Cottonwood MR, Maple Ridge House Market Report – May 2023

Cottonwood MR is an active house market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Cottonwood MR based on MLS® data.

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15
Units Sold
$1,389,593
Avg Sold Price
21d
Avg Days on Market
Buyer's Market
Market Condition
230 active at start of month 21 new listings Absorption rate: 6.5% Highest sold: $1,800,000 Lowest sold: $1,120,000

How Does May 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2023 (this report) 15 $1,389,593 21d
April 2023 month prior 16 -6.3% $1,250,188 +11.2% 27d -22.2%
May 2022 year ago 10 +50% $1,448,900 -4.1%

3-Year Price Trend — Cottonwood MR, Maple Ridge House

The Cottonwood MR, Maple Ridge house real estate market was a Buyer's Market in May 2023, with 230 active listings at the start of the month, 15 properties sold, an average sold price of $1,389,593, properties averaging 21 days on market, an absorption rate of 6.5%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Cottonwood MR, Maple Ridge specialist
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Frequently Asked Questions — Cottonwood MR, Maple Ridge May 2023

In May 2023, the Cottonwood MR, Maple Ridge house real estate market is classified as a Buyer's Market with an absorption rate of 6.5%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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