Maple Ridge / Pitt Meadows - What is happening in our market?

By
Real Estate Agent with Keller Williams Realty Temecula Valley

What is happening in our real estate market?

Maple Ridge and Pitt Meadows

Taking a look at the listings and sales over the past month or so in our area, it is interesting to see

Please note, that according to the National Association of Realtors (USA)

Buyers Market = More than 6 months of inventory

Balanced Market = Right around 6 months of inventory

Sellers Market = Less than 6 months of inventory

Taking the sales in January and February , 2010

(March numbers are not final for another couple weeks)

For Detached Homes only...

There were 180 homes that sold... which averages 90 per month...

Current Inventory is 569 Homes as of this morning.  (April 1, 2010)

Which gives us 6.3 months of inventory..

Indications right now are that we are in a "Balanced" market. 

 

 

Looking for a home in Maple Ridge or Pitt Meadows?

CLICK HERE---->> MAPLE RIDGE HOME SEARCH

CLICK HERE---->> PITT MEADOWS HOME SEARCH

 

 

Get a Market Snapshot of your Neighborhood!
Keep up-to-date monthly on what is happening.

 

 

 

Brought to you by...

Darren Revell and Gord Moman

REAL Pros Group

Keller Williams Elite Realty

A123- 2099 Lougheed Hwy

Port Coquitlam, BC  V3B 1A8

604-719-3805, 604-477-5501 (fax)

darren@darrenrevell.com     gord@topproducer.com

Each office of Keller Williams is independently owned and operated. 

This communication is not intended to cause or induce breach of an existing agency agreement.

 

 


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