North Cloverdale West, Surrey - August 2026 Real Estate Report

North Cloverdale West, Surrey: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you have been keeping an eye on your property value in North Cloverdale West, here is the honest picture. The city's assessment says your home is worth an average of $1,322,446. But the HonestDoor Price - which pulls from real-time market signals, not last year's snapshot - puts that number at $1,355,325. That is a gap of roughly $33,000. For most of us, that difference is not small change.

The neighbourhood saw 8 property transactions in 2026 across 2,657 assessed properties. Sales are quiet, but prices are holding. Growth is down a modest 0.04% year over year - the market is taking a breather, not falling off a cliff.

Houses vs. Condos - Two Very Different Stories

Houses

The house market in North Cloverdale West is steady. Average sale prices are sitting at $1,272,750, with a price per square foot around $554. Only 2 houses sold recently, which is thin volume - but that is not unusual for a neighbourhood this size.

The predicted market value for houses is $1,361,175, nudging up from a 3-month moving average of $1,360,420. That slight upward tick matters. It tells us the floor is holding.

• Average sale price: $1,272,750
• Price per square foot: $554
• Predicted market value: $1,361,175
• Estimated monthly rent: $5,136
• Rental yield: 4.27%
• Recent value change: -0.21%
• Growth rank: 33 out of 45 Surrey neighbourhoods - below average
• Price rank: 17 out of 45 Surrey neighbourhoods - above average

The growth rank of 33 out of 45 is the honest part we need to talk about. On the neighbourhood leaderboard, houses here are sitting in the lower half for momentum. But the price rank of 17 out of 45 tells a different story - this is still an above-average priced area. You are holding value even if you are not racing ahead.

Condos

Condos are the surprise in this report. The HonestDoor Price for condos sits at $1,358,228 - yes, that is higher than the house average. It has dipped 3.41% from the previous period, so there is some softness to watch. But the predicted market value is $1,406,150, up from a 3-month moving average of $1,376,822. That upward curve is real.

• HonestDoor Price: $1,358,228
• Predicted market value: $1,406,150
• Estimated monthly rent: $4,878
• Rental yield: 2.85%
• Recent value change: +4.61%
• Airbnb estimate: $239 per night
• Airbnb rank in Surrey: 2nd
• Growth rank: 2 out of 44 Surrey neighbourhoods - top performer

That growth rank of 2 out of 44 is a big deal. On the Surrey neighbourhood leaderboard, condos in North Cloverdale West are nearly at the top for momentum right now. If you own a condo here, that number deserves your attention.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Assessment

Here is the thing about your city assessment. It is calculated once a year, using data that is already months old by the time it lands in your mailbox. It is a rearview mirror. The HonestDoor Price is updated continuously, pulling in recent sales, market shifts, and neighbourhood trends as they happen.

Right now in North Cloverdale West, the HonestDoor Price is running 2.49% above the average assessed value in Surrey. That gap is your real-world check. If you are making any financial decision - refinancing, selling, or just figuring out where you stand - the assessment number alone is not the full picture. The HonestDoor Price is.

With 2,657 properties assessed in this neighbourhood, there is a lot of equity sitting here. Knowing your actual number, not last year's number, puts you in a stronger position for any conversation with a lender or a buyer.

The "So What?" - Thinking About Selling This Summer?

If selling is on your mind, here is what the data is telling us. Houses are priced above average for Surrey but growth momentum is softer - rank 33 of 45. That means pricing it right from day one matters more than ever. Buyers in this range are paying attention, and an overpriced listing will sit.

Condos are a different conversation. A growth rank of 2 out of 44 and a predicted value climbing toward $1,406,150 suggests the window for condo sellers could be opening up. A 4.61% recent value change is not something to ignore.

For context, nearby Cloverdale has a higher HonestDoor Price at $1,419,099 but is growing slower at -0.05%. East Clayton is cheaper at $1,105,213 and also growing slower. North Cloverdale West is sitting in a reasonable middle ground - not the cheapest, not the priciest, but holding its own.

Bottom line - if you are a homeowner here, pull your HonestDoor Price before you do anything else. It takes two minutes and it gives you the number that actually reflects today's market, not last January's.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.