Murrayville, Langley - October 2026 Real Estate Report
Murrayville Real Estate Right Now: Prices Are Holding, But the Market Is Sending Signals
If you live in Murrayville and you haven't checked your home's value lately, now is the time. The city's assessment is already out of date. The real numbers are moving, and depending on whether you own a house or a condo, the story is a little different.
The Vibe: Houses vs. Condos
Houses
We're in solid territory here. The average HonestDoor Price for a house in Murrayville sits at $1,501,263 - that's $39,380 above what the city assessed the average home at ($1,461,883). The predicted market value is even higher at $1,533,623, and it's trending up from the 3-month moving average of $1,518,565. That's a good sign for anyone thinking about listing.
Sales have been quiet - 2 houses sold recently, with an average sale price of $1,319,500 and a price per square foot of around $571. Volume is low, but prices aren't falling apart. Think of it as a market catching its breath, not one running for the exits.
- Average HonestDoor Price: $1,501,263
- Average Assessed Value: $1,461,883
- Predicted Market Value: $1,533,623
- Recent Price Change: up 1.57%
- Average Sale Price: $1,319,500
- Price Per Square Foot: $571
- Estimated Monthly Rent: $5,581
- Rental Yield: 4.18%
- Neighbourhood Growth Rank: 5 out of 17 in Langley - above average on the leaderboard
- Price Rank: 8 out of 17 in Langley
On the leaderboard, Murrayville houses rank 5th out of 17 neighbourhoods in Langley for growth. That puts us comfortably in the upper half. Compare that to nearby Blacklock and Uplands, both sitting at -0.08% growth - we're outpacing them. Even Brookswood, which carries a higher average price at $1,611,154, is growing slower than us at -0.03%.
Condos
The condo picture is a bit more cautious. The average HonestDoor Price is $510,762, which is actually 2.71% below the city's assessed value of $524,967. That gap matters - it means the assessment is running hot compared to where the real market is right now. The predicted market value of $520,374 is also slipping below the 3-month moving average of $527,388, and recent price change is down 2.05%.
Only 1 condo sold recently at an average price of $599,990 - so take that sale figure with some context given the low volume. Price per square foot is $607.
- Average HonestDoor Price: $510,762
- Average Assessed Value: $524,967
- Predicted Market Value: $520,374
- Recent Price Change: -2.05%
- Average Sale Price: $599,990
- Price Per Square Foot: $607
- Estimated Monthly Rent: $2,517
- Rental Yield: 3.84%
- Neighbourhood Growth Rank: 9 out of 16 in Langley - below average on the leaderboard
- Price Rank: 3 out of 7 in Langley - above average in price
Condos here rank 9th out of 16 Langley neighbourhoods for growth - just below the midpoint. We're priced above nearby Uplands ($501,633) and Blacklock ($517,729), but the momentum isn't there right now. If you own a condo in Murrayville, this is worth watching closely over the next quarter.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from months ago, based on data that's even older than that. It doesn't know what happened on your street last month. The HonestDoor Price updates in real time, pulling in actual transaction data, current market shifts, and what comparable homes are doing right now.
For house owners in Murrayville, the HonestDoor Price is running $39,380 ahead of the city's number. That's not a rounding error - that's real equity you might be leaving on the table if you price off the assessment alone.
For condo owners, the opposite is true. The HonestDoor Price is coming in below the assessed value. If you're pricing your condo based on what the city says it's worth, you may be setting expectations too high and sitting on the market longer than you need to.
Either way, the assessment is the wrong number to anchor to. The HonestDoor Price is the real-world check.
The So What - What This Means If You're Thinking About Selling This Summer
For house sellers, the timing is reasonable. Values are ticking up, we're ranked above average in the Langley growth leaderboard, and the predicted value is climbing. You're not in a panic market - but you're also not in a runaway seller's market. Price it right, and you'll move it. Price it off the old assessment and hope for the best, and you might be disappointed.
With 26 total property transactions recorded in Murrayville in 2026 across 3,247 assessed properties, this is not a high-turnover neighbourhood. Buyers who want in here are deliberate. Meet them with accurate pricing and you have a real shot at a clean sale this summer.
For condo sellers, be honest with yourself about where the market is sitting. Values have dipped 2.05% recently, and the trend line is pointing down slightly. That doesn't mean don't sell - it means price it based on the HonestDoor Price, not the assessed value, and get ahead of any further softening. Waiting for the market to bounce back is a gamble right now.
Bottom line - Murrayville is a stable, well-ranked neighbourhood in Langley. Houses are in a better position than condos heading into summer. Know your real number before you make any moves.
murrayville | langley | october 2026This 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.