Murrayville, Langley - September 2026 Real Estate Report

Murrayville Real Estate Check-In: Your Home Is Worth More Than the City Thinks

If you have been glancing at your property tax notice and wondering if it actually reflects what your home is worth right now, the short answer is: probably not. Here is what is really going on in Murrayville.

The Vibe: What the Market Is Doing Right Now

Murrayville is a steady, established corner of Langley - not flashy, not crashing, just quietly holding its ground. We saw 23 property transactions recorded in 2026 across 3,247 assessed properties. That is not a flood of activity, but it is consistent. The neighbourhood growth rate dipped a hair - down 0.02% year over year - so we are taking a slight breather, but nothing alarming.

Houses: The Real Numbers

If you own a house in Murrayville, here is the honest picture. The city assessed the average home at $1,461,883. But the HonestDoor Price - which updates in real time instead of once a year - puts that same average house at $1,533,623. That is a gap of nearly $72,000. The HonestDoor Price is also up 1.57% from the previous period, which means momentum is still positive, even if modest.

• Average Assessed Value: $1,461,883
• Average HonestDoor Price: $1,533,623 (up 1.57%)
• HonestDoor Price vs. Assessment: 4.91% higher
• Average Sale Price (recent): $983,750
• Price Per Square Foot: $559
• Predicted Market Value: $1,509,866
• 3-Month Moving Average: $1,514,054 (slight dip of -0.15%)
• Estimated Monthly Rent: $5,521
• Rental Yield: 4.20%
• Airbnb Potential: $274 per night
• Neighbourhood Growth Rank: 10 out of 17 in Langley
• Price Rank: 11 out of 17 in Langley

On the neighbourhood leaderboard, houses here sit at 10th out of 17 for growth and 11th for price - below average by the numbers. But context matters. Look at our neighbours: Blacklock is cheaper and growing slower. Uplands is cheaper and growing slower. Even Brookswood, which edges us out on price at $1,649,989, is also growing slower. Murrayville is holding its own in a tough crowd.

Condos: A Tighter Story

The condo side of Murrayville is a smaller market - only 4 transactions in 2026 - so every sale moves the needle. Here, the HonestDoor Price is actually running slightly below the city assessment, which is worth paying attention to if you are a condo owner thinking about listing.

• Average Assessed Value: $524,967
• Average HonestDoor Price: $520,374 (down 2.05%)
• HonestDoor Price vs. Assessment: 0.87% lower
• Average Sale Price (recent): $512,500
• Price Per Square Foot: $549
• Predicted Market Value: $531,247
• 3-Month Moving Average: $534,276 (slight softening)
• Estimated Monthly Rent: $2,524
• Rental Yield: 3.83%
• Airbnb Potential: $125 per night
• Neighbourhood Growth Rank: 12 out of 16 in Langley
• Price Rank: 4 out of 7 in Langley

On the condo leaderboard, we are sitting 12th out of 16 for growth - below average. Price rank is 4th out of 7, also below average. The silver lining: our predicted condo value of $531,247 still beats nearby Uplands ($523,667) and Blacklock ($519,436). So while the trend is softening, we are not the cheapest option on the block.

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

Here is the thing about BC property assessments - they are a snapshot from July 1st of the previous year. By the time that notice hits your mailbox, the data is already stale. The HonestDoor Price pulls from real-time sales activity and current market signals, which means it reflects what a buyer would actually pay today - not what a government algorithm calculated eight months ago.

For house owners in Murrayville, that difference is nearly $72,000 in your favour right now. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the assessment number alone is leaving real information on the table. Pull your HonestDoor Price first. It is the real-world check your assessment was never designed to be.

For condo owners, the story flips slightly. The HonestDoor Price is running just under the assessed value, which is a signal worth watching. It does not mean panic - but it does mean pricing your unit based on the assessment alone could set expectations a little too high heading into a negotiation.

The So What: Thinking About Selling This Summer?

If you own a house in Murrayville and have been on the fence about listing, the window is open - but it is not wide open. Values are holding above assessment, the HonestDoor Price is still up 1.57%, and rental demand is strong at $5,521 per month estimated. That gives you leverage. But the 3-month moving average is dipping slightly, so waiting another season to see if prices climb back up is a bit of a gamble.

If you own a condo, be realistic with your pricing. The HonestDoor Price is down 2.05% and sitting below the assessed value. Buyers in this segment are doing their homework. Come in priced to the current market, not the number on your tax notice, and you will have a much smoother experience.

Bottom line for all of us in Murrayville: this is not a market that rewards wishful thinking. Know your real number, price it right, and move with confidence. That is how you win in a market that is taking a breather.

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.