The Village Premium, Re-measured

The two-storey house moved most. The two-storey detached benchmark in Fort Langley went from $2,458,200 in July to $2,363,400 in September, down $94,800 or 3.9%. Langley's two-storey benchmark went from $1,604,000 to $1,576,100, down 1.7%. The gap on that house type was 53.3% in July and is 50.0% in September.

Apartments followed the same direction. The Fort Langley apartment benchmark is $755,600 in September against $775,800 in July, down 2.6%. Langley's is $525,900 against $534,200, down 1.6%. The apartment gap was 45.2% and is now 43.7%, or $229,700.

The townhouse went the other way. The village townhouse benchmark rose slightly, from $909,300 to $911,700, while Langley's fell from $811,400 to $802,600. The townhouse gap widened from $97,900, or 12.1%, to $109,100, or 13.6%. It remains by far the smallest of the four gaps.

The composite, and what it mixes. The composite benchmark, which blends each area's home types in the proportions that area holds them, reads $1,657,200 for Fort Langley and $941,800 for Langley in September, a gap of 76.0%. In July it was 79.4%. The composite gap is wider than the gap on any single type because the village holds proportionally more detached houses, which is a difference of mix and not of price for a like home.

Over the year, less changed than over two months. In the year to September 2026 the Fort Langley detached benchmark fell 4.9% and Langley's fell 6.7%. In the year to July the figures were 4.3% and 6.2%. On townhouses the village fell 4.5% over the year to September against Langley's 4.4%; in the year to July it had been 6.0% against 4.9%. On the composite the village fell 5.5% against Langley's 6.2%.

How much weight a two-month move can bear. A neighbourhood index rests on few sales and can move several percent in a month. The Fort Langley detached benchmark rose 1.9% in September alone after a larger fall in August, and its one-storey benchmark rose 5.3% in the month. The board's database records seven house sales in Fort Langley from July to September 2026, against fourteen from April to June, with 19 houses for sale at the end of September and 35 days to sell (three monthly medians, weighted by sales). The benchmarks above are the board's index, not an average of those seven sales, and they are printed here as published.

The two readings together. Between July and September the premium narrowed on detached houses by 0.7 of a percentage point, on two-storey houses by 3.3 and on apartments by 1.5, and widened on townhouses by 1.5. Every benchmark quoted here except the village townhouse is lower in September than in July. The earlier report, The Village Premium: what Fort Langley costs, and why it holds, carries the July figures and the servicing, heritage and plan context that has not changed.

Sourced from the Fraser Valley Real Estate Board's MLS® Home Price Index Detail for September 2026 (released October 2026) and for July 2026 as quoted in our August report, and the board's MLS® database for July to September 2026 as published in The Langley Market Report, October 2026 edition. Gaps and percentage differences are our arithmetic on the board's benchmarks. This report describes and informs; it is not investment advice.