Southwest Maple Ridge, Maple Ridge Townhouse Market Report – October 2021

In October 2021, the Southwest Maple Ridge, Maple Ridge townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 33.3%. It is currently a strong seller's market in Southwest Maple Ridge, Maple Ridge, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

3 townhouse properties sold in Southwest Maple Ridge, Maple Ridge during October 2021 based on MLS® records. There were 9 active listings at the start of the month. A total of 3 new listings came to market during the month.

The average townhouse sold price in Southwest Maple Ridge, Maple Ridge in October 2021 was $508,367. Sold prices ranged from $370,000 to $725,100. Data is sourced from MLS® board records.

In October 2021, townhouse properties in Southwest Maple Ridge, Maple Ridge averaged 9 days on the market before selling. With an absorption rate of 33.3%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Southwest Maple Ridge, Maple Ridge in October 2021 was $508,367, up 0.5% year-over-year compared to October 2020 ($505,725). Sales volume was down 25% compared to the same month last year. Data is sourced from MLS® sold records.