Cloverdale BC, Surrey Market Report – August 2024

Q: How many homes sold in Cloverdale BC, Surrey in August 2024?

37 properties sold in Cloverdale BC, Surrey during August 2024 based on MLS® records. There were 1,966 active listings at the start of the month. A total of 103 new listings came to market during the month.

Q: What is the average home price in Cloverdale BC, Surrey?

The average sold price in Cloverdale BC, Surrey in August 2024 was $1,180,979. Sold prices ranged from $470,000 to $1,786,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Cloverdale BC, Surrey?

In August 2024, properties in Cloverdale BC, Surrey averaged 25 days on the market before selling. With an absorption rate of 1.9%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Cloverdale BC, Surrey market changed compared to last year?

The average sold price in Cloverdale BC, Surrey in August 2024 was $1,180,979, up 16.5% year-over-year compared to August 2023 ($1,013,358). Sales volume was down 14% compared to the same month last year. Data is sourced from MLS® sold records.

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.

← July 2024 Next month →

Units Sold

$1,180,979

Avg Sold Price

25d

Avg Days on Market

Buyer's Market

Market Condition

1,966 active at start of month 103 new listings Absorption rate: 1.9% Highest sold: $1,786,000 Lowest sold: $470,000

How Does August 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2024 (this report)	37	$1,180,979	25d
July 2024 month prior	62 -40.3%	$1,090,720 +8.3%	28d -10.7%
August 2023 year ago	43 -14%	$1,013,358 +16.5%	—

3-Year Price Trend — Cloverdale BC, Surrey

The Cloverdale BC, Surrey real estate market was a Buyer's Market in August 2024, with 1,966 active listings at the start of the month, 37 properties sold, an average sold price of $1,180,979, properties averaging 25 days on market, an absorption rate of 1.9%. All data is sourced from MLS® sold records.

Recently Sold in Cloverdale BC, Surrey

1 bd • 1 ba • Apartment

18701 66 Avenue

Sold $705,000

3 bd • 3 ba • Townhouse

Active Listings in Cloverdale BC, Surrey

1 bd • 2 ba • Townhouse

16655 64 Avenue

$834,900

4 bd • 4 ba • Townhouse

16772 61 Avenue

$649,999

2 bd • 2 ba • Townhouse

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Cloverdale BC, Surrey specialist

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Related: Cloverdale BC, Surrey Archive → Live Market Stats → Surrey Reports → All BC Reports →

Frequently Asked Questions — Cloverdale BC, Surrey August 2024

Is it a good time to buy in Cloverdale BC, Surrey? −

In August 2024, the Cloverdale BC, Surrey real estate market is classified as a Buyer's Market with an absorption rate of 1.9%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Cloverdale BC, Surrey in August 2024? +

What is the average home price in Cloverdale BC, Surrey? +

How long are homes sitting on the market in Cloverdale BC, Surrey? +

How has the Cloverdale BC, Surrey market changed compared to last year? +

Last Update: 06/04/2026 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.