Cloverdale BC, Surrey Townhouse Market Report – May 2022

Q: How many homes sold in Cloverdale BC, Surrey in May 2022?

22 townhouse properties sold in Cloverdale BC, Surrey during May 2022 based on MLS® records. There were 196 active listings at the start of the month. A total of 47 new listings came to market during the month.

Q: What is the average home price in Cloverdale BC, Surrey?

The average townhouse sold price in Cloverdale BC, Surrey in May 2022 was $815,223. Sold prices ranged from $450,000 to $1,399,000. Data is sourced from MLS® board records.

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

In May 2022, townhouse properties in Cloverdale BC, Surrey averaged 16 days on the market before selling. With an absorption rate of 11.2%, the market is currently a Buyer'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 townhouse sold price in Cloverdale BC, Surrey in May 2022 was $815,223, up 9.4% year-over-year compared to May 2021 ($744,981). Sales volume was down 37.1% compared to the same month last year. Data is sourced from MLS® sold records.

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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Units Sold

$815,223

Avg Sold Price

16d

Avg Days on Market

Buyer's Market

Market Condition

196 active at start of month 47 new listings Absorption rate: 11.2% Highest sold: $1,399,000 Lowest sold: $450,000

How Does May 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2022 (this report)	22	$815,223	16d
April 2022 month prior	19 +15.8%	$881,158 -7.5%	12d +33.3%
May 2021 year ago	35 -37.1%	$744,981 +9.4%	—

3-Year Price Trend — Cloverdale BC, Surrey Townhouse

The Cloverdale BC, Surrey townhouse real estate market was a Buyer's Market in May 2022, with 196 active listings at the start of the month, 22 properties sold, an average sold price of $815,223, properties averaging 16 days on market, an absorption rate of 11.2%. All data is sourced from MLS® sold records.

Recently Sold in Cloverdale BC, Surrey

18701 66 Avenue

Sold $705,000

3 bd • 3 ba • Townhouse

17097 64 Avenue

Sold $940,000

4 bd • 4 ba • Townhouse

6885 184 Street

Sold $773,000

3 bd • 3 ba • Townhouse

6238 192 Street

Sold $730,000

4 bd • 3 ba • Townhouse

18939 65 Avenue

Sold $850,000

2 bd • 2 ba • Townhouse

18199 70th Avenue

Sold $847,000

3 bd • 4 ba • Townhouse

Active Listings in Cloverdale BC, Surrey

17578 57a Avenue

$599,900

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

5945 176a Street

$725,000

2 bd • 3 ba • Townhouse

17917 68 Avenue

$1,149,000

3 bd • 3 ba • Townhouse

16488 64 Avenue

$874,900

3 bd • 3 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 Townhouse Archive → Live Market Stats → Surrey Reports → All BC Reports →

Frequently Asked Questions — Cloverdale BC, Surrey May 2022

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

In May 2022, the Cloverdale BC, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 11.2%. 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.

How many homes sold in Cloverdale BC, Surrey in May 2022? +

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.