Greater Vancouver

PITT MEADOWS

APRIL 2024

Price Band & Bedroom DETACHED HOUSES

Community DETACHED HOUSES

SnapStats® $0 - 700,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 0 0

0 0 0 0 3 8 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 3 1

NA NA NA NA

Central Meadows Mid Meadows North Meadows South Meadows West Meadows

10

5 1 1 5 0

50% 25%

700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

4 1 7 0

100%

71%

1,000,001 – 1,250,000 8 1,250,001 – 1,500,000 8 1,500,001 – 1,750,000 5 1,750,001 – 2,000,000 1 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0 4,000,001 – 4,500,000 0 4,500,001 – 5,000,000 0 5,000,001 – 5,500,000 0 5,500,001 - 6,000,000 0 6,000,001 - 6,500,000 0 6,500,001 - 7,000,000 0

38%

NA

100%

TOTAL*

22

12

55%

20%

NA NA NA NA NA NA NA NA NA NA NA NA NA NA

7,000,001 & Greater

0

TOTAL*

22

12

55%

2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More

0

NA* 44% 50% NA* 55%

16

6 0

TOTAL*

22

12

SnapStats®

March

April

Variance

Inventory

20 13

22 12

10% -8%

Solds

Sale Price

$1,365,000 $1,369,600 0%

Sale Price SQFT

$568 99%

$565

-1%

Sale to List Price Ratio

100% 1%

Days on Market

17

15

-12%

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator PITT MEADOWS DETACHED : Sellers Market at 55% Sales Ratio average (5.5 in 10 homes selling rate) • Homes are selling on average 100% of list price • Most Active Price Band** $1.25 mil to $1.5 mil with average 100% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $1 mil to $1.25 mil • Sellers Best Bet** Selling homes in Central Meadows and 3 to 4 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$1,423,500

$1,400,000

$1,370,000 $1,319,200 $1,365,000 $1,369,600

13 Month Market Trend

$1,335,000 $1,365,000

$1,327,500 $1,305,000

$1,250,000 $1,280,000

37

$1,118,000

35

31

26

26

22

22

21

21

21

20

20

19

9

9

9

9

7

7

7

7

6

4

14

13

12

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on May 1, 2024 from Greater Vancouver REALTORS® MLS database. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.