Willoughby, Langley - September 2026 Real Estate Report

Willoughby, Langley Real Estate: What's Actually Happening Right Now

If you live in Willoughby and you haven't checked your HonestDoor Price lately, you're probably leaving real money on the table. Here's the straight story on where things stand.

The Vibe: A Neighbourhood Catching Its Breath

Willoughby is one of the busiest real estate markets in Langley - full stop. With 126 property transactions recorded in 2026 and 14,086 properties assessed this year, we rank number 1 in Langley for total transactions. That's not a small thing. It means there's real demand here, even when the numbers show a market that's taking a breather.

Neighbourhood growth dipped 0.02% year over year. It's not a freefall - it's a pause. But it's worth paying attention to, especially if you're thinking about timing a sale.

Houses: The Numbers You Need to Know

The house market in Willoughby is sending mixed signals right now, and we should read them carefully.

• Average HonestDoor Price: $1,287,494
• Average assessed value: $1,182,546
• HonestDoor Price is 8.87% higher than the city assessment
• HonestDoor Price increased 1.82% from the previous period
• Average sale price this month: $936,647 - down 11.0% from last month
• Only 4 houses sold this month
• Price per square foot: $566
• Predicted market value: $1,264,616
• 3-month moving average: $1,266,046 (values are easing slightly)
• Estimated rent: $4,781 per month
• Rental yield: 4.53%
• Average rental estimate: $4,845 per month
• Airbnb potential: $241 per night
• Growth rank: 9 out of 17 neighbourhoods in Langley
• Price rank: 14 out of 17 - among the most affordable in Langley

That monthly sale price drop to $936,647 looks alarming, but context matters. Only 4 homes sold this month, so one or two lower-priced sales can skew the average hard. The predicted market value sitting at $1,264,616 tells a more grounded story. Values are drifting slightly below the 3-month moving average of $1,266,046, but we're talking about a difference of roughly $1,400. That's not a crash - that's a market catching its breath.

On the neighbourhood leaderboard, houses in Willoughby rank 9th out of 17 for growth in Langley. Middle of the pack. Not leading the charge, but not falling behind either.

Condos: Steady Sales, Softer Values

The condo picture in Willoughby is a bit more nuanced. We're holding our own on sales volume, but values are sliding a little.

• Average HonestDoor Price: $557,790
• Average assessed value: $590,515
• HonestDoor Price is 5.54% lower than the city assessment
• HonestDoor Price decreased 0.44% from the previous period
• Average sale price: $589,409 - essentially unchanged from last month
• 11 condos sold this month - essentially unchanged
• Price per square foot: $643
• Predicted market value: $560,255
• 3-month moving average: $569,226 (values are easing)
• Estimated rent: $2,733 per month
• Rental yield: 3.73%
• Average rental estimate: $2,723 per month
• Airbnb potential: $135 per night
• Airbnb rank in Langley: 8th
• Average assessed value rank in Langley: 2nd
• Growth rank: 13 out of 16 neighbourhoods in Langley
• Price rank: 3 out of 7 - above average in price for Langley

Here's the thing that stands out for condo owners: the city's assessed value is $590,515, but the HonestDoor Price is $557,790. That's a gap of roughly $32,700. The assessment is running higher than what the real-world market is actually pricing these units at right now. If you're a condo owner banking on that assessment number, you need a reality check - and that's not a criticism, it's just the market talking.

On the neighbourhood leaderboard, Willoughby condos rank 13th out of 16 for growth. That puts us in the bottom performers category for Langley right now. The 3-month moving average is also sliding - from $569,226 down to a predicted $560,255. That's a drop of nearly $9,000 in trend value. Worth watching.

One bright spot: our predicted condo value of $560,255 still beats nearby East Clayton North at $483,800. So while we're not leading the growth race, we're holding a price advantage over some neighbours.

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

Your city assessment is a snapshot frozen in time - usually reflecting market conditions from months ago. It's what the government uses to calculate your property tax bill. It is not what a buyer will pay you today.

For Willoughby house owners, that gap is significant. The average assessed value is $1,182,546, but the average HonestDoor Price is $1,287,494. That's nearly $105,000 difference. If you're pricing a home based on your assessment, you could be underselling yourself by six figures.

For condo owners, the story flips. The assessment says $590,515, but the HonestDoor Price says $557,790. Pricing your condo at or above the assessed value right now could mean it sits on the market longer than it needs to.

The HonestDoor Price updates in real time using actual transaction data. It's the number that reflects what buyers in Willoughby are actually paying - not what a government formula calculated months ago.

The So What: Thinking About Selling This Summer?

Here's the honest take if you're weighing a summer sale in Willoughby.

For house sellers - you're in a reasonable position. The HonestDoor Price is up 1.82% from the previous period, and at $1,287,494 on average, there's real equity here. The monthly sale price dip is likely a low-volume blip, not a trend. That said, values are just barely easing below the 3-month average, so the window of peak pricing may be tightening. Listing sooner rather than later makes sense if you're ready.

For condo sellers - be realistic about pricing. The HonestDoor Price has dipped 0.44%, the 3-month trend is softening, and the growth rank of 13 out of 16 tells you this segment isn't gaining momentum right now. That doesn't mean you can't sell well - it means you need to price sharp and not anchor to your assessed value. A well-priced condo in Willoughby at $557,000 to $589,000 will move. An overpriced one won't.

Either way, Willoughby's number 1 transaction rank in Langley means buyers are active here. The demand exists. The question is whether your price meets the market where it actually is - not where the tax office thinks it was six months ago.

Check your HonestDoor Price at honestdoor.com and see where you really stand.

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.