Willoughby, Langley - October 2026 Real Estate Report
Willoughby, Langley Real Talk: The Market Is Holding Its Ground - But You Need to Know the Numbers
If you live in Willoughby and you have not checked your HonestDoor Price lately, now is the time. Your city assessment is already out of date. The real story is more nuanced - and for most homeowners here, it is actually pretty encouraging.
The Vibe: What Is Actually Happening in Willoughby Right Now
Let us break it down by property type, because houses and condos are telling two different stories this month.
Houses: Strong Fundamentals, Thin Sales Volume
Here is the honest picture for houses in Willoughby. Only 2 homes sold this month, so take the average sale price of $834,000 with a grain of salt - that number is down 17.1% from last month, but with 2 sales, one outlier can swing the whole average. It does not mean the sky is falling.
What matters more is the bigger picture. The HonestDoor Price for houses sits at $1,239,125, and the predicted market value is $1,287,577 - which is actually creeping up from the 3-month moving average of $1,272,782. That upward trend is the signal worth watching.
- Average HonestDoor Price (Houses): $1,239,125
- Predicted Market Value: $1,287,577 - trending up from 3-month average
- Average Sale Price This Month: $834,000 (based on 2 sales - low volume alert)
- Price Per Square Foot: $644
- Estimated Monthly Rent: $4,845 with a rental yield of 4.50%
- Recent Value Change: up 1.82%
- Neighbourhood Growth Rank: 3 out of 17 in Langley - top tier
- Total Transaction Rank in Langley: 1st - we are the busiest neighbourhood
That growth rank is the stat we love to see. Third out of 17 neighbourhoods in Langley puts Willoughby houses firmly on the leaderboard. We are not leading on price - house price ranks 13th out of 17 - but we are punching above our weight on momentum. That is a buyer magnet.
Condos: Steady as She Goes
The condo market in Willoughby is doing something a lot of owners actually want right now - it is staying stable. Five condos sold this month at an average of $536,500, essentially flat from last month. No dramatic swings. No panic. Just a quiet, consistent market.
- Average HonestDoor Price (Condos): $552,483
- Predicted Market Value: $557,790
- 3-Month Moving Average: $561,790 - values are easing slightly
- Average Sale Price This Month: $536,500
- Price Per Square Foot: $602
- Estimated Monthly Rent: $2,723 with a rental yield of 3.74%
- Recent Value Change: -0.44%
- Growth Rank: 3 out of 16 in Langley - still top tier
- Assessed Value Rank in Langley: 2nd out of comparable neighbourhoods
The slight dip in predicted value is worth noting - condos here are taking a small breather. But ranking 3rd out of 16 for growth still puts Willoughby condos ahead of most of the competition in Langley. And at $552,483 average HonestDoor Price, we are beating out nearby East Clayton North condos at $506,200.
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now
Here is something most Willoughby homeowners do not realize. The city's assessed value for houses here is $1,182,546. The HonestDoor Price is $1,239,125. That is a $56,579 gap - and the HonestDoor Price is the one that reflects what is actually happening in the market today, not what a government snapshot said months ago.
For condos, the gap flips the other way. The assessed value is $590,515, but the HonestDoor Price is $552,483 - meaning the city assessment is running 6.44% higher than real-world market conditions. If you are a condo owner using your assessment to gauge your wealth or make financial decisions, you may be working with an inflated number.
The HonestDoor Price updates in real time. Your BC Assessment does not. That difference matters when you are refinancing, listing, or just trying to know where you actually stand.
The So What: Should You Sell in Willoughby This Summer?
If you own a house in Willoughby and you have been sitting on the fence, the data leans toward acting sooner rather than later. Here is why.
Willoughby ranks 1st in Langley for total transactions - 147 sales recorded in 2026 across all property types. Buyers are active here. The predicted market value for houses is trending upward. And with a growth rank of 3rd out of 17 neighbourhoods, demand is not disappearing.
The HonestDoor Price has dipped 3.76% from the previous period, so we are not in a runaway seller's market. But with 14,086 properties assessed this year and strong transaction volume, Willoughby has the liquidity that a lot of smaller neighbourhoods simply do not have. More buyers means more competition for your listing.
For condo owners, the picture is a little more cautious. Values have edged down 0.44% recently and the predicted value is slightly below the 3-month average. It is not a bad time to sell - but pricing it right from day one matters more than ever. Use the HonestDoor Price as your anchor, not the assessed value.
Bottom line: Willoughby is one of the most active neighbourhoods in Langley. If your home is priced to reflect today's market - not last year's assessment - you are in a strong position heading into summer.
willoughby | 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.