Maple Ridge's real estate market in 2025 presented a complex picture, with significant price fluctuations observed across different neighbourhoods. While some areas experienced notable declines, others saw modest gains or remained relatively stable, reflecting a diverse market performance within the city.
Key Takeaways
- Detached house prices in Cottonwood neighbourhood saw a significant drop of 7.7% in 2025.
- Northeast Maple Ridge experienced slight increases in house prices, less than one percent.
- Southwest Maple Ridge recorded the weakest condo performance with a 9.5% price decrease.
- East Central Maple Ridge saw condo prices fall by 8.6% and townhouses by 4.6%.
- Albion demonstrated relative resilience with smaller declines in house (4.9%) and townhouse (5.8%) prices.
Neighbourhood Performance Detailed
In 2025, the real estate landscape in Maple Ridge was characterized by a divergence in property values depending on the specific neighbourhood. The Cottonwood area, for instance, witnessed a substantial decrease in detached house prices, falling by 7.7%, marking one of the more pronounced downturns for houses within the city. Conversely, Northeast Maple Ridge bucked the trend with minor price increases for houses, registering gains of less than one percent.
The condo market also showed significant variation. Southwest Maple Ridge experienced the weakest performance for condominiums, with prices dropping by 9.5%. In East Central Maple Ridge, condo prices declined by 8.6%, while townhouse prices saw a more moderate decrease of 4.6%.
Albion emerged as a more stable market, with detached houses experiencing a 4.9% drop and townhouses falling by 5.8%. These declines were less severe compared to several central neighbourhoods.
Regional Context and Future Outlook
Across the broader Lower Mainland, price movements varied considerably. West and North Vancouver neighbourhoods saw condo price drops ranging from 10% to 13%, while most areas in Downtown Vancouver experienced only minor decreases of one to two percent. The steepest declines were observed in townhouse prices in Downtown Vancouver and Strathcona (Vancouver East), which fell between 16% and 20%.
Looking ahead, the BC Real Estate Association (BCREA) has forecasted a more optimistic outlook for 2026. They predict a 12% rise in residential sales across British Columbia and an average price increase of three percent. BCREA chief economist Brendon Ogmundson cited steady mortgage rates and significant pent-up demand following a period of below-average activity as key drivers for this expected strengthening of the housing market. The province currently has over 40,000 homes for sale, the highest inventory in a decade.
