Pitt Meadows Real Estate Market Update – August 2026
If you own a home in Pitt Meadows and you’re wondering what the market looks like heading into fall — here’s an honest, straightforward breakdown from someone who lives and works in this community every day.
Where Prices Stand Today
The benchmark price for all residential properties in Pitt Meadows is sitting at $857,700 — down about 4.2% compared to this time last year.
For detached homes specifically, the single-family benchmark in Pitt Meadows is $1.21 million — down 2.6% year-over-year, but still a meaningful discount to the $1.82 million detached benchmark across Greater Vancouver as a whole.
That gap is worth sitting with. Buyers priced out of Vancouver, Burnaby, and Coquitlam are still finding real value here — and with the Athletic Park expansion now underway, Pitt Meadows keeps adding reasons for people to want to live here.
What’s Happening Across Property Types
Here’s where each segment of the Pitt Meadows market stood in July:
Detached homes: averaging $1.41 million on 12 sales, spending about 35 days on market, and going for roughly $535 per square foot. There were 75 homes actively for sale and 24 new listings — a sales-to-active ratio of 0.16, meaning buyers still have plenty of room to shop.
Townhouses: averaging $738,000 on 6 sales, moving faster at around 16 days on market, and priced near $509 per square foot. Inventory sat at 39 active listings against 19 new ones, for a 0.15 sales-to-active ratio.
Condos: averaging $523,000 on 4 sales, sitting longer at 53 days on market, and priced around $521 per square foot. With 39 active listings and only 12 new ones, the condo segment is clearly the softest corner of the local market right now.
Zoom out to the region and the picture is similar. Greater Vancouver REALTORS® reported 2,061 residential sales in July — down 9.8% from a year earlier and 18.6% below the 10-year seasonal average — while active listings climbed to 16,476, nearly 27% above the historical norm. GVR chief economist Andrew Lis pointed to the pattern directly, noting that June’s apartment sales bump proved temporary once July’s numbers came in nearly 18% lower.
What This Means If You’re Thinking of Selling
This is not 2022. But it’s also not a bad time to sell — it’s a different time to sell, and that distinction matters.
Here’s what we’re seeing on the ground in Pitt Meadows:
Well-priced homes are still selling. Every property type above still recorded real sales in July — buyers have choice, but they’re still actively buying when a home is priced right.
Pitt Meadows remains a value play. With a detached benchmark around $1.21 million against $1.82 million regionally, and townhouses and condos priced well below the region’s averages too, buyers from across the Lower Mainland are still actively looking here.
Strategy beats hope. In a softer market, the difference between an average result and a great result comes down to pricing, timing, and marketing. Sitting on the market too long hurts your final number — especially in the condo segment, where days on market have stretched out.
The Bottom Line
If you’re thinking about selling in Pitt Meadows this fall, the window is open — but it rewards sellers who are prepared. Professional presentation, accurate pricing, and strong buyer reach make the difference.
I’ve been helping Pitt Meadows homeowners sell for over 17 years. If you’d like to know what your home is worth in today’s market, I’m happy to put together a no-obligation home evaluation.
[Get Your Free Home Evaluation →] HERE
Market data sourced from Greater Vancouver Realtors (GVR) Stats Centre. Updated August 2026.