Thornhill MR, Maple Ridge Market Report – May 2022

Thornhill is a scenic and elevated residential community in the upper reaches of Maple Ridge, BC, situated on the benchlands above the main urban area with views toward the Fraser River valley and Golden Ears mountain peaks. The neighbourhood features primarily detached single-family homes on generous lots, many backing onto forested areas and the greenbelt of Golden Ears Provincial Park. Dewdney Trunk Road connects Thornhill to the Maple Ridge town centre and commercial areas on Lougheed Highway. The area appeals to nature lovers, families, and buyers seeking privacy and acreage within a reasonable distance of the Westcoast Express and Highway 7. Thornhill offers a rural-residential lifestyle within Maple Ridge's growing real estate market.

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4
Units Sold
$1,749,028
Avg Sold Price
15d
Avg Days on Market
Buyer's Market
Market Condition
67 active at start of month 15 new listings Absorption rate: 6% Highest sold: $2,100,000 Lowest sold: $1,400,000

How Does May 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2022 (this report) 4 $1,749,028 15d
April 2022 month prior 4 +0% $2,605,025 -32.9% 25d -40%
May 2021 year ago 8 -50% $1,471,350 +18.9%

3-Year Price Trend — Thornhill MR, Maple Ridge

The Thornhill MR, Maple Ridge real estate market was a Buyer's Market in May 2022, with 67 active listings at the start of the month, 4 properties sold, an average sold price of $1,749,028, properties averaging 15 days on market, an absorption rate of 6%. 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 Thornhill MR, Maple Ridge specialist
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Frequently Asked Questions — Thornhill MR, Maple Ridge May 2022

In May 2022, the Thornhill MR, Maple Ridge real estate market is classified as a Buyer's Market with an absorption rate of 6%. 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: 06/04/2026   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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