Market data
Otter, BC — Home Prices
What a typical home costs in Otter as of August 2026 — detached at $1,856,900, townhouse at $1,022,600 and apartment at $445,800. Each is the board’s benchmark price, with the month’s change, sales and inventory below.
Market snapshot · August 2026
Otter · HPI Benchmark
Benchmark price
$1.59M
Month over month
-0.9%
Year over year
-2.3%
Sales (month)
4
Active listings
26
Months of inventory
8.7
Fraser Valley Real Estate Board / Greater Vancouver REALTORS composite Home Price Index (HPI) — the industry-standard measure of typical home value, adjusted for property mix. Soft supply (buyers’ territory).
See the Otter HPI chart on Market Insights
Source: Fraser Valley Real Estate Board · Real Estate Board of Greater Vancouver. Composite (all property types). HPI benchmarks are aggregate measures — specific properties may transact above or below.
Otter home prices by property type
Benchmark price for August 2026, with how it moved over the month and over the year, and the supply and demand behind it.
| Property type | Benchmark price | Over the month | Over the year | Sales | Active listings | Months of inventory |
|---|---|---|---|---|---|---|
| Detached house | $1,856,900 | -2.6% | -5.2% | 4 | 22 | 8.1buyers’ territory |
| Townhouse | $1,022,600 | +2.0% | -4.1% | 0 | 1 | — |
| Apartment / condo | $445,800 | -1.2% | -8.8% | 0 | 3 | 3.0sellers’ territory |
A benchmark is the board’s modelled typical home of that type, not an average of what sold — so a month with few sales still has one. Sales and active listings are counts for August 2026.
Otter home prices, 2016 to 2026
The benchmark price each August, a decade back. Same month every year, so the comparison carries no seasonal distortion.
| August | Detached | Townhouse | Apartment |
|---|---|---|---|
| 2016 | $1,144,800 | $612,100 | $234,000 |
| 2017 | $1,299,100 | $677,000 | $301,600 |
| 2018 | $1,341,800 | $743,700 | $361,100 |
| 2019 | $1,227,700 | $688,000 | $333,200 |
| 2020 | $1,398,700 | $695,000 | $348,600 |
| 2021 | $1,784,300 | $861,400 | $413,300 |
| 2022 | $2,082,300 | $1,074,100 | $500,300 |
| 2023 | $1,934,000 | $1,058,600 | $497,700 |
| 2024 | $2,027,300 | $1,080,500 | $498,900 |
| 2025 | $1,959,700 | $1,066,000 | $488,800 |
| 2026 | $1,856,900 | $1,022,600 | $445,800 |
Over those 10 years detached moved from $1,144,800 to $1,856,900 — +62.2%, townhouse moved from $612,100 to $1,022,600 — +67.1%, and apartment moved from $234,000 to $445,800 — +90.5%.
Detached house — 10-year chart · Townhouse — 10-year chart · Apartment / condo — 10-year chart
Common questions about Otter prices
- How much does a house cost in Otter?
- The benchmark price for a detached house in Otter is $1,856,900 as of August 2026, -5.2% over the year. The benchmark is the board's modelled typical home of that type, not an average of what sold.
- How much is a townhouse in Otter?
- The benchmark price for a townhouse in Otter is $1,022,600 as of August 2026, -4.1% over the year.
- How much is a condo in Otter?
- The benchmark price for an apartment or condo in Otter is $445,800 as of August 2026, -8.8% over the year.
- Have home prices gone up in Otter over the last ten years?
- Between 2016 and 2026, detached moved from $1,144,800 to $1,856,900 (+62.2%), townhouse moved from $612,100 to $1,022,600 (+67.1%), apartment moved from $234,000 to $445,800 (+90.5%). Each figure is the benchmark price for the same calendar month, so the comparison carries no seasonal distortion.
- Is Otter a buyers' or sellers' market?
- As of August 2026, detached sits at 8.1 months of inventory (buyers’ territory), apartment sits at 3.0 months of inventory (sellers’ territory). Four months or less typically reads as sellers' territory, four to six balanced, six to eight buyers gaining leverage, and over eight buyers' territory.
How to read these numbers
The Home Price Index (HPI) benchmark is the industry-standard measure of typical home value in a defined market, mix-adjusted to control for the property types selling that month. Unlike a simple median, the HPI compares like to like — a benchmark detached home in Otter this month versus the same benchmark home last month. That makes it the right metric for month-over-month and year-over-year comparisons.
Months of inventory (MOI) divides active listings by recent monthly sales — under 4 typically reads as a sellers’ market, 4 to 6 balanced, over 6 buyers’. Sales-to-active ratio is the inverse framing; the FVREB and REBGV both publish it. Both metrics are aggregate; specific property types and price bands can read differently than the composite.
HPI benchmarks are aggregate figures — a specific property in Otter may transact above or below the benchmark depending on lot, condition, age, and the active buyer pool. Use the benchmark as the trend line, not the listing price.
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