Willoughby, Langley - July 2026 Real Estate Report

Willoughby, Langley Real Estate: What Your Neighbours Are Not Telling You

If you own a home in Willoughby and you have not checked your HonestDoor Price lately, you are probably leaving money on the table - or making decisions based on a number that is already out of date. Here is what is actually happening on the ground right now.

The Vibe: Houses vs. Condos in Willoughby

Let us start with houses, because the headline number is a big one. The average sale price this month hit $1,147,500 - that is up 22.9% from last month. Before you get too excited, we are working with 2 sales this month, so that swing reflects a small sample. Still, the predicted market value sits at $1,267,718, which is trending up from the 3-month moving average of $1,256,583. The direction is positive, even if the month-to-month jump is noisy.

• Average HonestDoor Price (Houses): $1,266,390
• Average Sale Price This Month: $1,147,500 (up 22.9% from last month)
• Price Per Square Foot: $456
• Estimated Monthly Rent: $4,781
• Rental Yield: 4.53%
• Transactions in 2026: 74 - ranked No. 1 in Langley for total transactions
• Neighbourhood Growth Rank: 12 out of 17 in Langley
• Price Rank: 13 out of 16 - among the most affordable in Langley

On the condo side, we are seeing a softer picture. The average sale price dipped to $521,750, down 7.7% from last month - again, 2 sales, so read that with some caution. The more reliable signal is the predicted market value of $580,109, which is actually climbing past the 3-month moving average of $572,224. The HonestDoor Price for condos sits at $567,313, down 2.21% recently. Condos here are ranked No. 2 in Langley for average assessed value, which tells us we are not in bargain territory - but the growth rank of 11 out of 16 says the momentum is below average right now.

• Average HonestDoor Price (Condos): $567,313
• Average Sale Price This Month: $521,750 (down 7.7% from last month)
• Price Per Square Foot: $621
• Estimated Monthly Rent: $2,814
• Rental Yield: 3.69%
• Transactions in 2026: 38 - also ranked No. 1 in Langley for total transactions
• Neighbourhood Growth Rank: 11 out of 16 in Langley
• Price Rank: 3 out of 7 - above average in price 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. That number was calculated using data from July 1 of the previous year. By the time it lands in your mailbox, it is already stale. The market does not wait for paperwork.

For houses in Willoughby, the average assessed value is $1,182,780. The HonestDoor Price is $1,266,390. That is a gap of 7.07% - roughly $83,610 sitting between what the government thinks your home is worth and what the real-world market is saying right now. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the assessment alone is like navigating with last year's map.

For condo owners, the story flips. The average assessed value is $590,515, but the HonestDoor Price is $567,313 - that is 3.93% below the assessment. If your condo is assessed high and the real-time data says the market has pulled back, that is useful information before you price a listing or negotiate anything.

With 14,088 houses and 5,103 condos assessed in Willoughby this year, there is a lot of property here. The HonestDoor Price updates continuously. Your assessment does not. That gap is the whole point.

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

Willoughby is taking a breather on growth - house values are down 0.08% recently and neighbourhood growth is off 0.02% year over year. That is not a crash. It is a slow exhale after years of running hard. But here is what matters if you are thinking about listing this summer.

Willoughby ranks No. 1 in Langley for total property transactions - for both houses and condos. That means buyers are still showing up here more than anywhere else in Langley. Demand is not gone. It has just gotten more selective.

Compare us to the neighbours. East Clayton North has a house HonestDoor Price of $3,294,625 and Port Kells sits at $2,915,550. Those are different buyer pools entirely. East Clayton West Extension is the closest comparison at $1,268,941 - almost identical to Willoughby houses - but growing slower at -0.04%. We are in the same lane, and right now we have the transaction volume advantage.

For condo sellers, the picture is more competitive. East Clayton West Extension condos are cheaper at $550,011 and also growing slower. That gives Willoughby condos a slight edge on price positioning, but with a growth rank of 11 out of 16, you want to price sharp and not sit on the market waiting for offers that may not come.

Bottom line - if you are selling a house this summer, the transaction volume is on your side. Price it against the HonestDoor Price, not the assessment, and you will be in the right conversation. If you are selling a condo, the market is softer, so getting the number right from day one matters more than ever. Check your HonestDoor Price at honestdoor.com before you do anything else.

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.