Some neighbourhoods of Maple Ridge saw significant drops in real estate prices in 2025.
The rising and falling of housing across the Lower Mainland varies significantly by neighbourhood, with some dropping by double digit percentages, some barely moving, and one posting double digit gains.
Vancouver realtor Dan Marusin put together a digital map showing the prices, and all data comes from the official Greater Vancouver Realtors’ stats centre and Fraser Valley Real Estate Board reports for 2024-2025. The map has three different layers for house, apartment, and townhouse prices over the year, and in each there is a lot more red and orange colours for decreases, than there is green for increases.
In Maple Ridge, the Cottonwood neighbourhood saw detached houses fall by 7.7 per cent in 2025, which was one of the steeper declines for houses in the city.
On the other hand, Northeast Maple Ridge saw some green for slight increases – by less than a percentile.
Southwest Maple Ridge recorded a 9.5 per cent drop in condo prices, which was the weakest condo performance across city neighbourhoods.
East Central Maple Ridge saw condo prices down 8.6 per cent, while townhouse prices fell a more moderate 4.6 per cent.
Albion held up comparatively better, with houses down 4.9 per cent and townhouses down 5.8 per cent, smaller declines than several central neighbourhoods.
Elsewhere in the region, West Vancouver and North Vancouver neighbourhoods saw condo declines of 10–13 per cent, while most Downtown Vancouver areas fell only a percent or two.
Downtown Vancouver and Strathcona (Vancouver East) townhouse prices dropped 16–20 per cent, the steepest drops of any property type.
After a down year, the BC Real Estate Association published a report this week predicting residential sales will rise 12 per cent in B.C. in 2026, and the average price will increase three per cent.
“Despite some resilience against global uncertainty, both the economy and housing market struggled through 2025,” said BCREA chief economist Brendon Ogmundson. “However, with mortgage rates expected to remain steady and significant pent-up demand following over two years of below-average activity, we expect demand to steadily come off the sidelines to strengthen home sales this year.”
There are just over 40,000 homes for sale across the province, which is the most inventory in a decade, reports the BCREA.