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Pitt Meadows Market Statistics

The Pitt Meadows Housing Market is concentrated in a compact urban area surrounded by agricultural land, rivers and rural properties, creating a very different sales mix from larger neighbouring cities. These Pitt Meadows Market Statistics track Pitt Meadows Home Prices, sales, inventory, new listings and sales-to-active-listings ratios by property type so buyers and sellers can see how the Pitt Meadows Real Estate Market is changing.

Pitt Meadows Real Estate Prices can vary considerably between a condo or townhouse in the urban core, a detached home in Central or South Meadows, and an acreage or farm property in North Meadows. Pitt Meadows Housing Prices, Pitt Meadows Sold Prices and a Pitt Meadows Average House Price are therefore more useful when interpreted within the relevant property type and location, while Pitt Meadows Real Estate Statistics provide the broader trend. Use the charts below to compare current conditions, then explore Pitt Meadows Homes for Sale to compare active listings with the market data and watch our monthly Market Statistics videos for additional regional commentary.

Interpreting these charts is not difficult, but it might take a few minutes of study the first time you look.

MLS® HPI Price: Indicates the current sale price of a “representative” house, condo or townhouse. The exact number isn’t what’s important here – look at the trends to assess how the market is moving relative to the past three years.

Median Sales Price: The median sales price is the middle price of all homes sold in a specific period. Half of the sales were above this price, and half were below. It reflects the actual prices buyers and sellers agreed on, but it can swing up or down depending on what types of homes happened to sell that month (e.g., more luxury homes or more entry-level units).

Total Inventory: The total number of homes currently listed for sale at the end of the month. This shows how much supply is available in the market. Rising inventory usually signals more selection for buyers, while declining inventory can indicate tightening conditions and increased competition.

New Listings: The number of homes that were newly added to the market during the month. This shows how much fresh supply is entering the market. Higher levels of new listings mean more options for buyers, while lower levels can signal limited selection and increased competition for available homes.

Sales: The total number of homes that successfully sold during the month. The stronger the market, the greater the number of sales!

Sales to Active Ratio: This ratio is widely used by industry insiders to quantify the strength of the market. It represents the percentage of the available inventory that is sold each month. Generally speaking, a ratio of below 0.12 indicates a slow market (“a buyer’s market”), while a ratio of over 0.20 indicates a hot market (“a seller’s market”), with many more buyers than sellers and intense competition for properties. A ratio between 0.12 and 0.20 reflects a “balanced” market, where the number of sellers and the number of buyers are roughly balanced.

Find more in depth reports below.

Greater Vancouver REALTORS® (GVR) publishes the market data used in the charts on this page and includes Pitt Meadows within its reporting area. The charts track Pitt Meadows Home Prices and market activity for detached homes, townhouses and condos across the Pitt Meadows Housing Market.

These Pitt Meadows Real Estate Statistics are updated as new monthly data becomes available. Reviewing several months of Pitt Meadows Market Statistics provides better context than relying on one month alone, especially when Pitt Meadows Real Estate Prices are being influenced by different property types and local submarkets. Pitt Meadows Housing Prices should therefore be read as a broader trend rather than as a substitute for comparable sales in a specific part of the city. For broader regional comparisons, see our Market Statistics page.

Pitt Meadows Detached Homes Statistics

Pitt Meadows Townhouse Statistics

Pitt Meadows Condos Statistics

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Most Pitt Meadows residents live within a compact urban core surrounded by extensive agricultural and rural land. That concentrated settlement pattern creates a market in which condos, townhouses and conventional detached homes make up most urban transactions, while rural homes and acreages form a much smaller but very different segment.

That distinction matters when reading the Pitt Meadows Housing Market. A month with more urban strata sales can affect Pitt Meadows Home Prices differently from a month that includes several higher-value rural or acreage transactions, so Pitt Meadows Market Statistics are more useful when property type and location are considered together.

Pitt Meadows is a relatively small market compared with larger neighbouring cities, so the mix of properties sold in a single month can have a noticeable effect on monthly price measures. A small number of detached, acreage or higher-priced sales can move a Pitt Meadows Average House Price or median more sharply than they might in a market with many more transactions.

For that reason, Pitt Meadows Market Statistics are best read across several months rather than from one isolated result. Pitt Meadows Real Estate Statistics, inventory and sales activity can help show whether a monthly movement reflects a broader trend or simply a different mix of properties changing hands.

Much of Pitt Meadows is within the floodplain and the community relies on dikes, drainage systems and pump stations for flood protection. Those conditions do not determine the value of every property, but they can affect how buyers compare homes, particularly where site characteristics, elevation, drainage or building design differ.

When reviewing Pitt Meadows Real Estate Prices, citywide charts should therefore be combined with comparable Pitt Meadows Sold Prices from properties with similar locations and physical characteristics. Pitt Meadows Housing Prices provide the broader market direction, while property-specific differences can still matter substantially within the same city.

Pitt Meadows directs much of its higher-density housing toward the central urban area, Town Centre, major roads and locations near transit, including the West Coast Express station. This creates a concentration of condos and other multi-family housing within a relatively small part of the city.

Changes in the number of condo or townhouse sales in these areas can influence Pitt Meadows Home Prices and monthly Pitt Meadows Market Statistics differently from detached-home activity elsewhere. The Pitt Meadows Real Estate Market is therefore easier to interpret when the property-type charts are reviewed separately.

Pitt Meadows Sold Prices can represent very different kinds of property. A condo in Central Meadows, a townhouse in South Meadows, a conventional detached home and a North Meadows acreage may all appear within the broader market data even though their land, housing form and buyer pools are very different.

That variation is especially important when interpreting a Pitt Meadows Average House Price. Pitt Meadows Housing Prices and Pitt Meadows Real Estate Prices provide useful citywide context, but recent sales from the same property type and part of Pitt Meadows are generally more relevant when comparing an individual home.

Pitt Meadows Market Statistics provide useful market context, but prices and conditions can vary substantially by property type and location. Browse current Pitt Meadows Houses for Sale, Pitt Meadows Condos for Sale, Pitt Meadows Townhouses for Sale, Pitt Meadows Duplex for Sale, Pitt Meadows Land for Sale and Pitt Meadows Homes with Suites to compare active listings with the trends shown in these charts.

You can also browse Pitt Meadows Open Houses, explore Pitt Meadows Presales & New Developments, or visit Pitt Meadows Photos & Videos for more information about living and buying in Pitt Meadows.

Pitt Meadows is part of the Greater Vancouver REALTORS® reporting area, so broader Greater Vancouver trends can help put the Pitt Meadows Real Estate Market into context. Comparing regional sales, inventory and price movement with Pitt Meadows Market Statistics can help show whether a change is primarily local or part of a wider Greater Vancouver trend.

For broader regional comparisons, see our Market Statistics page and monthly Market Statistics videos. Those regional resources complement the Pitt Meadows Housing Market charts on this page without replacing the local property-type data.

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