Pitt Meadows Real Estate Market Report
Executive Summary
Brian SuicoLocal expert · Pitt MeadowsThe Pitt Meadows, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $858K, down 4.2% year-over-year.
There are currently 130 active listings, representing 5.4 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 22 sales and 54 new listings in July 2026. Inventory has increased 27.5% compared to last month.
Currently, listings spend an average of 33 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 | $858K | $850K |
| Active Listings | 146 | 130 |
| 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 22 sales this period, 29 new listings appeared in the past month, 4 sellers reduced their asking price.
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
At 5.4 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 |
|---|---|---|
| Central Meadows | 58 | $871K |
| North Meadows PI | 27 | $1.6M |
| South Meadows | 27 | $1.0M |
| Mid Meadows | 17 | $916K |
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 130 active listings with a median price of $850K and 5.4 months of inventory.
According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $858K (-4.2% year-over-year). There were 22 sales recorded
- Prices declining (-16.7% in 30 days)
- Low price reduction rate (3% of listings)
- High sell-through rate (83%)
- Average price per square foot is $620
- Sold properties averaged -1 days on market
Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Greater Vancouver REALTORS (HPI). Prepared by Brian Suico with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of August 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.