{"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":"<pre style=\"text-align: center;\">Benchmark prices up accross the board, between 24.3% - 28.5%<br \/><br \/>In March benchmark prices for detached homes passed the million mark for the first time. <br \/>Two months later, in May, the benchmark price passed $1,100,000.<br \/>Six months later the benchmark price for detached homes has broken $1,200,000.<br \/><br \/><strong>In the last 30 days the benchmark price for detached homes has risen $50,200.<br \/><\/strong><span style=\"text-decoration: underline;\">The question now becomes if detached homes will break the $1,300,000 mark in the coming months.<\/span><br \/><br \/>April: $972,600<br \/><strong>March: $1,043,900<\/strong><br \/>April: $1,098,700<br \/><strong>May: $1,121,500<\/strong><br \/>June: $1,131,000<br \/>July: $1,129,900<br \/>August: $1,138,700<br \/>September: $1,149,900<br \/>October: $1,176,600<br \/><strong>November: $1,204,000<br \/><\/strong>December: $1,254,200<br \/><br \/><strong>Compared to December 2020 the benchmark price for detached homes in Maple Ridge has increased $348,900.<br \/><\/strong><br \/><br \/><\/pre>\n<pre style=\"text-align: center;\">Supply continued to decrease for the fourth month in a row.<br \/>Detached homes saw a 51.8% decrease in supply over the last 30 days. Condos saw a 22% decline.<br \/> After seeing a slight increase in supply in November, townhouses saw a 55.2% decrease in supply during December. <br \/><strong>Compared to the same time in 2020 supply is down across the board between 58-72.9%<\/strong><br \/><br \/><span style=\"text-decoration: underline;\">The last quarter has proven a trend of rapidly increasing prices; a large number of buyers are competing for fewer and fewer homes.<br \/>This is not forecasted to change in the beginning of 2022.<\/span><br \/><br \/>While December was an active month for the market, sales were down compared to November 2021 due to lack of supply.<br \/>Detached: -18.1%<br \/>Condo: -10.2%<br \/>Townhouse: -63%<br \/><br \/><\/pre>\n<p><img decoding=\"async\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/maple_g.jpg\" alt=\"maple g\" \/><\/p>\n<pre style=\"text-align: center;\">&nbsp;<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Benchmark prices up accross the board, between 24.3% &#8211; 28.5%In March benchmark prices for detached homes passed the million mark for the first time. Two months &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1317","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\/1317","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=1317"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1317\/revisions"}],"predecessor-version":[{"id":3107,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/1317\/revisions\/3107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2374"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=1317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=1317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=1317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}