Langley Presale Market Update — July 2026: SkyTrain Progress Meets a Buyer's Market

Langley's condo benchmark sits at $542,100 — down 9.1% in a year — while more than 30% of the Surrey-Langley SkyTrain's elevated guideway is already standing and rail installation has begun. Falling prices today, a hard infrastructure catalyst opening late 2029: that's the setup presale buyers wait entire market cycles for, and in July 2026 it's sitting in plain sight. The June numbers: Langley inside a Fraser Valley buyer's market The Fraser Valley Real Estate Board's June statistics, released July 3, show a market that keeps getting cheaper while buyers hesitate. The board recorded 1,147 sales against 10,377 active listings — a sales-to-active ratio of 11%, below the 12–20% balanced range. That is firmly buyer's market territory, and the composite benchmark is now 26% below the 2022 peak. Benchmark June 2026 Price vs May vs June 2025 Days to sell Langley condo / apartment $542,100 — −9.1% ~38 FVREB condo / apartment $476,400 −1.5% −9.1% 38 FVREB townhome $764,100 −0.7% −7.3% 33 FVREB composite $884,800 −0.9% −7.0% — Notice Langley's condo benchmark runs about $65,000 above the Fraser Valley average. That's not an anomaly — Langley's condo stock skews newer, and Willoughby in particular has been one of the region's fastest-building neighbourhoods. Even so, Langley condos have given back 9.1% in twelve months, matching the board-wide decline. New listings across the Valley came in at 3,303, flat from May and 9% below last year — sellers are quietly stepping back, but with 10,377 active listings, the buyer still holds every negotiating card. The SkyTrain is no longer a promise — it's 30% built Every presale market has a story. Langley's is the only one in the Fraser Valley backed by $6 billion of concrete you can drive past today. The 16-kilometre Surrey-Langley SkyTrain extension will run elevated from King George Station to Langley City Centre, with eight new stations: Green Timbers, 152 Street, Fleetwood, Bakerview-166 Street, Hillcrest-184 Street, Clayton, Willowbrook, and Langley City Centre. As of mid-2026: more than 30% of the elevated guideway is complete, station foundations are finished at six of the eight stations, and trackwork — actual rail — is being installed. Testing and commissioning begins December 2026, and the province confirms the line remains on track to open in late 2029. For anyone signing a presale…

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