Cloverdale BC, Surrey Market Report – August 2020

Cloverdale BC is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Cloverdale BC based on MLS® data.

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96
Units Sold
$828,973
Avg Sold Price
24d
Avg Days on Market
Strong Seller's Market
Market Condition
304 active at start of month 116 new listings Absorption rate: 31.6% Highest sold: $1,685,000 Lowest sold: $200,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 96 $828,973 24d
July 2020 month prior 94 +2.1% $863,772 -4% 26d -7.7%

3-Year Price Trend — Cloverdale BC, Surrey

The Cloverdale BC, Surrey real estate market was a Strong Seller's Market in August 2020, with 304 active listings at the start of the month, 96 properties sold, an average sold price of $828,973, properties averaging 24 days on market, an absorption rate of 31.6%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Cloverdale BC, Surrey specialist
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Frequently Asked Questions — Cloverdale BC, Surrey August 2020

In August 2020, the Cloverdale BC, Surrey real estate market is classified as a Strong Seller's Market with an absorption rate of 31.6%. It is currently a strong seller's market in Cloverdale BC, Surrey, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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