Greater Vancouver
PITT MEADOW S
APRIL 2023
Price Band & Bedroom CONDOS & TOWNHOMES
Com m unity CONDOS & TOWNHOMES
SnapStats® $0 – 100,000
Inventory Sales
Sales Ratio
SnapStats®
Inventory Sales
Sales Ratio
0 0 0 1 4 9 5 7 0 5
0 0 0 0 2 8 1 4 2 1 0 0 0 0 0 0 0 0 0 0 0 4 9 3 2
NA NA NA NA
CentralM eadow s M id M eadows North M eadows South M eadows W estM eadow s
7
7 7 2 2 0
100%
100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000
18
39%
0 8 0
NA*
25%
50% 89% 20% 57%
NA
TOTAL*
33
18
55%
NA*
20%
1,000,001 – 1,250,000 1 1,250,001 – 1,500,000 1 1,500,001 – 1,750,000 0 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
NA NA NA NA NA NA NA NA NA NA NA
4,000,001 & Greater
0
TOTAL*
33
18
55%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms
7
57% 64% 30%
14 10
4 Bedroom s & Greater 2
100%
TOTAL*
33
18
55%
SnapStats®
March
April
Variance
Inventory
35 14
33 18
-6% 29%
Solds
Sale Price
$677,000 $589,500 -13%
Sale Price SQFT
$562
$532
-5%
Sale to ListPrice Ratio 99%
99%
0%
Days on M arket
35
8
-77%
*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 ATTACHED :Selers M arketat55% Sales Ratio average (5.5 in 10 hom es seling rate) • Hom es are seling on average 1% below listprice • M ostActive Price Band** $500,000 to $600,000 w ith average 89% Sales Ratio (Selers m arket)
• Buyers BestBet** Hom es in South M eadow s and 3 bedroom properties • Selers BestBet** Seling hom es in M id M eadow s and 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$715,000 $745,000
$677,000
$674,000 $662,500 $689,250
$665,000 $687,750
$589,500
$589,000
$742,250 $570,000 $580,000
13 Month M arket Trend
48
48
37
36
36
35
35
33
33
31
28
24
19
18
14
14
14
14
14
13
12
10
8
7
14
21
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
Com plim ents of...
Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services
VancouverUrbanHom es.com
604.657.1110
m aria@ vancouverurbanhom es.com
© 2010-2023 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 ay 1,2023 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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