Otter District, Langley Market Report – June 2020

Otter District is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Otter District based on MLS® data.

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3
Units Sold
$2,090,000
Avg Sold Price
27d
Avg Days on Market
Balanced Market
Market Condition
20 active at start of month 8 new listings Absorption rate: 15% Highest sold: $3,200,000 Lowest sold: $1,350,000

How Does June 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
June 2020 (this report) 3 $2,090,000 27d
May 2020 month prior 2 +50% $1,490,000 +40.3% 41d -34.1%

3-Year Price Trend — Otter District, Langley

The Otter District, Langley real estate market was a Balanced Market in June 2020, with 20 active listings at the start of the month, 3 properties sold, an average sold price of $2,090,000, properties averaging 27 days on market, an absorption rate of 15%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Otter District, Langley specialist
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Frequently Asked Questions — Otter District, Langley June 2020

In June 2020, the Otter District, Langley real estate market is classified as a Balanced Market with an absorption rate of 15%. The market in Otter District, Langley is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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