Greater Vancouver
PITT MEADOW S
FEBRUARY 2024
Price Band & Bedroom DETACHED HOUSES
Com m unity DETACHED HOUSES
SnapStats® $0 -700,000
Inventory Sales
Sales Ratio
SnapStats®
Inventory Sales
Sales Ratio
0 0 0 0
0 0 0 0 2 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 0 7 2 0 9
NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
CentralM eadow s M id M eadows North M eadows South M eadows W estM eadow s
10
5 1 0 3 0 9
50% 33%
700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000
3 1 7 0
NA
43%
1,000,001 – 1,250,000 6 1,250,001 – 1,500,000 12 1,500,001 – 1,750,000 3 1,750,001 – 2,000,000 0 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
33% 58%
NA
TOTAL*
21
43%
7,000,001 & Greater
0
TOTAL*
21
43%
2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore
1
NA
16
44% 50%
4 0
NA
TOTAL*
21
43%
SnapStats®
January February Variance
Inventory
21
21
0%
Solds
7
9
29%
Sale Price
$1,370,000 $1,319,200 -4%
Sale Price SQFT
$580
$524
-10% -2% 14%
Sale to ListPrice Ratio 100%
98%
Days on M arket
22
25
*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.
M arket Sum m ary
• M arketType Indicator PITT MEADOW S DETACHED :Selers M arketat43% Sales Ratio average (4.3 in 10 hom es seling rate) • Hom es are seling on average 2% below listprice • M ostActive Price Band** $1.25 m ilto $1.5 m ilw ith average 58% Sales Ratio (Selers m arket) • Buyers BestBet** Insuficientdata • Selers BestBet** Seling hom es in CentralM eadow s and 3 to 4 bedroom properties **W ith m inim um inventory of10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$1,423,500
$1,400,000
$1,370,000 $1,319,200
13 Month M arket Trend
$1,335,000 $1,365,000
$1,295,000 $1,327,500 $1,305,000
$1,250,000 $1,280,000
$1,135,000
$1,118,000
37
35
31
26
26
22
21
21
21
20
19
13
13
9
9
9
9
7
7
7
7
6
4
7
14
9
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
Com plim ents of...
Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services
VancouverUrbanHom es.com
604.657.1110
m aria@ vancouverurbanhom es.com
© 2010-2024 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M arch 1,2024 from the RealEstate Board ofGreaterVancouverM LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .
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