Maple Ridge Market:

January 2026 vs 2025

Maple Ridge continues to be hit hard

Prices are down, & sales hit multi-year lows for 2/3 of the market. 

Condos remain the most stable.

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:

1. How statistics stack up to the previous month's activity.
2. Where we are standing compared to the same time period in 2023.
3. Larger market trends.

•••

Maple Ridge Benchmark Price Overview:

1. In 2025 the longest sustained period of benchmark increases was 3 consecutive months.
2. For Maple Ridge 2025 was a market split in half. The year started strong , but by late spring it had fully shifted
1. Townhouses saw their benchmark peak in March. Detached homes saw theirs in April and condos in June.
2. Since their individual peaks through to January the mark has varied:
• Condos saw 4 back-to-back months of decline before bouncing back. Perhaps the most volatile section of the market. Currently just under 20k below its peak.
• Townhouses have had an overall downward trajectory, but prices have bounced up and down month over month...always dropping more than they increased the month before.
• Aside from a minor uptick in January, it has been all downhill for detached homes.

•••

Overall Supply & Sales Update:

 
Compared to the same time last year supply varies:

• Detached: -2.1%
• Condo: -28.9%
• Townhouse: +44.8%

When January supply is compared to December:

• Detached: Exact same supply
• Condo: 12 less listings than in December
• Townhouse: 3 less listing than in December 

Compared January 2024 sales vary. 

• Detached: -27.1%
• Condo: +6.3%
• Townhomes: -41.4%

When January is compared to December sales have varied:

• Detached: 5 less sale than December
• Condo: exact same number of sales
• Townhouse: 4 less sales than December

Overall Sales & Supply At A Glance:

1. 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.
2. Yes, supply is varied compared to January 2025…but it is still high, despite the recent reduction, compared to a historical norm.
3. Gains have been made, but for prices to bounce back supply still needs to be significantly reduced.

Buyer friendly conditions remain, but supply has made meaningful progress towards a balanced correction.

•••

Detached Market Update:

1. Since the 2025 peak in April of last year the detached benchmark has been trending downwards. January was the first month of reprieve, and it only increased $900.
2. The January 2026 benchmark for detached homes is now $46,400 below January 2025.
• Jan 2026 is $78,500 below the 2025 peak.
• Prices are now getting close to a 3 year low.
• For 8 consecutive months of 2023 the benchmark price outperformed Jan 2026.
3. In 2025 the benchmark price only cracked $1,300,000 once. In 2024 it passed 1.3 for 3 months.
4. A supply explosion first started in March 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.
5. January was the slowest recorded month for sales in available stats. So, it was the slowest month since at least April 2015.
• January 2019 comes the closet to January with 1 more sale.
6. May 2025 was the sales peak for a single month with the last 12 months. May 2025 saw 36 more sales. More than double January 2026.
7. Although a supply reduction was able to temporarily stabilize the benchmark price January’s record low sales will be a stumbling block in prices holding moving forward. If buyers don’t begin to return in February prices may be ready to dip further.

Detached Home Benchmark Pricing:

1. January: $1,272,200
2. February: $1,284,600
3. March: $1,287,800
4. April: $1,304,200
5. May: $1,287,300
6. June: $1,282,700
7. July: $1,266,000
8. August: $1,255,400
9. September: $1,253,800
10. October: $1,239,300 
11. November: $1,237,600
12. December: $1,224,800
13. January: $1,225,700-lowest since March 2023 (34 month low)

•••

Townhouse Market Update:

1. 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.
2. The January 2026 benchmark is now $66,300 below January 2025.
• The lowest benchmark since February 2023 (35 months)
3. In the last 30 days the benchmark has decreased by $18,800.
• It is now $67,900 below the 2025 peak.
• August was the last month to see a benchmark increase.
4. 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 January 2026’s supply was still inflated by 58 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.
5. November and December 2025 tied for the slowest sales month of the year, and January 2026 saw 4 less sales than both months.
• January was the slowest month since January 2023. A 3 year low for activity.
• June was the busiest month for 2025 with 38 sales. January 2026 had 21 less sales.
6. The benchmark price now sits just shy of a 3-year low, sales are at a 3-year low, and supply still remain extremely inflated compared to December 2024. If spring doesn’t bring the return of buyers new lows may be ahead.

Townhouse Benchmark Pricing:

1. January: $785,700
2. February: $789,300
3. March: $793,500
4. April: $781,400
5. May: $784,400
6. June: $773,300
7. July: $773,100
8. August: $777,100
9. September: $760,700
10. October: $750,600
11. November: $732,800
12. December: $744,400
13. January: $725,600

•••

Summary:

Since each segment of the market hit its 2025 peak Maple Ridge still seems to be facing a fairly strong correction. Prices remain under pressure, with sales at multi-year lows for detached homes and townhouses, while condos remain the most stable segment. Supply has eased somewhat from last fall but is still elevated compared to historical norms, keeping conditions buyer-favoured.

Detached homes are near three-year lows, with the January benchmark at $1,225,700—$46,400 below last year and $78,500 under the 2025 peak. Sales hit a record-low month, raising concerns about price stability without renewed demand. Townhouses also sit near three-year lows at $725,600, with weak sales and supply still high despite recent reductions. Condos show modest resilience, with lower supply and stable prices supporting early signs of balance.

Overall, Maple Ridge remains a buyer-friendly market. Prices may stabilize if spring brings more buyers, but detached homes and townhouses remain vulnerable to further declines.

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