{"id":1317,"date":"2022-01-19T10:00:00","date_gmt":"2022-01-19T18:00:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-maple-ridge-central-detached-stand-alone-family-realtor-royal-lepage-sterling-supply-demand-sellers-market-price-increase-buy-sell-ensuite-bedrooms-kitchen-fenced-yar\/"},"modified":"2026-04-08T09:24:07","modified_gmt":"2026-04-08T16:24:07","slug":"rod-rhea-ryan-hayes-neighbourhood-maple-ridge-central-detached-stand-alone-family-realtor-royal-lepage-sterling-supply-demand-sellers-market-price-increase-buy-sell-ensuite-bedrooms-kitchen-fenced-yar","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/rod-rhea-ryan-hayes-neighbourhood-maple-ridge-central-detached-stand-alone-family-realtor-royal-lepage-sterling-supply-demand-sellers-market-price-increase-buy-sell-ensuite-bedrooms-kitchen-fenced-yar\/","title":{"rendered":"Maple Ridge Sales December 2021 vs 2020- A Market On The Rise"},"content":{"rendered":"
Benchmark prices up accross the board, between 24.3% - 28.5%

In March benchmark prices for detached homes passed the million mark for the first time. 
Two months later, in May, the benchmark price passed $1,100,000.
Six months later the benchmark price for detached homes has broken $1,200,000.

In the last 30 days the benchmark price for detached homes has risen $50,200.
<\/strong>The question now becomes if detached homes will break the $1,300,000 mark in the coming months.<\/span>

April: $972,600
March: $1,043,900<\/strong>
April: $1,098,700
May: $1,121,500<\/strong>
June: $1,131,000
July: $1,129,900
August: $1,138,700
September: $1,149,900
October: $1,176,600
November: $1,204,000
<\/strong>December: $1,254,200

Compared to December 2020 the benchmark price for detached homes in Maple Ridge has increased $348,900.
<\/strong>

<\/pre>\n
Supply continued to decrease for the fourth month in a row.
Detached homes saw a 51.8% decrease in supply over the last 30 days. Condos saw a 22% decline.
 After seeing a slight increase in supply in November, townhouses saw a 55.2% decrease in supply during December. 
Compared to the same time in 2020 supply is down across the board between 58-72.9%<\/strong>

The last quarter has proven a trend of rapidly increasing prices; a large number of buyers are competing for fewer and fewer homes.
This is not forecasted to change in the beginning of 2022.<\/span>

While December was an active month for the market, sales were down compared to November 2021 due to lack of supply.
Detached: -18.1%
Condo: -10.2%
Townhouse: -63%

<\/pre>\n
\"maple<\/p>\n
 <\/pre>\n","protected":false},"excerpt":{"rendered":"
Benchmark prices up accross the board, between 24.3% – 28.5%In March benchmark prices for detached homes passed the million mark for the first time. Two months …<\/p>\n","protected":false},"author":2,"featured_media":2374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t