Pitt Meadows Sales November 2020 vs 2019 - Massive Condo & Townhouse Sales Increase

Benchmark prices are up across the board, between 3.8-13.5% over thier 2019 counterparts. 
During November detached home's benchmark pricing jumped up $15,600 compared to October 2020.
This marks the sixth consecutive month over month increase for 2020 detached home pricing;

May: $920,500
June: $925,900
July: $932,600
August: $942,900
September: $959,900
October: $974,800
November: $990,400

Supply has decreased accross the board when compared to the same time in 2019; between 4.3-47.3%
Sales for condos and townhomes have increased 183.3% & 240% respectively; while sales for detached homes have decreased 15.4%

Snapshot:
Detached homes increase in value while sales decrease.
Condos & townhomes sales more than double compared to November 2019

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