Many cities on the west coast of the United States have seen a slow down in sales during the past year, after record highs and numbers were reached in 2004 and 2005. Langley, Washington, is no exception, which saw rapid price increases from 2002 to 2005.
Homes now are taking longer to sell -- an average of 32 percent longer, or 112 days.
Prices range widely on the island, but the average sold price is currently $378,000. Median prices is considerably higher at $578,000. Notes one local expert, "In the Langley area specifically, there are 26 homes under $300,000, 72 over $300,000."
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Published: July 31, 2007
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