Pitt Meadows Real Estate Market Report
Executive Summary
The Pitt Meadows, British Columbia real estate market is currently classified as a balanced market. The median asking price is $799K, down 23.8% over the past 30 days.
There are currently 161 active listings, representing 3.9 months of inventory. 67 properties have sold in the past 90 days at a median sold price of $795K. Inventory has increased 5266.7% compared to last month.
Currently, listings spend an average of 4 days on market and the average price per square foot is $536.
Detached properties make up the largest share of the Pitt Meadows market at 88% of active listings with an average price of $3.1M. Condo listings follow at 13% (avg $605K).
Sales Activity & Absorption
Volume
Market Signals
41 properties sold in the past 30 days, 158 new listings appeared in the past month, 44 sellers reduced their asking price.
Market Balance
Months of Inventory
With only 3.9 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Nature's Walk | 6 | $1.1M |
| The Fairways | 5 | $613K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Pitt Meadows market currently has 161 active listings with a median price of $799K and 3.9 months of inventory.
- Prices declining (-23.8% in 30 days)
- High price reduction rate (27% of listings)
- High sell-through rate (100%)
- Fast-moving market (4 avg days on market)
- Average price per square foot is $536
- Sold properties averaged -25 days on market
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.