Cloverdale BC, Surrey Townhouse Market Report – March 2024

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.

← February 2024 Next month →
20
Units Sold
$818,525
Avg Sold Price
10d
Avg Days on Market
Buyer's Market
Market Condition
363 active at start of month 29 new listings Absorption rate: 5.5% Highest sold: $1,380,000 Lowest sold: $380,000

How Does March 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
March 2024 (this report) 20 $818,525 10d
February 2024 month prior 10 +100% $855,040 -4.3% 37d -73%
March 2023 year ago 23 -13% $843,846 -3%

3-Year Price Trend — Cloverdale BC, Surrey Townhouse

The Cloverdale BC, Surrey townhouse real estate market was a Buyer's Market in March 2024, with 363 active listings at the start of the month, 20 properties sold, an average sold price of $818,525, properties averaging 10 days on market, an absorption rate of 5.5%. 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 March 2024

In March 2024, the Cloverdale BC, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 5.5%. 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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