Maple Ridge is evolving, and as it grows, they vouch to  assure that nature remains at the heart of their development plans. The Maple Ridge Moves initiative, with its Bus Rapid Transit (BRT) system, offers a sustainable solution to meet the needs of a growing community while preserving the environment that makes this region so special.

The 22-kilometre BRT corridor will connect 13 stations across Maple Ridge, providing residents with a fast and efficient way to access jobs, education, and essential services. This innovative infrastructure will not only alleviate traffic but also reduce emissions, supporting our efforts to protect the local ecosystem and promote greener living. In a region known for its natural beauty, this is a win-win scenario.

In addition to its environmental benefits, BRT is set to unlock new opportunities for Maple Ridge residents. With improved accessibility, more families will be able to enjoy the advantages of living in our growing community. This increased demand for accessible housing will likely drive up property values, making the area even more desirable for investment.

The Maple Ridge Moves plan represents the future of smart, sustainable development. By prioritizing both the environment and efficient public transportation, they’re setting the stage for a healthier, more prosperous community. As the BRT system moves forward, Maple Ridge will remain a place where nature and progress coexist, offering families the chance to thrive in a connected, eco-friendly environment.

It will be interesting to see how this project plays out. As of January 2025, TransLink announced the locations of the planned Bus Rapid Transit (BRT) stations along the Langley-Haney Place route, which includes Maple Ridge. However, the project is currently unfunded, and no specific completion date has been established. Once funding is secured, the construction phase is estimated to take approximately five years. This could be a good time to think about getting into the Maple Ridge market as a long term investment goal. 

SURREY, BC – Exciting opportunities are emerging for buyers in the Fraser Valley real estate market. For the first time in four months, home sales have experienced a notable uptick as buyers benefit from a broader selection of properties and a softening in prices.

In February, the Fraser Valley Real Estate Board recorded 920 home sales, marking a 13% increase compared to January. However, sales were still 26% lower than those in February 2024. Despite a slight 9% drop in new listings on the Multiple Listing Service® (MLS®), inventory levels remain strong, with 3,121 new homes listed—14% above the 10-year seasonal average. In total, there are 8,070 active listings, which is a significant 45% higher than February 2024 and 55% above the 10-year seasonal average.

The market dynamics indicate a strong position for buyers, with the sales-to-active listings ratio sitting at 11%. A balanced market typically falls between 12% and 20%, suggesting that buyers have an upper hand right now. With inventory accumulating and prices continuing to ease, buyers, especially those looking at single-family detached homes, are experiencing greater leverage.

Why Is This a Great Time for Buyers?

Baldev Gill, CEO of the Fraser Valley Real Estate Board, highlights that this favorable market trend is largely due to the abundance of options and the gradual softening of prices. “Buyers now have more flexibility and time on their side to explore their options—whether it's a family home or an investment property,” Gill says. “If this trend continues, we could see even more opportunities for buyers, especially with the ongoing economic shifts.”

Home buyers will also be pleased to know that properties are selling faster than before. In February, single-family detached homes took an average of 39 days to sell, condos took 36 days, and townhomes sold in an average of 32 days.

Current Market Snapshot:

• Single-Family Detached Homes: The benchmark price is $1,489,100, reflecting a slight increase of 0.5% compared to January 2025 but a modest 0.6% decrease compared to February 2024.

• Townhomes: Priced at $820,600, townhomes saw a small dip of 0.7% compared to January 2025 and a 2.1% decrease compared to last year.

• Apartments/Condos: With a benchmark price of $533,200, condo prices have decreased by 0.3% compared to January 2025 and 2.4% compared to February 2024.

Why Now Is the Time to Act

Whether you’re looking to buy your dream home or make a smart investment, the current market in Fraser Valley offers numerous opportunities. With a variety of properties available and prices still adjusting, now is a prime time to take action.

If you're considering buying or selling in this shifting market, I’m here to guide you through every step of the process. As your dedicated real estate professional, I’ll help you navigate the market with confidence and secure the best deal for your unique needs.

Let's connect and discuss your options today! Reach out to me, and let’s make your real estate goals a reality.