Can you believe it’s already June? Everyone should have their first vaccine and now we’re moving on to the second – things are looking up!
Overall Maple Ridge:
The HPI sits at $996,800 which is up 27.5% from last year. New listings are actually down to 264 but sale prices are up 17.7% with an average of $900,103. The number of solds are up 30.6% this past year, with 239 properties sold. The average days on market in Maple Ridge is 16 days which is a 50% decrease from last year!
Here is a more in-depth look into some of the communities in Maple Ridge:
Albion:
Albion is looking at an increase in sale price in the past year up 14.7% bringing the average cost of a property in Albion to $1,077,210. This also bring the days on market down to only 13!
Cottonwood:
Cottonwood’s average price has increased to $964,046 which is 28.3% better than last year. With again the average days on market being 13.
East Central:
East Central is an area I keep seeing growth! The average sale price is up a total of 22.9% in the past year with a price average of $733,597. How many days on market does it take for a place to sell in East Central? The average is 19 days on Market.
Silver Valley:
Now on to Silver Valley, which has a huge increase of 44.3% in the past year making the average sale price $1,223,071. And of course days on market dropping down to only 15 days compared to last year which was 41 days on market.
Thornhill:
Thornhill has seen a bit of a decrease in average home prices in the past year. Only down 20.4% bring the average to 1,236,933. Days on market are also down to 33 days on average on the market!
If you’re thinking about selling your property, give me a call to chat about value and the process. I understand the intricacies of marketing a property expected to receive multiple offers and negotiating the best contract possible for you. There are plenty of details to chat about so don’t hesitate to contact me if you’d like to get started [email protected] or 604-341-9937