Otter District
LANGLEY, BC

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Life in Otter District

Otter District is part of Langley and is 52.1 km from Downtown Vancouver and 51.5 km from the Vancouver International Airport. There is 1 school in Otter District including Vanguard.


There are currently 26 homes for sale in Otter District made up of condos, townhomes and houses with an average list price of $3,694,854. An average House in Otter District has 2 bedrooms, is 1,659 SF and lists for $1,157,100. House prices range from $279,500 - $4,488,800.

Otter District Market Intelligence

Last updated August 14, 2022 at 01:29am -07:00

Market Summary

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

Average Sale Price

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Sales

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Active Listings

26

Aug 14, 2022

Sales-To-Listing Ratio

4 %

Buyers' Market

Average Days On Market

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CURRENT MARKET CONDITIONS

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

CONDOS

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TOWNHOMES

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HOUSES

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