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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