunity.

    The Vibe: What Is Actually Happening With Houses and Condos

    Houses

    We are in premium territory here. The average sale price for a house in Forest Knolls sits at $3,400,000, with a price per square foot around $1,410. That is not a typo. This neighbourhood ranks 1 out of 16 for price in Langley - meaning we are at the very top of the leaderboard when it comes to what homes are worth.

    The honest picture, though, is that values are nudging down slightly. The predicted market value for houses is $2,275,802, which is a step below the 3-month moving average of $2,286,365. Property values have shifted by -0.49% recently. On the neighbourhood growth leaderboard, Forest Knolls houses rank 9 out of 17 - right in the middle of the pack, and technically in below-average territory for Langley. Only 1 property sold in 2026 so far, so the sales volume is thin.

    • Average sale price: $3,400,000
    • Price per square foot: $1,410
    • Predicted market value: $2,275,802
    • 3-month moving average: $2,286,365
    • Recent value change: -0.49%
    • Estimated monthly rent: $7,246
    • Rental yield: 3.89%
    • Growth rank: 9 out of 17 in Langley
    • Price rank: 1 out of 16 in Langley

    For context, nearby Glen Valley has a HonestDoor Price of $2,198,370 and is growing faster. Fort Langley is cheaper at $2,030,431 but also growing faster. We are the most expensive address in the area - but right now, some neighbours are gaining ground on us.

    Condos

    The condo side of Forest Knolls is a different story. The HonestDoor Price for condos is $722,955, up 0.49% from the previous period. But the predicted value has slipped to $719,452, below the 3-month moving average of $727,559. The recent value change is -3.92%, which is a number worth paying attention to.

    On the growth leaderboard, Forest Knolls condos rank 12 out of 16 in Langley - that puts us in below-average territory for condo growth right now. Nearby Fort Langley condos are sitting higher at $806,860 predicted value, while Milner comes in lower at $604,169.

    • Average HonestDoor Price: $722,955
    • Predicted market value: $719,452
    • 3-month moving average: $727,559
    • Recent value change: -3.92%
    • Estimated monthly rent: $3,338
    • Rental yield: 3.43%
    • Airbnb rank in Langley: 2nd
    • Growth rank: 12 out of 16 in Langley

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Here is the thing about your BC Assessment notice. It is a snapshot from July 1 of last year. The market has moved since then - sometimes up, sometimes down. In Forest Knolls, the average assessed value for houses is $2,192,840. The average HonestDoor Price is $2,300,272. That is a gap of nearly $108,000, and the HonestDoor Price is 4.90% higher than what the government has on file.

    That gap is your real-world check. The HonestDoor Price updates in real time using current sales data, market trends, and neighbourhood signals - not a number locked in from months ago. If you are making any financial decision based on your tax assessment alone, you are working with an outdated map.

    The HonestDoor Price for houses has also increased 1.39% from the previous period. That means even in a market that is taking a breather, the real-time picture is still ahead of where the government thinks you are.

    The So What - Should You Sell in Forest Knolls This Summer?

    If you are a homeowner thinking about listing this summer, here is the straight talk. You are in Langley's most expensive neighbourhood by price rank - that is a real advantage. Buyers looking at the top end of the Langley market will land on Forest Knolls first.

    But the market is not accelerating right now. Values are drifting slightly lower compared to the 3-month trend, and sales volume is thin - just 1 transaction in 2026 so far. That means fewer comparable sales to anchor your price, which cuts both ways. A well-priced home could stand out. An overpriced one will sit.

    The rental numbers are strong if you are not in a rush to sell. At $7,246 per month estimated rent and a 3.89% yield, holding the property is a real option. And if short-term rentals are on your radar, Forest Knolls ranks 1st in Langley for Airbnb potential on the house side.

    Bottom line - check your HonestDoor Price before you do anything else. It is the most current read on what your home is actually worth today, not what the city decided it was worth last summer. In a market this thin on sales, knowing your real number is not optional. It is the whole game.

    forest knolls | langley | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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