Greater Vancouver
PITT MEADOW S
FEBRUARY 2024
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 0 1 4 4 5 1 6
0 0 0 0 0 5 3 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 7 2 1
NA NA NA NA NA
CentralM eadow s M id M eadows North M eadows South M eadows W estM eadow s
12
4 5 0 2 0
33%
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
4 0 8 0
125%*
NA
25%
NA
125%*
TOTAL*
24
11
46%
75% 20%
NA NA
1,000,001 – 1,250,000 2 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
50%
100%
NA NA NA NA NA NA NA NA NA
4,000,001 & Greater
0
TOTAL*
24
11
46%
0 to 1 Bedroom 2 Bedrooms 3 Bedrooms
3 8
33% 88% 20% 33% 46%
10
4 Bedroom s & Greater 3
TOTAL*
24
11
SnapStats®
January February Variance
Inventory
15 13
24 11
60% -15%
Solds
Sale Price
$600,000 $609,000 2%
Sale Price SQFT
$515
$558
8%
Sale to ListPrice Ratio 98%
97%
-1%
Days on M arket
12
10
-17%
*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 arketat46% Sales Ratio average (4.6 in 10 hom es seling rate) • Hom es are seling on average 3% below listprice • M ostActive Price Band** Insuficientdata butw ith 5 sales price band of$500,000 to $600,000 • Buyers BestBet** Hom es in South M eadow s and 3 bedroom properties • Selers BestBet** Seling hom es in CentralM eadow s and 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances
SALE PRICE
INVENTORY
SOLDS
$707,000
$680,000 $705,000
$677,000
$641,500 $642,500
$627,000 $801,500
$600,000 $609,000
13 Month M arket Trend
$589,500 $607,500
$580,000
35
33
33
32
31
30
27
24
24
23
22
19
15
22
18
17
15
14
14
14
13
11
10
10
10
7
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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