Maplewood residential real estate market — Jun 2026

Is Maplewood a buyer's or seller's market?

As of the latest data, Maplewood is a seller's market. There are about 2.2 months of inventory — under 4 months typically favours sellers. Around 19.0% of homes sold above asking, and the typical sale closed at 97.6% of list price.

How much does a home cost in Maplewood?

The median sold price for a home in the Maplewood neighbourhood is $1.15M, up 9.4% from a year ago. The average sold price is $1.05M. That works out to roughly $536 per square foot.

Are homes in Maplewood selling over asking?

19.0% of homes that sold in the Maplewood neighbourhood closed above their list price. The typical home sold at 97.6% of asking — just under list. Among the homes that sold over asking, the median premium was +$8k over asking.

How long do homes take to sell in Maplewood?

Half of the homes that sold in the Maplewood neighbourhood went under contract within about 22 days — the median days on market. That is a moderate pace.

Are home prices going up or down in Maplewood?

Median sold prices in the Maplewood neighbourhood are up 9.4% year over year, at $1.15M. Currently 24.4% of active listings have cut their asking price at least once, a sign of steady pricing pressure.

Is now a good time to buy or sell in Maplewood?

It depends which side you are on. With about 2.2 months of inventory, the Maplewood neighbourhood favours sellers. Sellers have leverage, with homes moving in around 22 days and 19.0% selling over asking — buyers should be ready to act quickly and expect competition.

What is the best time of year to sell a home in Maplewood?

Across the past two years, sales activity in the Maplewood neighbourhood has been strongest in March and quietest in January. In Greater Victoria the spring market — roughly March through June — is typically the busiest selling season, when buyer demand and prices tend to peak, with activity easing over the winter.

How many homes are for sale in Maplewood?

As of the latest data there are 11 active home listings in the Maplewood neighbourhood. Over the period, 81 new listings came to market and 42 sold, which is about 2.2 months of inventory at the current sales pace.

Do homes in Maplewood sell for more than their assessed value?

The typical home in the Maplewood neighbourhood sold at 106.8% of its BC-assessed value — about 7% above its BC Assessment. Assessments are set once a year and lag the market, so a ratio above 100% is common when prices are rising.

Directional market benchmarks from Repliers MLS, BC Assessment & VREB — not an appraisal or personalized advice.