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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