Pitt Meadows Real Estate Market Report
Executive Summary
The Pitt Meadows, British Columbia real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $851K, down 6.2% year-over-year.
There are currently 166 active listings, representing 4.7 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 25 sales in June 2026. Inventory has increased 232.0% compared to last month.
Currently, listings spend an average of 24 days on market and the average price per square foot is $620.
Board Data vs Our Listings
| Metric | Greater Vancouver REALTORS (HPI) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $851K | $815K |
| Active Listings | 151 | 166 |
| Detached Benchmark | $1.2M | $1.4M |
Detached properties make up the largest share of the Pitt Meadows market at 100% of active listings with an average price of $1.4M.
Sales Activity & Absorption
Volume
Market Signals
Greater Vancouver REALTORS (HPI) reported 25 sales this period, 116 new listings appeared in the past month, 46 sellers reduced their asking price.
Market Balance
Months of Inventory
At 4.7 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| The Fairways | 7 | $639K |
| Nature's Walk | 6 | $1.0M |
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
This is currently a buyer's market with more negotiating power for purchasers. The Pitt Meadows market currently has 166 active listings with a median price of $815K and 4.7 months of inventory.
According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $851K (-6.2% year-over-year). There were 25 sales recorded
- Prices declining (-24.4% in 30 days)
- High price reduction rate (28% of listings)
- Low sell-through rate (28%)
- Average price per square foot is $620
- Sold properties averaged -8 days on market
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Greater Vancouver REALTORS (HPI). Prepared by Client Care with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of July 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.