{"id":306,"date":"2025-10-15T12:45:00","date_gmt":"2025-10-15T19:45:00","guid":{"rendered":"https:\/\/rodrhearyan.com\/blog\/maple-ridge-real-estate-september-2025-market-update-high-supply-soft-prices-r3\/"},"modified":"2026-04-08T09:23:01","modified_gmt":"2026-04-08T16:23:01","slug":"maple-ridge-real-estate-september-2025-market-update-high-supply-soft-prices-r3","status":"publish","type":"post","link":"https:\/\/www.rodrhearyan.com\/blog\/maple-ridge-real-estate-september-2025-market-update-high-supply-soft-prices-r3\/","title":{"rendered":"Maple Ridge Real Estate Market Update \u2013 September 2025: High Supply, Slow Sales, and Softer Prices"},"content":{"rendered":"<h2 style=\"text-align: center;\"><strong>Maple Ridge Market: <\/strong><\/h2>\n<h2 style=\"text-align: center;\"><strong>September 2025 vs 2024<\/strong><\/h2>\n<p style=\"text-align: center;\"><strong> <strong><img decoding=\"async\" title=\"Parkside Crescent Maple Ridge\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/parkside_crescent_mr.jpeg\" alt=\"Parkside Crescent Maple Ridge\" width=\"450\" \/><\/strong><br \/> <\/strong><\/p>\n<h2 style=\"text-align: center;\">A bumpy start to fall&#8230;<\/h2>\n<h3 style=\"text-align: center;\">Prices are down, supply remains high, and the number of sales dip.<strong><br \/><\/strong><\/h3>\n<p style=\"text-align: center;\"><strong>&nbsp;<\/strong><\/p>\n<p><strong>Looking for an accurate picture of where the real estate market is headed?<\/strong><\/p>\n<h3>&nbsp; Today we dive in and take a deeper look at the Maple Ridge market as a whole:<\/h3>\n<ul>\n<li>A full overview &amp; an in depth look at detached homes and townhouses. Both focusing on:<\/li>\n<\/ul>\n<ol start=\"1\">\n<ol start=\"1\">\n<li><strong>How statistics stack up to the previous month&#8217;s activity.<\/strong><\/li>\n<li><strong>Where we are standing compared to the same time period in 2023.<\/strong><\/li>\n<li><strong>Larger market trends.<\/strong><\/li>\n<\/ol>\n<\/ol>\n<p>&nbsp;<img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/mr.jpeg\" alt=\"mr\" width=\"450\" \/><\/p>\n<h3 style=\"text-align: center;\">&bull;&bull;&bull;<\/h3>\n<p>&nbsp;<\/p>\n<h3><strong>Maple Ridge Benchmark Price Overview:<\/strong><\/h3>\n<ol start=\"1\">\n<li>In 2025 the longest sustained period of benchmark increases was 3 consecutive months.<\/li>\n<li>Overall, the year started strong and by late spring the market had fully shifted<\/li>\n<ol start=\"1\">\n<li>Townhouses saw their benchmark peak in March. Detached homes saw theirs in April and condos in June.<\/li>\n<\/ol>\n<li>Compared to September 2024 benchmark prices are down between 1.5% &amp; 3.8%.<\/li>\n<\/ol>\n<p><strong>&nbsp;<\/strong><\/p>\n<p align=\"center\">&nbsp;<\/p>\n<h3 align=\"center\">&bull;&bull;&bull;<\/h3>\n<h3 style=\"text-align: left;\" align=\"center\"><strong>Overall Supply &amp; Sales Update:<\/strong><\/h3>\n<p style=\"text-align: left;\" align=\"center\">&nbsp;<br \/> Compared to the same time last year supply varies:<\/p>\n<ul style=\"text-align: left;\">\n<li><strong>Detached<\/strong>: +3.9%<\/li>\n<li><strong>Condo:<\/strong>&nbsp;-28.2%<\/li>\n<li><strong>Townhouse<\/strong>: +16.9%<\/li>\n<\/ul>\n<p style=\"text-align: left;\" align=\"center\"> When September supply is compared to August:<\/p>\n<ul style=\"text-align: left;\">\n<li><strong>Detached:<\/strong>&nbsp;14 less listings than in August<\/li>\n<li><strong>Condo:<\/strong> 22 less listings than in August<\/li>\n<li><strong>Townhouse:<\/strong>&nbsp;1 more listing than in August<\/li>\n<\/ul>\n<p style=\"text-align: left;\">&nbsp;<\/p>\n<p style=\"text-align: left;\" align=\"center\">Compared September 2024 sales vary.&nbsp;<\/p>\n<ul style=\"text-align: left;\">\n<li><strong> Detached:<\/strong>&nbsp;-25%<\/li>\n<li><strong> Condo:<\/strong> +27.3%<\/li>\n<li><strong> Townhomes<\/strong>: -25.7%<\/li>\n<\/ul>\n<p style=\"text-align: left;\" align=\"center\">&nbsp;<\/p>\n<p style=\"text-align: left;\" align=\"center\">When September is compared to August sales have decreased:<\/p>\n<ul>\n<li style=\"text-align: left;\"><strong> Detached<\/strong>: 22 less sale than August<\/li>\n<li style=\"text-align: left;\"><strong> Condo:<\/strong> 8 less sales than August<\/li>\n<li style=\"text-align: left;\"><strong> Townhouse:<\/strong>&nbsp;2 less sale than August<\/li>\n<\/ul>\n<h3><strong>Overall Sales &amp; Supply At A Glance:<\/strong><\/h3>\n<ol start=\"1\">\n<li>Compared to 2024 supply has skyrocketed, and although it may have finally peaked&hellip;it does not seem to be in a hurry to return to a manageable level. And if buyers do not return to drive it down to more of a historical norm further price reductions may be in store for the remainder of 2025.<\/li>\n<li>Compared to September 2024 sales strength varies&#8230;but compared to August 2025 sales have decreased across the board: &amp; for detached homes fairly drastically. 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*\/\n table.MsoNormalTable\n\t{mso-style-name:\"Table Normal\";\n\tmso-tstyle-rowband-size:0;\n\tmso-tstyle-colband-size:0;\n\tmso-style-noshow:yes;\n\tmso-style-priority:99;\n\tmso-style-parent:\"\";\n\tmso-padding-alt:0cm 5.4pt 0cm 5.4pt;\n\tmso-para-margin-top:0cm;\n\tmso-para-margin-right:0cm;\n\tmso-para-margin-bottom:8.0pt;\n\tmso-para-margin-left:0cm;\n\tline-height:115%;\n\tmso-pagination:widow-orphan;\n\tfont-size:12.0pt;\n\tfont-family:\"Aptos\",sans-serif;\n\tmso-ascii-font-family:Aptos;\n\tmso-ascii-theme-font:minor-latin;\n\tmso-hansi-font-family:Aptos;\n\tmso-hansi-theme-font:minor-latin;\n\tmso-font-kerning:1.0pt;\n\tmso-ligatures:standardcontextual;\n\tmso-fareast-language:EN-US;}\n<\/style>\n\n\n<![endif]--><\/p>\n<h3 class=\"MsoNormal\" style=\"text-align: center;\"><strong>The summer ends with continued high supply, slow sales, &amp; softening prices as the market attempts to sell old stock before starting fresh.<\/strong><\/h3>\n<p>&nbsp;<img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Maple Ridge\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/maple_ridge.jpeg\" alt=\"Maple Ridge\" width=\"450\" \/><\/p>\n<h3 style=\"text-align: center;\">&bull;&bull;&bull;<\/h3>\n<h3><strong>Detached Market Update:<\/strong><\/h3>\n<ol start=\"1\">\n<li>For 8 of the last 12 months the benchmark price has fluctuated within a narrow $10,000 window.<\/li>\n<li>The September 2025 benchmark for detached homes is now $34,200 below September 2024.<\/li>\n<li>In the last 30 days the benchmark only decreased $1,600.<\/li>\n<ul>\n<li>While the rate of reduction has drastically declined it is the 5<sup>th<\/sup> straight month that the benchmark has trended downwards.<\/li>\n<\/ul>\n<li>In 2025 the benchmark price has only cracked $1,300,000 once. In 2024 it passed 1.3 for 3 months.<\/li>\n<li>The benchmark price is now $50,400 below the 2025 peak.<\/li>\n<li>November 2023 &ndash; January 2024 the benchmark was lower than it is currently. But for 6 months of 2023 the benchmark price outperformed September 2025<\/li>\n<li>A supply explosion first started in March and lasted for 4 months ballooning active listings by 184. The increase now accounts for 30% of current active listings.&nbsp;<\/li>\n<ul>\n<li>Although supply began to soften slightly in July, and we have now seen 3 months of downward motion, it still far outstrips the level of from February (481) before the increase started.&nbsp;<\/li>\n<\/ul>\n<li>While the number of sales has fluctuated all year September was the slowest month so far in 2025.<\/li>\n<ul>\n<li>September was one of the top 3 slowest months for sales since Jan 2020.<\/li>\n<li>May was the peak for sales in a single month this year. There were 29 more sales in May compared to September<\/li>\n<\/ul>\n<\/ol>\n<p style=\"text-align: center;\"><strong>The question now becomes&#8230;will oversupply coupled with record low sales push prices lower? Or has the benchmark finally come down enough to restore buyer confidence?&nbsp;<\/strong><\/p>\n<p><strong>Detached Home Benchmark Pricing:<\/strong><\/p>\n<ol>\n<li><strong> September<\/strong>: $1,288,000<\/li>\n<li><strong>October<\/strong>: $1,287,500<\/li>\n<li><strong>November<\/strong>: $1,283,200<\/li>\n<li><strong>December<\/strong>: $1,286,800<\/li>\n<li><strong>January<\/strong>: $1,272,200<\/li>\n<li><strong>February<\/strong>: $1,284,600<\/li>\n<li><strong>March<\/strong>: $1,287,800<\/li>\n<li><strong>April<\/strong>:<strong> $1,304,200<\/strong><\/li>\n<li><strong>May<\/strong>: $1,287,300<\/li>\n<li><strong>June:<\/strong> $1,282,700<\/li>\n<li><strong>July: <\/strong>$1,266,000<\/li>\n<li>August: $1,255,400<\/li>\n<li>September: $1,253,800 <strong>-lowest since Jan 2024 (20 months)<\/strong><\/li>\n<\/ol>\n<h3 style=\"text-align: center;\">&bull;&bull;&bull; <\/p>\n<\/h3>\n<h3><strong>Townhouse Market Update:<\/strong><\/h3>\n<ol start=\"1\">\n<li>Until September the benchmark price had fluctuated in the same $20,000 window for 12 months.<\/li>\n<li>The September 2025 benchmark is now $25,700 below September 2024.<\/li>\n<ul>\n<li>The lowest benchmark since February 2024 (19 months)<\/li>\n<li>The benchmark is now lower than it was for 7 months of 2023.<\/li>\n<\/ul>\n<li>I the last 30 days the benchmark has decreased $16,400.<\/li>\n<ul>\n<li>It is now $32,800 below the 2025 peak back in March.<\/li>\n<li>Since March the benchmark has fluctuated each month with no strong trend.<\/li>\n<li>However, April &amp; September both mark the largest 30-day shifts in 2025 and they were both downwards.<\/li>\n<\/ul>\n<li>A supply explosion first started in January and lasted for 6 months ballooning active listings by 99. The increase now accounts for 62% of current active listings.&nbsp;<\/li>\n<ul>\n<li>Although supply began to soften slightly in July, September is only 8 listings shy of the peak.<\/li>\n<li>&nbsp;Before active listings began to exponentially increase supply was at 68 in December of 2024.<\/li>\n<li>Peak supply for 2024 was 142 in July. Currently we are 17 listings above the 2024 peak.<\/li>\n<li>Supply only broke 100 once in 2023 and 8 times in 2024. Currently 2025 supply has only dropped below 100 twice and one of those months was 98.<\/li>\n<\/ul>\n<li>While the number of sales has been somewhat steady all year September was the slowest month so far in 2025 and the third consecutive month of decline. &nbsp;<\/li>\n<ul>\n<li>September was the slowest month since January 2024. In other words, it was the slowest sales month in 20 months.<\/li>\n<li>It was one of the top 5 slowest months in the last 2 years and 8 months.<\/li>\n<li>For 6 months of 2025 monthly sales were fluctuating in the 30s.<\/li>\n<li>June was the busiest month this year with 38 sales.<\/li>\n<li>For 5 months of 2024, and 4 months of 2023, there were more than 40 sales.<\/li>\n<\/ul>\n<\/ol>\n<p style=\"text-align: center;\"><strong>With supply stubbornly holding sky high and sales trending downwards&#8230;what will happen to the benchmark? Will it continue to drop? Or will buyers return to the market?&nbsp;<\/strong><\/p>\n<p><strong>Townhouse Benchmark Pricing:<\/strong><\/p>\n<ol>\n<li><strong> September<\/strong>: $786,400<\/li>\n<li><strong>October: <\/strong>$768,900<\/li>\n<li><strong>November<\/strong>: $774,500<\/li>\n<li><strong>December<\/strong>: $777,100<\/li>\n<li><strong>January<\/strong>: $785,700<\/li>\n<li><strong>February<\/strong>: $789,300<\/li>\n<li><strong>March<\/strong>: <strong>$793,500<\/strong><\/li>\n<li><strong>April<\/strong>: $781,400<\/li>\n<li><strong>May<\/strong>: $784,400<\/li>\n<li><strong>June:<\/strong> $773,300<\/li>\n<li><strong>July:<\/strong> $773,100<\/li>\n<li><strong>August:&nbsp;<\/strong>$777,100<\/li>\n<li><strong>September:<\/strong> $760,700<\/li>\n<\/ol>\n<p><strong><strong><br \/> <\/strong><\/strong><\/p>\n<h3 style=\"text-align: center;\">&bull;&bull;&bull;<\/h3>\n<p><img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"Maple Ridge Market Update September 2025\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/maple_ridge_market_update_september_2025.jpg\" alt=\"Maple Ridge Market Update September 2025\" width=\"720\" \/><\/p>\n<h3 style=\"text-align: center;\">Summary:<\/h3>\n<p>Maple Ridge&rsquo;s real estate market entered fall on uncertain footing. Prices continued to edge lower across most housing types as elevated supply met sluggish sales, signaling a market still working through its excess inventory.<\/p>\n<p><strong>Detached<\/strong> homes remain under the most pressure. September marked the fifth straight month of price declines and the slowest sales pace of 2025&mdash;among the weakest since early 2020. The benchmark now sits roughly $34,000 below last year and nearly $50,000 off spring&rsquo;s peak. Even with the rate of decline easing, detached listings remain elevated following this year&rsquo;s supply surge, which still accounts for nearly a third of active inventory.<\/p>\n<p><strong>Townhouses<\/strong> also softened. September&rsquo;s benchmark fell $16,400 to a 19-month low, sitting $25,700 below 2024 levels. Sales hit their lowest point in 20 months, and inventory&mdash;still up more than 60% year-over-year&mdash;shows little sign of easing.<\/p>\n<p><strong>Condos<\/strong>, though less volatile, reflected the broader cooling trend. While overall supply dipped compared to last year, demand has yet to recover, leaving market conditions firmly balanced.<\/p>\n<p>All told, <strong>September reaffirmed a defining theme of 2025: persistent supply, hesitant buyers, and fading momentum.<\/strong> After a spring marked by optimism, Maple Ridge has entered a phase of recalibration&mdash;one that will hinge on whether renewed demand can chip away at inventory before further price erosion sets in.<\/p>\n<p style=\"text-align: center;\">&nbsp;<a href=\"https:\/\/www.google.com\/maps\/place\/Rod,+Rhea+%26+Ryan+Hayes:+R3+Hayes+Real+Estate+Group:+Rod+Hayes+Personal+Real+Estate+Corporation\/@49.2428113,-122.7827703,17z\/data=!4m8!3m7!1s0x5486783c666d368d:0x2c9884010126a03!8m2!3d49.2428113!4d-122.7827703!9m1!1b1!16s%2Fg%2F1ts_690v?entry=ttu&amp;g_ep=EgoyMDI1MDIxMS4wIKXMDSoJLDEwMjExNDUzSAFQAw%3D%3D\">&nbsp;Our Google reviews will give you all the confidence you need!<\/a><\/p>\n<h3 style=\"text-align: center;\"><a href=\"https:\/\/www.rodrhearyan.com\/real-estate-top5-why-work-with-us-family-business-marketing-experience-expertise-local-neighbourhood-realtor-personal-royal-lepage-canadian-rod-rhea-ryan\"><strong>TOP 5 reasons to work with R3 Hayes Real Estate Group<\/strong><\/a><\/h3>\n<p><img decoding=\"async\" title=\"R3 Hayes Real Estate Group\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/banner.png\" alt=\"R3 Hayes Real Estate Group\" width=\"900\" \/><\/p>\n<h3 style=\"text-align: center;\">In a market full of noise and hesitation, <strong>we&rsquo;re the steady hand you can trust.<\/strong><br \/> Whether you&#8217;re planning ahead or ready to make a move, let&#8217;s talk strategy&mdash;<strong>we&rsquo;re here to help you come out ahead.<\/strong><\/h3>\n<p><img decoding=\"async\" style=\"display: block; margin-left: auto; margin-right: auto;\" src=\"https:\/\/rodrhearyan.com\/blog\/wp-content\/uploads\/2026\/04\/r3_logo.png\" alt=\"r3 logo\" width=\"100\" \/><\/p>\n<p style=\"text-align: center;\">R3 Hayes Real Estate Group &ndash; <strong><span style=\"font-size: 12px;\"><em>Your Neighbourhood Experts<\/em><\/span><\/strong><\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 12px;\"><em><strong>&nbsp; Call\/Text <\/strong><\/em><strong><span style=\"font-size: 12px;\">Ryan:<\/span><\/strong><\/span><\/strong><span style=\"font-size: 12px;\"><span style=\"font-size: 12px;\">&nbsp;<\/span><\/span><span style=\"font-size: 12px;\"><span style=\"font-size: 12px;\">604-561-2127<\/span><\/span><\/p>\n<p style=\"text-align: center;\"><strong>&nbsp;<span style=\"font-size: 12px;\"><a href=\"https:\/\/www.facebook.com\/RodRheaRyan\/\">Follow us on social media for more market updates!<\/a><\/span><\/strong><\/p>\n<h4 style=\"margin-bottom: 0cm; text-align: center;\"><a href=\"https:\/\/www.rodrhearyan.com\/testimonials\">Your Neighbourhood Experts<\/a><\/h4>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maple Ridge Market: September 2025 vs 2024 A bumpy start to fall&#8230; Prices are down, supply remains high, and the number of sales dip. &nbsp; Looking &hellip;<\/p>\n","protected":false},"author":2,"featured_media":2095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-306","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\/306","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=306"}],"version-history":[{"count":1,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/306\/revisions"}],"predecessor-version":[{"id":2713,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/posts\/306\/revisions\/2713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media\/2095"}],"wp:attachment":[{"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/media?parent=306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/categories?post=306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rodrhearyan.com\/blog\/wp-json\/wp\/v2\/tags?post=306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}