Pitt Meadows Condo Market Report – March 2022

In March 2022, the Pitt Meadows condo real estate market is classified as a Balanced Market with an absorption rate of 16.5%. The market in Pitt Meadows is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

18 condo properties sold in Pitt Meadows during March 2022 based on MLS® records. There were 109 active listings at the start of the month. A total of 23 new listings came to market during the month.

The average condo sold price in Pitt Meadows in March 2022 was $660,444. Sold prices ranged from $420,000 to $901,000. Data is sourced from MLS® board records.

In March 2022, condo properties in Pitt Meadows averaged 8 days on the market before selling. With an absorption rate of 16.5%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Pitt Meadows in March 2022 was $660,444, up 31.1% year-over-year compared to March 2021 ($503,877). Sales volume was down 10% compared to the same month last year. Data is sourced from MLS® sold records.