Maple Ridge Townhouse Market Report – July 2021

In July 2021, the Maple Ridge townhouse real estate market is classified as a Balanced Market with an absorption rate of 17.2%. The market in Maple Ridge is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

30 townhouse properties sold in Maple Ridge during July 2021 based on MLS® records. There were 174 active listings at the start of the month. A total of 38 new listings came to market during the month.

The average townhouse sold price in Maple Ridge in July 2021 was $716,283. Sold prices ranged from $418,000 to $935,000. Data is sourced from MLS® board records.

In July 2021, townhouse properties in Maple Ridge averaged 13 days on the market before selling. With an absorption rate of 17.2%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Maple Ridge in July 2021 was $716,283, up 31.3% year-over-year compared to July 2020 ($545,672). Sales volume was down 54.5% compared to the same month last year. Data is sourced from MLS® sold records.