Spilsbury, Maple Ridge - October 2026 Real Estate Report
Spilsbury, Maple Ridge: Your Neighbour Just Listed - Here Is What You Need to Know
If you have been watching the "For Sale" signs in Spilsbury and wondering whether now is the time to make a move, here is the straight story. This is not a press release. This is what the numbers actually say.
The Vibe: What Is Happening in Our Neighbourhood Right Now
Spilsbury sits in an interesting spot in Maple Ridge. We have 175 assessed properties here, and the market is sending two very different signals depending on whether you own a house or a condo. Let us break it down.
Houses: Holding Steady and Punching Above Their Weight
If you own a house in Spilsbury, you are in a solid position. The average sale price is sitting at $1,582,000, and that is essentially flat - no dramatic swings, just a stable floor. More importantly, our houses are outperforming Thornhill right now, where the average sold price is $1,549,000. We are beating a neighbourhood that most people assume is pricier.
- Average sale price: $1,582,000
- Price per square foot: $516
- Predicted market value: $1,550,122
- 3-month moving average: $1,529,867 - and our predicted value is climbing past it
- Estimated monthly rent: $5,598
- Rental yield: 4.17%
- Recent value change: up 1.58%
That growth rank is the number to pay attention to. Spilsbury houses rank 3rd out of 23 comparable neighbourhoods in Maple Ridge for growth. That puts us in the top tier of the leaderboard - ahead of Thornhill, Whonnock, and Albion, all of which are posting negative growth right now. On price, we rank 4th out of 19 neighbourhoods. Above average, full stop.
Condos: Taking a Breather - Be Honest With Yourself
The condo picture is different, and we are not going to sugarcoat it. Condo values have dropped 6.82% recently, and the predicted market value of $1,052,717 is actually sliding below the 3-month moving average of $1,086,522. That trend line is pointing down, not up.
- Average HonestDoor Price: $1,012,533 - down 3.82% from last period
- Predicted market value: $1,052,717
- 3-month moving average: $1,086,522
- Estimated monthly rent: $4,382
- Rental yield: 2.75%
- Recent value change: -6.82%
- Growth rank: 17th out of 18 neighbourhoods in Maple Ridge
That growth rank - 17th out of 18 - puts Spilsbury condos near the bottom of the Maple Ridge leaderboard right now. The one silver lining is that even with the dip, our condos are still priced above nearby Albion ($939,831). But if you own a condo here and are thinking about selling, timing matters more than it did six months ago.
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
Here is something most homeowners do not realize. Your BC Assessment is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already six to twelve months out of date. The market does not wait for the government to catch up.
The HonestDoor Price is a real-time check on what your property is actually worth today. For Spilsbury houses, the average HonestDoor Price is $1,552,745 - that is 0.99% higher than the average assessed value in Maple Ridge. It has also nudged up 0.17% from the previous period. That gap between what the city thinks your home is worth and what the market says it is worth is money left on the table if you are not paying attention.
Think of the HonestDoor Price as the number your real estate agent would whisper to you over coffee - not the official figure on a government form.
The So What - Should You Sell in Spilsbury This Summer?
If you own a house in Spilsbury, the case for selling this summer is real. We are ranked near the top of the Maple Ridge growth leaderboard, our prices are holding above comparable neighbourhoods, and the predicted value is trending upward past the 3-month average. Buyers looking at Thornhill or Whonnock are going to find higher price tags and slower growth. That makes Spilsbury a compelling alternative - and that works in your favour as a seller.
If you own a condo, the honest answer is: do not wait and hope the numbers reverse on their own. A 6.82% drop in recent value and a near-bottom growth rank are signals worth taking seriously. If selling is on your radar, sooner is probably smarter than later.
Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a list price, and definitely before you rely on last year's assessment. The market moves fast. Your information should too.
spilsbury | maple ridge | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.