Maple Ridge Real Estate Market Update – November 2026
If you own a home in Maple Ridge, October was a month to pay attention. Prices slipped across every property type, the Bank of Canada raised rates, and yet more homes sold locally than a year ago. Here’s my straight read on the October numbers for the Maple Ridge real estate market, and what they mean if you’re thinking about selling.
Where Maple Ridge Home Prices Stand
The benchmark price for all residential properties in Maple Ridge was $864,000 in October, down 2.1% from September and 8.4% from a year ago.
Unlike next door in Pitt Meadows, where detached prices have barely moved, Maple Ridge detached homes are softening. The detached benchmark is $1,138,500, down 1.5% from September and 8.6% from last October. That’s a bigger yearly drop than the 7% decline across Greater Vancouver.
The upside for buyers is value. A detached home in Maple Ridge sits about $636,700 below the Greater Vancouver detached benchmark of $1,775,200, which keeps buyers from the Tri-Cities, Burnaby and Vancouver looking east.
Maple Ridge Prices by Property Type
| October 2026 | Maple Ridge benchmark | 1 month | 1 year | Greater Vancouver benchmark | Maple Ridge discount |
|---|---|---|---|---|---|
| Detached | $1,138,500 | −1.5% | −8.6% | $1,775,200 | $636,700 |
| Townhouse | $686,600 | −2.0% | −9.5% | $1,006,500 | $319,900 |
| Condo / apartment | $481,600 | −6.2% | −8.3% | $673,400 | $191,800 |
| All residential | $864,000 | −2.1% | −8.4% | $1,068,600 | $204,600 |
Detached: softer, but still good value
An 8.6% yearly drop is real, but detached sales are still up from a year ago, so buyers are there at the right price. For sellers, the takeaway is simple: price to what has sold in the last 60 to 90 days, not to what your neighbour got two springs ago.
Townhouses: the biggest yearly drop
The townhouse benchmark is down 9.5% from last October to $686,600, the largest yearly decline of any property type here. Newer townhome complexes in areas like Albion and Cottonwood compete for the same buyers, so a townhouse seller needs to know exactly what has sold in their complex and the ones around it.
Condos: a sharp month
The apartment benchmark fell 6.2% in a single month to $481,600. Monthly condo numbers can swing a lot in a market this size, so I’d want to see November before calling it a trend. If you’re selling a condo, price to the most recent sales in your building.
Curious where your home sits in all of this? I’ll put together a free, no-pressure home evaluation based on recent Maple Ridge sales.
How Many Homes Sold in October?
Greater Vancouver REALTORS® reports sales for Maple Ridge and Pitt Meadows together. Across both, 146 homes sold in October: 79 detached homes, 35 attached homes (mostly townhouses) and 32 apartments. That’s up from 107 in September and 139 in October 2025.
- Detached sales rose 12.9% from last October (79 vs. 70).
- Attached sales fell 20.5% (35 vs. 44), in line with the softer townhouse prices.
- Apartment sales rose 28% (32 vs. 25), even as condo prices dipped.
- New listings fell to 286 from 331 a year ago, down 13.6%.
Over the first ten months of 2026, median selling prices across Maple Ridge and Pitt Meadows were about $1.19 million for houses (down from $1.25 million in 2025), $720,000 for townhouses (down from $800,000) and $485,000 for apartments (down from $520,000).
The Regional Picture: a Rate Hike and a Pause
On October 28 the Bank of Canada raised its policy rate by a quarter point, from 2.25% to 2.50%. That gave a lot of buyers and sellers a reason to wait and see.
Across Greater Vancouver, 2,024 homes sold in October, down 10.2% from a year earlier and 22.5% below the 10-year average for the month. There are 15,688 homes for sale across the region, 24% above the long-term average, and the regional benchmark is down 5.2% from last year to $1,068,600. Against that backdrop, local sales in Maple Ridge and Pitt Meadows actually rose.
What This Means If You’re Selling in Maple Ridge
- Price to today, not last year. With benchmarks down 8% to 9% across every property type, a price based on 2025 sales will sit.
- Detached sellers still have buyers. Detached sales are up from a year ago and the discount to the region is over $600,000. Homes priced right are moving.
- Townhouse sellers face the most competition. Know your complex’s recent sales cold and present your home better than the one down the street.
- Higher rates trim buyer budgets. Buyers approved before October 28 may qualify for a little less now, so the right price from day one matters more than ever.
Winter is also a quieter time for new listings, which means a well-prepared home faces less competition. For a closer look at where prices are holding up better, see my Pitt Meadows market update, or explore the Maple Ridge neighbourhood guides.
Maple Ridge Market FAQ
Are home prices going down in Maple Ridge?
Yes. The Maple Ridge benchmark for all residential properties was $864,000 in October 2026, down 8.4% from a year earlier. Detached homes are down 8.6%, townhouses 9.5% and condos 8.3% over the year.
How much is a detached house in Maple Ridge right now?
The detached benchmark was $1,138,500 in October 2026, about $636,700 below the Greater Vancouver detached benchmark of $1,775,200. Your own home could be worth more or less depending on lot size, updates and neighbourhood, so a home-specific evaluation is the only way to get a real number.
Is it a buyer’s or a seller’s market in Maple Ridge?
Across Greater Vancouver the sales-to-active listings ratio was 13.4% in October. The board says prices tend to face downward pressure when that ratio sits below 12% for a sustained period and upward pressure above 20%, so the region is in a balanced, buyer-leaning spot. With prices down across every property type, Maple Ridge buyers currently have room to negotiate.
Did the Bank of Canada rate hike hurt Maple Ridge home sales?
Not yet in the numbers. The rate rose to 2.50% on October 28, so most October sales were written before the hike, and combined Maple Ridge and Pitt Meadows sales still rose 5% from last October. November’s figures will give a clearer read.
The Bottom Line
Maple Ridge prices are still adjusting, and faster than in Pitt Meadows. But local sales are up from a year ago, and the gap to Greater Vancouver prices is still wide. In a market like this, the homes that sell are the ones priced and presented right from the first day.
I’ve been helping Maple Ridge and Pitt Meadows homeowners buy and sell for 18 years. If you’d like to know what your home is worth in today’s market, call or text me at 604-763-8196 or request a free evaluation below.
Sources: Greater Vancouver REALTORS® October 2026 market report (MLS® Home Price Index benchmarks and sales/listing data; Maple Ridge and Pitt Meadows sales are reported together), year-to-date median prices via the Maple Ridge News (GVR data), and the Bank of Canada’s October 28, 2026 rate announcement. Market commentary is my opinion and not financial advice. Russ Macnab PREC*, REALTOR®, The Macnabs Team, Real Broker.