Willoughby, Langley - August 2026 Real Estate Report

Willoughby, Langley Real Estate Check-In: What Your Neighbour's House Is Actually Worth Right Now

The Vibe in Willoughby

If you've been watching the "For Sale" signs in Willoughby lately, here's what's actually happening. The market is taking a breather - values are nudging down slightly - but this neighbourhood is still punching well above its weight in Langley. We had 98 house transactions and 45 condo transactions recorded in 2026, and Willoughby ranks number 1 in Langley for total transactions in both categories. That means more deals are happening here than anywhere else in the city. People are still moving.

Houses: Solid Ground, Slight Softening

Let's talk houses first, because the numbers tell an interesting story for us homeowners here.

• Average HonestDoor Price: $1,264,837
• Average Assessed Value: $1,182,569
• Recent Sale Price Average: $947,500 (down 0.1% from last month)
• Price Per Square Foot: $591
• Properties Sold This Month: 2
• Estimated Monthly Rent: $4,781
• Rental Yield: 4.53%
• Airbnb Estimate: $237 per night (ranked 15th in Langley)
• Neighbourhood Growth: -0.02% year over year
• Growth Rank: 6 out of 17 neighbourhoods - above average in Langley
• Price Rank: 14 out of 16 - among the most affordable in Langley

The 3-month moving average for house values sits at $1,267,570, and the current predicted value of $1,266,421 is just slightly below that. We're not in freefall - this is a slow, controlled dip. The bigger picture? Willoughby houses are still affordable compared to most of Langley, and we're holding a top-6 growth position on the neighbourhood leaderboard. That's a decent place to be.

For context, neighbours in East Clayton North are sitting on HonestDoor Prices around $3,323,227, and Port Kells is at $2,938,670. Willoughby is the entry point into this part of the market - and that affordability is exactly what keeps buyer demand alive here.

Condos: A Bit More Turbulence, But Still Competitive

Condos in Willoughby are a different conversation right now, and we should be honest about it.

• Average HonestDoor Price: $560,255
• Average Assessed Value: $590,515
• Recent Sale Price Average: $589,500 (up 8.8% from last month)
• Price Per Square Foot: $656
• Properties Sold This Month: 3
• Estimated Monthly Rent: $2,733
• Rental Yield: 3.72%
• Airbnb Estimate: $136 per night (ranked 8th in Langley)
• Neighbourhood Growth: -0.03% year over year
• Growth Rank: 4 out of 16 neighbourhoods - above average in Langley
• Price Rank: 2 out of 7 - above average in price in Langley

Here's the thing to watch: the HonestDoor Price of $560,255 is actually 5.12% below the assessed value of $590,515. That gap matters. It means the real-world market is pricing condos here below what the city's assessment says they're worth. The 3-month moving average is $574,976, and the current predicted value of $567,326 is trending below that. Values have shifted -2.20% recently. That said, condo sale prices jumped 8.8% last month - so individual deals are still closing strong. It's a mixed signal, and worth watching closely.

On the leaderboard, Willoughby condos rank 4th out of 16 for growth in Langley. That's a top-quartile position. And compared to nearby East Clayton North condos at $493,200, we're still coming out ahead on value.

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

Here's something most Willoughby homeowners don't realize. Your BC Assessment number is 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 - sometimes a lot.

For houses in Willoughby, the HonestDoor Price of $1,264,837 is 6.96% higher than the average assessed value. That's roughly $82,000 in value that your tax assessment is simply not capturing. If you're making any financial decision - refinancing, selling, or just figuring out your net worth - using the assessed value alone means you're working with incomplete information.

The HonestDoor Price updates in real time using actual transaction data from this neighbourhood. It's the real-world check against a number the government calculated over a year ago. For condos, the story flips - the HonestDoor Price is running below assessment, which is equally important to know before you price a listing or make an offer.

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

If selling is on your radar this summer, here's the straight talk for Willoughby.

For house sellers, you have a real advantage. Willoughby ranks number 1 in Langley for transaction volume - buyers are active here. Your HonestDoor Price is sitting nearly $82,000 above your assessed value, which means there's room to price confidently. Growth is softening slightly, but at rank 6 out of 17 neighbourhoods, we're still outperforming most of Langley. Listing sooner rather than later makes sense while that gap between assessed value and real market value is working in your favour.

For condo sellers, the picture calls for a sharper strategy. The HonestDoor Price is below assessment, and values have dipped 2.20% recently. But - and this is important - sale prices jumped 8.8% last month, and Willoughby still ranks 4th in Langley for condo growth. The buyers are here. Pricing to the current HonestDoor Price rather than the assessed value will keep your listing competitive and avoid sitting on the market.

Bottom line: Willoughby is not a neighbourhood in trouble. It's a neighbourhood taking a breath. The transaction volume alone tells us demand is real. Use your HonestDoor Price as your starting point, not a number from last July.

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.