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
Keep up-to-date monthly on what is happening.
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Keller Williams Elite Realty
A123- 2099 Lougheed Hwy
Port Coquitlam, BC V3B 1A8
604-719-3805, 604-477-5501 (fax)
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