Current:  Maple Ridge & Pitt Meadows are in a Stable Market with Average Listing inventories, a 15 %SOLD Rate and Sell Price/List Price = 96%
(Meaning there is an Average of a $34,000 Discount on a Sale from the List price)  

Most Active Range: Homes between $760,000 - $800,000 have 22.2 %SOLD Rate
Least Active Range: Homes above $1.3 mill. have 7.5 %SOLD Rate.

History: The Maple Ridge, Pitt Meadows Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $27,944.
                  The Maple Ridge, Pitt Meadows Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $6,970.
                      *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Maple Ridge & Pitt Meadows has normal Listing supply; 439 homes are for sale and with the 15 %SOLD Monthly Rate gives us a ~7 months of inventory.  Another Indicator: 21% of the Active listings have Reduced their Price by $30,851 on Average or $25,000 Median in the last month. We project Maple Ridge - Pitt Meadows Detached to continue into a Stable Market.

October's Real Estate Statistics show our Markets have started to Stablize with 48% of Vancouver's Detached Markets increasing values this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $7,184, which is less than the $9,914 decrease that we saw in the month prior. On Average, Out in the Fraser Valley, the Markets decreased $4,586 this month. Consumer confidence has been boosted with our new NAFTA-USMCA trade agreement but offset with the continued tougher mortgage lending rules and interest rate increases. We are still forecasting a Stable Market across most Detached Markets for the following month.

Currently, the Condo Market continues to present a Cool Market with 63% of the Greater Vancouver (Lower Mainland) now decreasing. At the same time, 61% of the Townhouse Markets are decreasing (11 out of 28 Markets). We are still forecasting a Buyer’s Market in all Condo/Townhouse Markets for the foreseeable future. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

• the Quick Reports for easy review
• the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
• Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!