Murrayville, Langley - August 2026 Real Estate Report

Murrayville Real Estate Right Now: Solid Ground, But Watch the Numbers

If you live in Murrayville and you haven't checked your property value lately, here's the honest truth - your city assessment is already out of date, and the gap between what the government says your home is worth and what the market actually says might surprise you.

The Vibe: What's Happening With Houses and Condos Right Now

Let's break it down for us locals, because houses and condos are telling two different stories right now.

Houses

If you've been watching the "For Sale" signs in Murrayville, here's what's actually happening with detached homes. The average HonestDoor Price sits at $1,509,866 - that's already $47,983 above the average city assessment of $1,461,883. The market is nudging slightly ahead of what the government has on file.

• Average HonestDoor Price: $1,509,866
• Average assessed value: $1,461,883
• HonestDoor Price is 3.28% above the assessment
• Predicted market value: $1,512,206 - trending up from the 3-month average of $1,508,952
• Recent price change: -0.52%
• Average sale price (2026): $1,104,250
• Price per square foot: $571
• Properties sold recently: 2
• Estimated monthly rent: $5,525
• Rental yield: 4.19%
• Airbnb estimate: $274 per night
• Growth rank: 10 out of 17 neighbourhoods in Langley - sitting in the below-average tier on the leaderboard
• Price rank: 8 out of 16 - above average for home values in Langley

We're not in a runaway market right now. Values dipped 0.52% recently and neighbourhood growth is down 0.02% year over year. Think of it as the market taking a breather. But the predicted value is still creeping upward month over month, which matters if you're thinking about timing a sale.

On the leaderboard, Murrayville houses rank 2nd in Langley for total transactions and 7th for average assessed value. That transaction rank is a big deal - it means buyers are still active here compared to most other Langley neighbourhoods.

Condos

Here's where Murrayville actually punches above its weight. Our condo market is a quiet overachiever right now.

• Average HonestDoor Price: $531,247
• Average assessed value: $524,967
• HonestDoor Price is 1.20% above the assessment
• Predicted market value: $530,543
• 3-month moving average: $535,783 - the predicted value is dipping slightly below this
• Recent price change: -1.94%
• Average sale price (2026): $512,500
• Price per square foot: $549
• Properties sold recently: 2
• Estimated monthly rent: $2,565
• Rental yield: 3.82%
• Airbnb estimate: $125 per night
• Growth rank: 3 out of 16 neighbourhoods in Langley - top performers on the leaderboard
• Price rank: 3 out of 7 - above average for condo prices in Langley

Yes, condo values have pulled back 1.94% recently, and the predicted value is sitting just below the 3-month average. But a growth rank of 3rd out of 16 Langley neighbourhoods is genuinely strong. Most people don't think of Murrayville as a condo hotspot - but the data says we're near the top of the pack. Nearby Blacklock condos are averaging $499,514 and Uplands are at $512,333. We're ahead of both.

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

Here's the thing about your BC Assessment notice - it's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it's already old news. The market has moved on.

The HonestDoor Price is the real-world check. It pulls in current sales data, market trends, and what comparable homes are actually trading for right now - not what a government formula calculated eight months ago.

For Murrayville house owners, that difference is $47,983. For condo owners, it's $6,280. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - you want the number that reflects today, not last summer.

With 3,247 houses and 964 condos assessed in Murrayville this year, there's a deep pool of data behind these estimates. That's not a guess - that's a pattern.

The "So What?" - Thinking About Selling This Summer?

Straight talk for anyone considering listing this summer.

For house sellers - you're in a market that's holding value better than it's growing right now. The predicted value of $1,512,206 is ticking upward from last month, but the recent -0.52% dip and a growth rank of 10th out of 17 means you're not in a "wait and it'll keep climbing" situation. If your life circumstances line up, this summer is a reasonable window. Murrayville ranks 2nd in Langley for transaction volume - buyers are showing up here.

For condo sellers - the short-term price movement is softer, down 1.94% recently. But your growth rank of 3rd in Langley tells a longer story. Murrayville condos are holding relative value better than most of the competition. If you're priced right, you're in a stronger position than the headline number suggests.

For both - check your HonestDoor Price before you have any conversation with an agent. Walk into that meeting knowing the real number, not the assessed one. It's the difference between leaving money on the table and knowing exactly where you stand.

• Murrayville house transactions rank: 2nd in Langley
• Murrayville condo growth rank: 3rd in Langley
• Total 2026 transactions across all property types: 19 houses, 4 condos
• Rental income potential (houses): $5,525 per month
• Rental income potential (condos): $2,565 per month

Bottom line - Murrayville isn't the flashiest market in the Fraser Valley right now, but it's steady, it's active, and if you know your real numbers, you're already ahead of most sellers. Start with your HonestDoor Price.

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.