Pitt Meadows Real Estate Market Report
Executive Summary
Dan BraunLocal expert · Pitt MeadowsThe Pitt Meadows, British Columbia real estate market is currently classified as a balanced market. The MLS composite benchmark price is $851K, down 6.2% year-over-year.
There are currently 165 active listings, representing 6 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 25 sales in June 2026. Inventory has increased 94.1% compared to last month.
Currently, listings spend an average of 53 days on market and the average price per square foot is $541.
Board Data vs Our Listings
| Metric | Greater Vancouver REALTORS (HPI) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $851K | $850K |
| Active Listings | 151 | 165 |
| Detached Benchmark | $1.2M | $1.6M |
| Townhouse Benchmark | $761K | $650K |
| Apartment Benchmark | $542K | $650K |
Detached properties make up the largest share of the Pitt Meadows market at 49% of active listings with an average price of $1.6M. Condo listings follow at 51% (avg $650K).
Sales Activity & Absorption
Volume
Market Signals
Greater Vancouver REALTORS (HPI) reported 25 sales this period, 80 new listings appeared in the past month.
Market Balance
Months of Inventory
At 6 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 | 69 | $811K |
| North Meadows PI | 35 | $2.0M |
| South Meadows | 30 | $1.0M |
| Mid Meadows | 26 | $840K |
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 165 active listings with a median price of $850K and 6 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 (-30.8% in 30 days)
- Low price reduction rate (0% of listings)
- Slow-moving market (53 avg days on market)
- Average price per square foot is $541
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 Dan Braun 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.