Cottonwood MR, Maple Ridge Townhouse Market Report – May 2022

Q: How many homes sold in Cottonwood MR, Maple Ridge in May 2022?

10 townhouse properties sold in Cottonwood MR, Maple Ridge during May 2022 based on MLS® records. There were 82 active listings at the start of the month. A total of 31 new listings came to market during the month.

Q: What is the average home price in Cottonwood MR, Maple Ridge?

The average townhouse sold price in Cottonwood MR, Maple Ridge in May 2022 was $803,475. Sold prices ranged from $615,000 to $980,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Cottonwood MR, Maple Ridge?

In May 2022, townhouse properties in Cottonwood MR, Maple Ridge averaged 10 days on the market before selling. With an absorption rate of 12.2%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Cottonwood MR, Maple Ridge market changed compared to last year?

The average townhouse sold price in Cottonwood MR, Maple Ridge in May 2022 was $803,475, up 10.9% year-over-year compared to May 2021 ($724,588). Sales volume was down 37.5% compared to the same month last year. Data is sourced from MLS® sold records.

Cottonwood MR is an active townhouse 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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Units Sold

$803,475

Avg Sold Price

10d

Avg Days on Market

Balanced Market

Market Condition

82 active at start of month 31 new listings Absorption rate: 12.2% Highest sold: $980,000 Lowest sold: $615,000

How Does May 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2022 (this report)	10	$803,475	10d
April 2022 month prior	17 -41.2%	$871,729 -7.8%	9d +11.1%
May 2021 year ago	16 -37.5%	$724,588 +10.9%	—

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

The Cottonwood MR, Maple Ridge townhouse real estate market was a Balanced Market in May 2022, with 82 active listings at the start of the month, 10 properties sold, an average sold price of $803,475, properties averaging 10 days on market, an absorption rate of 12.2%. All data is sourced from MLS® sold records.

Recently Sold in Cottonwood MR, Maple Ridge

23709 111a Avenue

Sold $890,000

4 bd • 3 ba • Townhouse

23539 Gilker Hill Road

Sold $840,000

4 bd • 4 ba • Townhouse

11720 Cottonwood Drive

Sold $855,000

4 bd • 4 ba • Townhouse

24076 112 Avenue

Sold $860,000

4 bd • 4 ba • Townhouse

11272 240 Street

Sold $890,000

4 bd • 4 ba • Townhouse

11461 236 Street

Sold $955,000

4 bd • 4 ba • Townhouse

Active Listings in Cottonwood MR, Maple Ridge

11588 232 Street

$600,000

2 bd • 2 ba • Townhouse

11870 232 Street

$711,888

3 bd • 3 ba • Townhouse

11588 232 Street

$679,900

4 bd • 2 ba • Townhouse

23575 119 Avenue

$619,900

3 bd • 2 ba • Townhouse

11176 Gilker Hill Road

$869,900

4 bd • 4 ba • Townhouse

23580 Dewdney Trunk Road

$469,900

2 bd • 2 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Cottonwood MR, Maple Ridge specialist

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Related: Cottonwood MR, Maple Ridge Townhouse Archive → Live Market Stats → Maple Ridge Reports → All BC Reports →

Frequently Asked Questions — Cottonwood MR, Maple Ridge May 2022

Is it a good time to buy in Cottonwood MR, Maple Ridge? −

In May 2022, the Cottonwood MR, Maple Ridge townhouse real estate market is classified as a Balanced Market with an absorption rate of 12.2%. 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.

How many homes sold in Cottonwood MR, Maple Ridge in May 2022? +

What is the average home price in Cottonwood MR, Maple Ridge? +

How long are homes sitting on the market in Cottonwood MR, Maple Ridge? +

How has the Cottonwood MR, Maple Ridge market changed compared to last year? +

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.