{"id":1230,"date":"2022-07-18T07:30:00","date_gmt":"2022-07-18T14:30:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-maple-ridge-central-detached-stand-alone-family-royal-lepage-supply-sales-decrease-demand-sellers-buyer-market-pricing-mortgage-interest-rates-bank-central\/"},"modified":"2026-04-08T09:23:32","modified_gmt":"2026-04-08T16:23:32","slug":"realtor-rod-rhea-ryan-hayes-neighbourhood-maple-ridge-central-detached-stand-alone-family-royal-lepage-supply-sales-decrease-demand-sellers-buyer-market-pricing-mortgage-interest-rates-bank-central","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/realtor-rod-rhea-ryan-hayes-neighbourhood-maple-ridge-central-detached-stand-alone-family-royal-lepage-supply-sales-decrease-demand-sellers-buyer-market-pricing-mortgage-interest-rates-bank-central\/","title":{"rendered":"Maple Ridge Sales June 2022 vs 2021- Prices Edge Down"},"content":{"rendered":"<pre style=\"text-align: center;\">Benchmark prices up accross the board, between 20.3%-25.6% compared to June 2021.<br \/><br \/><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: 14px;\">Detached Market:<\/span><\/strong><\/span><strong><br \/><br \/>After a continual rise in prices for 2 years and 7 month, June marks the second consecutive month of pricing decrease.<br \/><\/strong><span style=\"text-decoration: underline;\">The last time the benchmark decreased was in October 2019.<\/span><strong> <br \/><br \/><\/strong>The June benchmark for detached homes is still $232,400 higher than its 2021 counterpart. <br \/><br \/>April: $1,469,900<br \/>May: $1,438,500 <br \/>June: $1,379,700<br \/><br \/>The benchmark price decreased $58,800 in the last 30 days. <br \/><br \/><span style=\"text-decoration: underline; font-size: 14px;\"><strong>Supply:<\/strong><\/span><br \/><br \/>In June detached homes saw 31 more listings than May 2022, and a 49.1% increase over the same time last year.<br \/>Condos saw 2 fewer listings than May 2022, and a 29% supply increase over June 2021.<br \/>Townhouses 6 less listing than May 2022. However, supply has still blown past May 2021 by a massive 96.6%<br \/><br \/><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: 14px;\">Sales:<\/span><\/strong><\/span><br \/><br \/>Sales are down accross the board between 18.4%-54.5% when compared to the same time in 2021.<br \/>Sales are also down across the board compared to May 2022 with detached homes being hit the hardest.<br \/>There were 23 less sales for detached homes in June than there were in May. <br \/><br \/><br \/><span style=\"text-decoration: underline; font-size: 14px;\"><strong>Townhouse Market:<\/strong><\/span><br \/><br \/><strong>Townhouse benchmark prices drcreased for the third consecutive month.<\/strong><br \/>Townhouse benchmark pricing is down $26,000 in the last 30 days,<br \/>&amp; nearly $50,000 in the last 60 days. <br \/><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><span style=\"font-size: 14px;\"><strong>SNAPSHOT:<\/strong> <br \/><br \/><\/span><\/span><span style=\"font-size: 14px;\"> Number of Sales Down. Pricing Decrease. Increased Detached Listings.<br \/><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/maple_ridge.jpg\" alt=\"maple ridge\" \/> <br \/><\/span><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices up accross the board, between 20.3%-25.6% compared to June 2021.Detached Market:After a continual rise in prices for 2 years and 7 month, June marks &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-area-statistics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/comments?post=1230"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1230\/revisions"}],"predecessor-version":[{"id":3037,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1230\/revisions\/3037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2356"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}