Real Estate Market Report for
Pitt Meadows, BC

Updated : Aug 2016
House
  • Median price $724,900
  • Monthly growth 3.70 %
  • Quarterly trend
  • Stock on market 0.67%
Apartment
  • Median price $294,350
  • Monthly growth -1.55 %
  • Quarterly trend
  • Stock on market 0.37%
Pitt Meadows Home Price

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Canada’s national median home listing price this month is $290,900, which means that Pitt Meadows is in the top 20% for Canada.

Want a cheaply priced house? Then at $724,900 this month, Pitt Meadows, British Columbia is definitely not for you price wise.

If you’re looking at investment properties in Pitt Meadows, then you’re most likely to find homes with 3 bedrooms on sale this month.

According to our stats, Pitt Meadows is the neighbourhood that has the 96th most properties available to real estate investors in British Columbia.

It’s never an exact art, but to try to forecast how property is going to appreciate in Pitt Meadows for investors, it’s important to look at data like:

If you are looking at investment properties in Pitt Meadows, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Pitt Meadows was Canada’s 245th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $294,350 in Pitt Meadows was an above average compared to the rest of British Columbia.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

From our data, it appears that neighbourhood is number 242th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

Will prices rise across the next year in in Pitt Meadows? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Pitt Meadows have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
1 bedroom $239,900
2 bedrooms $464,400 $330,000
3 bedrooms $691,700
4 bedrooms $749,000
5 bedrooms $824,450
6 bedrooms $829,900
Demographics
  • Population in 201117736
  • Population in 200615623
  • 2006 to 2011 population change (%)13.5
  • Total private dwellings7013
  • Private dwellings occupied by usual residents6718
  • Population density per square kilometre205
  • Land area (square km)86.51
  • Age Characteristics
    Total population by age groups 17735
    0 to 4 years 1080
    5 to 9 years 1090
    10 to 14 years 1070
    15 to 19 years 1210
    15 years 230
    16 years 265
    17 years 250
    18 years 235
    19 years 235
    20 to 24 years 1065
    25 to 29 years 1085
    30 to 34 years 1155
    35 to 39 years 1235
    40 to 44 years 1405
    45 to 49 years 1505
    50 to 54 years 1565
    55 to 59 years 1165
    60 to 64 years 990
    65 to 69 years 750
    70 to 74 years 520
    75 to 79 years 395
    80 to 84 years 260
    85 years and over 175
    Median age of the population 39.5
    % of the population aged 15 and over 81.7
  • Marital Status
    Total population 15 years and over by marital status 14490
    Married or living with a common-law partner 8990
    Married (and not separated) 7760
    Living common-law 1230
    Not married and not living with a common-law partner 5500
    Single (never legally married) 3570
    Separated 445
    Divorced 835
    Widowed 650
    Family Characteristics
    Total number of census families in private households 5260
    Size of census family: 2 persons 2455
    Size of census family: 3 persons 1210
    Size of census family: 4 persons 1180
    Size of census family: 5 or more persons 405
    Total number of census families in private households 5255
    Total couple families by family structure and number of children 4430
    Married couples 3815
    Without children at home 1575
    With children at home 2240
    1 child 830
    2 children 1040
    3 or more children 370
    Common-law couples 615
    Without children at home 380
    With children at home 235
    1 child 125
    2 children 85
    3 or more children 30
    Total lone-parent families by sex of parent and number of children 825
    Female parent 650
    1 child 395
    2 children 205
    3 or more children 55
    Male parent 170
    1 child 110
    2 children 50
    3 or more children 10
    Total children in census families in private households 5735
    Under six years of age 1275
    6 to 14 years 1935
    15 to 17 years 705
    18 to 24 years 1215
    25 years and over 595
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 17705
    Number of persons not in census families 2285
    Living with relatives 390
    Living with non-relatives only 480
    Living alone 1415
    Number of census family persons 15425
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 2105
    Number of persons not in census families aged 65 years and over 695
    Living with relatives 130
    Living with non-relatives only 50
    Living alone 515
    Number of census family persons aged 65 years and over 1405
    Total number of private households by household type 6720
    Census-family households 5095
    One-family-only households 4620
    Couple-family households 3960
    Without children 1740
    With children 2220
    Lone-parent-family households 655
    Other family households 475
    One-family households with persons not in a census family 330
    Couple-family households 235
    Without children 85
    With children 150
    Lone-parent-family households 95
    Two-or-more-family households 150
    Non-census-family households 1625
    One-person households 1415
    Two-or-more-person households 210
    Total number of occupied private dwellings by structural type of dwelling 6720
    Single-detached house 3115
    Apartment, building that has five or more storeys 30
    Movable dwelling 180
    Other dwelling 3395
    Semi-detached house 180
    Row house 1235
    Apartment, duplex 650
    Apartment, building that has fewer than five storeys 1320
    Other single-attached house 5
    Total number of private households by household size 6720
    1 person 1415
    2 persons 2325
    3 persons 1195
    4 persons 1190
    5 persons 390
    6 or more persons 200
    Number of persons in private households 17705
    Average number of persons in private households 2.6
Census 2011

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