Maple Ridge Sales November 2020 vs 2019 -Continued low supply & increased pricing

Benchmark prices up accross the board, between 5.5-11.7%
The benchmark price for a detached home in Maple Ridge is stronger than the same time the previous year for a eleventh consecutive month.
Detached home benchmark pricing was $94,400 higher than the same time in 2019.
Supply has decreased between 11.5-39.4% leading to lower days on market for all sales.

Sales increase between 5.2-26.3% as more buyers compete for fewer homes.


Detached home prices have increased steadily month over month for the entirety of 2020;
December (2019): $808,000
January: $809,800
February: $824,900
March: $835,100
April: $844,500
May: $848,700
June: $854,700
July: $854,700
August: $857,200
September: $868,000
October: $884,200
November: $887,900

 

 

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