Cloverdale BC, Surrey Condo Market Report – May 2021

Cloverdale BC is an active condo 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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22
Units Sold
$483,518
Avg Sold Price
9d
Avg Days on Market
Strong Seller's Market
Market Condition
78 active at start of month 22 new listings Absorption rate: 28.2% Highest sold: $829,900 Lowest sold: $244,000

How Does May 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2021 (this report) 22 $483,518 9d
April 2021 month prior 17 +29.4% $528,424 -8.5% 8d +12.5%
May 2020 year ago 1 +2100% $500,000 -3.3%

3-Year Price Trend — Cloverdale BC, Surrey Condo

The Cloverdale BC, Surrey condo real estate market was a Strong Seller's Market in May 2021, with 78 active listings at the start of the month, 22 properties sold, an average sold price of $483,518, properties averaging 9 days on market, an absorption rate of 28.2%. 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 May 2021

In May 2021, the Cloverdale BC, Surrey condo real estate market is classified as a Strong Seller's Market with an absorption rate of 28.2%. 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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