West Central, Maple Ridge Townhouse Market Report – March 2022

In March 2022, the West Central, Maple Ridge townhouse real estate market is classified as a Balanced Market with an absorption rate of 18.5%. The market in West Central, Maple Ridge is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

5 townhouse properties sold in West Central, Maple Ridge during March 2022 based on MLS® records. There were 27 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 West Central, Maple Ridge in March 2022 was $797,820. Sold prices ranged from $620,000 to $999,000. Data is sourced from MLS® board records.

In March 2022, townhouse properties in West Central, Maple Ridge averaged 9 days on the market before selling. With an absorption rate of 18.5%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in West Central, Maple Ridge in March 2022 was $797,820, up 25.4% year-over-year compared to March 2021 ($636,405). Sales volume was down 75% compared to the same month last year. Data is sourced from MLS® sold records.