Cloverdale BC, Surrey Market Report – May 2021

Q: How many homes sold in Cloverdale BC, Surrey in May 2021?

128 properties sold in Cloverdale BC, Surrey during May 2021 based on MLS® records. There were 509 active listings at the start of the month. A total of 160 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 May 2021 was $1,020,056. Sold prices ranged from $244,000 to $2,400,000. Data is sourced from MLS® board records.

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

In May 2021, properties in Cloverdale BC, Surrey averaged 11 days on the market before selling. With an absorption rate of 25.1%, the market is currently a Strong Seller'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 May 2021 was $1,020,056, up 4.8% year-over-year compared to May 2020 ($972,981). Sales volume was up 540% 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.

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128

Units Sold

$1,020,056

Avg Sold Price

11d

Avg Days on Market

Strong Seller's Market

Market Condition

509 active at start of month 160 new listings Absorption rate: 25.1% Highest sold: $2,400,000 Lowest sold: $244,000

How Does May 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2021 (this report)	128	$1,020,056	11d
April 2021 month prior	156 -17.9%	$1,134,353 -10.1%	10d +10%
May 2020 year ago	20 +540%	$972,981 +4.8%	—

3-Year Price Trend — Cloverdale BC, Surrey

The Cloverdale BC, Surrey real estate market was a Strong Seller's Market in May 2021, with 509 active listings at the start of the month, 128 properties sold, an average sold price of $1,020,056, properties averaging 11 days on market, an absorption rate of 25.1%. 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 May 2021

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

In May 2021, the Cloverdale BC, Surrey real estate market is classified as a Strong Seller's Market with an absorption rate of 25.1%. 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.

How many homes sold in Cloverdale BC, Surrey in May 2021? +

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: 06/03/2026 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.