South Meadows, Pitt Meadows Market Report – February 2023

South Meadows is a residential neighbourhood in the southern portion of Pitt Meadows, BC, close to the Fraser River dyke and the agricultural land reserve. The area features predominantly detached single-family homes on generous lots with a rural-suburban character that sets it apart from the denser communities to the north. The dyke trail system along the Fraser River provides excellent walking and cycling access through open farmland and riverbank scenery. Lougheed Highway and the Golden Ears Bridge link South Meadows to Maple Ridge, Coquitlam, Langley, and the South of Fraser communities. Buyers seeking space, affordability, and a connection to nature within commuting distance of Metro Vancouver find South Meadows an appealing and underrated residential choice.

← January 2023 Next month →
5
Units Sold
$1,102,700
Avg Sold Price
13d
Avg Days on Market
Buyer's Market
Market Condition
142 active at start of month 10 new listings Absorption rate: 3.5% Highest sold: $1,512,500 Lowest sold: $795,000

How Does February 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
February 2023 (this report) 5 $1,102,700 13d
January 2023 month prior 7 -28.6% $996,857 +10.6% 36d -63.9%
February 2022 year ago 8 -37.5% $1,264,878 -12.8%

3-Year Price Trend — South Meadows, Pitt Meadows

The South Meadows, Pitt Meadows real estate market was a Buyer's Market in February 2023, with 142 active listings at the start of the month, 5 properties sold, an average sold price of $1,102,700, properties averaging 13 days on market, an absorption rate of 3.5%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your South Meadows, Pitt Meadows specialist
Get your home value ›

Frequently Asked Questions — South Meadows, Pitt Meadows February 2023

In February 2023, the South Meadows, Pitt Meadows real estate market is classified as a Buyer's Market with an absorption rate of 3.5%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →