Cloverdale BC, Surrey Townhouse Market Report – December 2022

Cloverdale BC is an active townhouse 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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6
Units Sold
$752,817
Avg Sold Price
56d
Avg Days on Market
Buyer's Market
Market Condition
277 active at start of month 5 new listings Absorption rate: 2.2% Highest sold: $955,000 Lowest sold: $499,900

How Does December 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
December 2022 (this report) 6 $752,817 56d
November 2022 month prior 11 -45.5% $763,891 -1.4% 26d +115.4%
December 2021 year ago 14 -57.1% $742,179 +1.4%

3-Year Price Trend — Cloverdale BC, Surrey Townhouse

The Cloverdale BC, Surrey townhouse real estate market was a Buyer's Market in December 2022, with 277 active listings at the start of the month, 6 properties sold, an average sold price of $752,817, properties averaging 56 days on market, an absorption rate of 2.2%. 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 December 2022

In December 2022, the Cloverdale BC, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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: 06/03/2026   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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