Cloverdale BC, Surrey Market Report – September 2023

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.

← August 2023 Next month →
39
Units Sold
$1,151,146
Avg Sold Price
23d
Avg Days on Market
Buyer's Market
Market Condition
1,449 active at start of month 81 new listings Absorption rate: 2.7% Highest sold: $3,050,000 Lowest sold: $292,000

How Does September 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2023 (this report) 39 $1,151,146 23d
August 2023 month prior 43 -9.3% $1,013,358 +13.6% 17d +35.3%
September 2022 year ago 36 +8.3% $1,025,569 +12.2%

3-Year Price Trend — Cloverdale BC, Surrey

The Cloverdale BC, Surrey real estate market was a Buyer's Market in September 2023, with 1,449 active listings at the start of the month, 39 properties sold, an average sold price of $1,151,146, properties averaging 23 days on market, an absorption rate of 2.7%. 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 September 2023

In September 2023, the Cloverdale BC, Surrey real estate market is classified as a Buyer's Market with an absorption rate of 2.7%. 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.

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.

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