May 2026 Market Update
Maple Ridge Real Estate Market Update
Maple Ridge recorded its lowest detached and townhome sales volumes ever for the month of May, even as townhouse benchmark prices nudged up.
Benchmark price (all types)
$907,600
▼ -1.3% MoM · ▼ -7.7% YoY
Area sales (all types)
139
Maple Ridge/Pitt Meadows combined · vs 149 in May 2025
New listings (all types)
364
Maple Ridge/Pitt Meadows combined · vs 481 in May 2025
Median detached price
$1,150,000
Maple Ridge/Pitt Meadows area, May 2026
Market Overview
What’s happening in Maple Ridge this month
May 2026 was a historically quiet month in Maple Ridge: detached and townhome sales volumes were the lowest ever recorded for the month of May. That slow pace is keeping pressure on prices — the benchmark detached price is now $1,205,200, down 6.3% from a year ago and 2.1% from April, while the composite benchmark across all home types sits at $907,600. Townhouses bucked the monthly price trend, edging up 0.5% to $727,300, and apartments held flat at $504,000. For buyers, this is about as much selection and negotiating room as Maple Ridge has ever offered in a spring market. For sellers, it means accurate pricing and strong presentation aren’t optional — the homes that sell in this market are the ones priced for it.
Supply & Demand
Sales-to-new listings ratio
Maple Ridge is in buyer’s market territory
The overall ratio of 38.2% is below 40%, meaning new supply is outpacing demand. For the sales-to-new listings ratio, below 40% indicates a buyer’s market, 40–60% a balanced market, and above 60% a seller’s market. Worth noting: the ratio is being propped up by a sharp drop in new listings (364 vs 481 last May) rather than stronger sales — sales were down too, just less than supply.
Detached 36%
Townhouse 42%
Apartment 39%
Benchmark Prices
MLS® HPI benchmark prices — May 2026
| Home type | Benchmark price | 1-month change | 1-year change |
|---|---|---|---|
| All home types (composite) | $907,600 | ▼ -1.3% | ▼ -7.7% |
| Detached | $1,205,200 | ▼ -2.1% | ▼ -6.3% |
| Townhouse | $727,300 | ▲ +0.5% | ▼ -7.8% |
| Apartment / condo | $504,000 | ● 0.0% | ▼ -9.5% |
Sales Activity
Home sales by property type
| Home type | May 2026 sales | May 2025 sales | Change | Median price |
|---|---|---|---|---|
| Detached | 69 | 76 | -9.2% | $1,150,000 |
| Townhouse / attached | 40 | 39 | +2.6% | $737,250 |
| Apartment / condo | 30 | 34 | -11.8% | $477,000 |
Common Questions
Maple Ridge market FAQ
What is the benchmark home price in Maple Ridge?
As of May 2026, the MLS® HPI composite benchmark price in Maple Ridge is $907,600 across all home types. By segment: detached $1,205,200, townhouse $727,300, and apartment $504,000. The benchmark represents a typical home in the market, which makes it a more reliable trend indicator than average or median prices.
Are home prices in Maple Ridge going up or down?
The composite benchmark dipped 1.3% from April 2026 and is down 7.7% compared to May 2025. Detached prices moved -2.1% month-over-month, townhouses +0.5%, and apartments +0.0%. Segments are moving differently, so the right read depends on the type of home you own or want to buy.
Is Maple Ridge a buyer’s or seller’s market right now?
With a sales-to-new listings ratio of 38.2%, Maple Ridge is in buyer’s market conditions — the ratio is below 40%, meaning new supply is outpacing demand. By segment: detached 36%, townhouse 42%, and apartment 39%.
How many homes sold in Maple Ridge in May 2026?
69 detached, 40 townhouse/attached, and 30 apartment sales were recorded in May 2026, compared with 76, 39, and 34 respectively in May 2025.
Is now a good time to buy or sell in Maple Ridge?
For buyers: inventory is healthy, prices are below year-ago levels, and homes are taking longer to sell — that combination means more selection and more negotiating power than in recent years. For sellers: well-prepared, accurately priced homes are still selling, but pricing to today’s market (not last year’s) is the difference between selling in weeks and sitting for months. The right move depends on your situation, especially if you’re selling and buying in the same market.
How does Maple Ridge compare to nearby markets?
Maple Ridge's composite benchmark of $907,600 is well below the Greater Vancouver composite of $1,100,700, and its detached benchmark of $1,205,200 is roughly $640,000 below the regional detached benchmark. That gap is exactly why Maple Ridge continues to attract move-up buyers and families priced out of markets closer to the city.
About this data: All figures are from the Greater Vancouver REALTORS® (GVR) May 2026 statistics package.
Benchmark prices are MLS® Home Price Index values representing a typical home in the market.
GVR reports sales and listings for Maple Ridge and Pitt Meadows as one combined area; benchmark prices above are Maple Ridge-specific. GVR does not publish per-city active listing counts, so ratios shown are sales-to-new-listings for the month. Information is deemed reliable but is not guaranteed. Prepared by Derek Vanderkooy PREC*
and David Maître PREC*, Value-First Home Team, One Percent Realty Ltd.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.