Cottonwood MR, Maple Ridge Townhouse Market Report – July 2021

In July 2021, the Cottonwood MR, Maple Ridge townhouse real estate market is classified as a Balanced Market with an absorption rate of 16.3%. The market in Cottonwood MR, Maple Ridge is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

7 townhouse properties sold in Cottonwood MR, Maple Ridge during July 2021 based on MLS® records. There were 43 active listings at the start of the month. A total of 12 new listings came to market during the month.

The average townhouse sold price in Cottonwood MR, Maple Ridge in July 2021 was $712,486. Sold prices ranged from $489,500 to $875,000. Data is sourced from MLS® board records.

In July 2021, townhouse properties in Cottonwood MR, Maple Ridge averaged 9 days on the market before selling. With an absorption rate of 16.3%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Cottonwood MR, Maple Ridge in July 2021 was $712,486, up 26.5% year-over-year compared to July 2020 ($563,362). Sales volume was down 66.7% compared to the same month last year. Data is sourced from MLS® sold records.