Maple Ridge Market:
February 2026 vs 2025
Maple Ridge begins to find its footing
Prices increase for 2/3 of the market, & sales jump up from January's multi-year lows
Detached homes face an uncertain spring
Looking for an accurate picture of where the real estate market is headed?
Today we dive in and take a deeper look at the Maple Ridge market as a whole:
- A full overview & an in depth look at detached homes and townhouses. Both focusing on:
- How statistics stack up to the previous month's activity.
- Where we are standing compared to the same time period in 2023.
- Larger market trends.
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Maple Ridge Benchmark Price Overview:
- For Maple Ridge 2025 was a market split in half. The year started strong , but by late spring it had fully shifted
- Townhouses saw their benchmark peak in March. Detached homes saw theirs in April and condos in May.
- Since their individual peaks through to February the mark has varied:
- In the last 9 months the benchmark price has decreased, month-over-month, six times making condos, perhaps, the most volatile section of the market. There simply does not seem to be a pattern emerging with each month bringing a new trajectory. However, the current benchmark is only $12,400 below its 2025 peak.
- June through October the townhouse benchmark price tumbled. And since then, we have entered a yo-yo pattern; up one month, down the next. Since the March 2024 peak January represented the lowest point for the benchmark price.
- After peaking in April detached homes saw 8 straight months of pricing decreases, followed by an extremely minor $900 increase in January…followed by a substantial drop in February. Out of all three segments of the market detached homes are under the most consistent downward pressure.
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Overall Supply & Sales Update:
Compared to the same time last year supply varies:
- Detached: -2.7%
- Condo: -19.7%
- Townhouse: +25.7%
When February supply is compared to January:
- Detached: 8 more listings than in January
- Condo: 16 more listings than in January
- Townhouse: 1 less listing than in January
Compared February 2025 sales are down.
- Detached: -7.3%
- Condo: -42.9%
- Townhomes: -15.8%
When February is compared to January sales have varied:
- Detached: 16 more sale than Janary
- Condo: 3 more sales than January
- Townhouse: 15 more sales than January
Overall Sales & Supply At A Glance:
- Between October 2025 and January 2026 there was a large reduction in supply. During that period detached supply was reduced by 161, condos by 54, and townhouses by 36. But February brought a supply increase to 2/3 of the market erasing a portion of the postive progress made. Detached homes saw 5% of their supply decrease vanish and condos saw 30%.
- Compared to February 2024 supply may appear to have reduced, but a heightened supply was already here by February of last year.
- While sales have shown a strong month-over-month increase January was historically poor, so the increase simply brings the line relatively back to normal.
Buyer friendly conditions remain, although sales increased in February...so did the number of listings.
•••
Detached Market Update:
- Since the 2025 peak in April of last year the detached benchmark has been trending downwards. In the last 10 months the only increase it has seen is $900.
- The February 2026 benchmark for detached homes is now $82,300 below February 2025.
- Feb 2026 is $102,100 below the 2025 peak.
- Prices are now just shy of a 3 year low.
- For 9 consecutive months of 2023 the benchmark price outperformed Feb 2026.
- A supply explosion first started in March 2025 and lasted for 4 months ballooning active listings by 184. December and January are the first two months to see supply return to March levels...but Feb saw a new supply increase.
- After the slowest recorded month for sales in available stats (back to April 2015) February saw an increase...but it wasn't exponential and came at the cost of the benchmark price.
- As predicted last months record low sales was a stumbling block for the benchmark price. This month increasing supply will put downward pressure on prices...however increased sales will help balance the negative impact caused by supply creating more balanced circumstances than were present in Jan.
Detached Home Benchmark Pricing:
- March: $1,287,800
- April: $1,304,200
- May: $1,287,300
- June: $1,282,700
- July: $1,266,000
- August: $1,255,400
- September: $1,253,800
- October: $1,239,300
- November: $1,237,600
- December: $1,224,800
- January: $1,225,700
- February: $1,202,100-lowest since March 2023 (35 month low)
•••
Townhouse Market Update:
- Until September 2025 the benchmark price had fluctuated in the same $20,000 window for 12 months. In the four months since September the benchmark has fallen $35,100. February was the first benchmark increase in six months.
- The February 2026 benchmark is now $60,000 below February 2025.
- The lowest benchmark since March 2023 (35 months)
- In the last 30 days the benchmark has increased by $8,400.
- It is now $59,500 below the 2025 peak.
- Supply for townhouses peaked last June with 167 active listings.
- Before active listings began to exponentially increase supply was at 68 in December of 2024 meaning February 2026’s supply was still inflated by 59 listings.
- Supply only broke 100 once in 2023 and 8 times in 2024. In 2025 supply only dropped below 100 twice and one of those months was 98.
- At this point the new normal is supply in excess of 100.
- Supply is now 40 active listings below its peak.
- After January was the slowest month for sales in 3 years February saw a bug jump in the right direction, with just 6 less sales than the busiest month in 2025.
- The benchmark price now sits just shy of a 3-year low (but it did see an increase), sales have rebounded, and supply remains extremely inflated compared to December 2024.
- If buyers remain active and supply continues to hold rather than increase the townhouse market may be in for a fairly traditional spring that, in this case, could hold potential to bringing balance back to this sector of the market.
Townhouse Benchmark Pricing:
- March: $793,500
- April: $781,400
- May: $784,400
- June: $773,300
- July: $773,100
- August: $777,100
- September: $760,700
- October: $750,600
- November: $732,800
- December: $744,400
- January: $725,600
- February: $734,000
•••
Summary:
Since each segment of the market reached its 2025 peak, Maple Ridge has been gradually adjusting, with detached homes facing the most consistent pressure while townhouses and condos show more encouraging signs. Supply eased significantly between October and January before rising slightly again in February, while sales rebounded month-over-month across all segments, even though they remain lower compared to last year. Overall conditions still lean buyer-friendly, but recent activity suggests the market may be beginning to find balance.
Detached homes remain on the most uneasy footing. The February benchmark fell to $1,202,100, down $82,300 from February 2025 and $102,100 below the 2025 peak, placing prices at a 35-month low. Sales improved from January’s record-slow month, but rising listings and the lingering effects of weak winter demand continue to place downward pressure on pricing.
Townhouses are showing the most promising signs of recovery. The benchmark rose in February to $734,000, the first increase in six months, even as it remains about $60,000 below February 2025 and $59,500 below the 2025 peak. Sales surged compared to January and are now approaching last year’s stronger months, suggesting buyers may be re-engaging as prices stabilize.
Condos continue to sit in the middle ground of the market. Prices have been more volatile month-to-month, but the benchmark remains only $12,400 below the 2025 peak, making it the most stable segment overall. Sales improved slightly from January, though they remain lower year-over-year.
Overall, Maple Ridge remains a buyer-favoured market, but February delivered some early positives. With sales rebounding from January and benchmarks rising in the townhouse and condo markets, the spring market could bring improved balance if buyer activity continues to build.
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