If you've been watching the "For Sale" signs in North Cloverdale West, here's what's actually happening. The market is taking a breather - but it's not the same story for every property type. Houses and condos are moving in completely different directions, and that gap matters a lot depending on what you own.
Out of 2,657 assessed properties in the neighbourhood, only 13 transactions happened in 2026 so far. That's a thin market. Low volume means each sale carries more weight - and more risk of skewing the numbers either way.
Let's be straight about houses. The predicted market value sits at $1,337,272 right now, and it's sliding - down from a 3-month moving average of $1,351,257. That's a $13,985 drop in trend value. Recent price change is sitting at -1.33%, and on the neighbourhood leaderboard, houses rank 27 out of 41 for growth in Surrey. That puts them in below-average territory.
The rental yield of 4.29% is actually a decent number for Surrey. If you're holding a house here as an investment, the rent story is more encouraging than the appreciation story right now.
Here's where it gets interesting. Condos in North Cloverdale West are doing the opposite of houses. The predicted market value is $1,397,645 and it's climbing - up from a 3-month moving average of $1,387,341. Recent price change is up 2.90%, and on the neighbourhood leaderboard, condos rank 8 out of 44 for growth in Surrey. That's top performer territory.
Compare that to condos in nearby Cloverdale at $940,233 or East Clayton at $511,915. North Cloverdale West condos are priced significantly higher than the neighbours, and they're still growing. That's a different conversation than what's happening with houses.
Here's the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. By the time it lands in your mailbox, the market has already moved. In a neighbourhood where values are shifting month to month - down 1.33% for houses, up 2.90% for condos - a number that's six to eighteen months old is not your friend when you're making a real financial decision.
The average assessed value in North Cloverdale West sits at $1,322,446. The average HonestDoor Price is $1,330,029. That's a $7,583 gap - and the HonestDoor Price updates in real time using actual market signals, not a once-a-year government calculation. For houses specifically, the HonestDoor Price is 0.57% above the assessed value. That might sound small, but on a $1.3 million asset, every percentage point is real money.
If you're using your assessment to decide whether to sell, refinance, or even just understand what you own - you're working with yesterday's news. The HonestDoor Price is the real-world check.
If you own a house here, the honest answer is: the window is tightening. Values are trending down from their recent peak, volume is low, and North Cloverdale West ranks in the bottom half of Surrey for house price growth. That doesn't mean panic - it means don't wait for the market to come back to you. Price it right from day one.
If you own a condo here, you're in a better spot than most of Surrey right now. Ranking 8th out of 44 neighbourhoods for condo growth is a real edge. The Airbnb rank of 2nd in all of Surrey is also a story you can tell a buyer who's thinking about short-term rental income. Summer is a reasonable time to move.
Either way, check your HonestDoor Price before you call an agent. Know your actual number - not the one the government mailed you in January.
North Cloverdale West sits in the middle of the pack on price compared to its neighbours. Cloverdale is the premium option nearby, but it's also losing ground faster. If you're a buyer choosing between these neighbourhoods, North Cloverdale West's condo numbers make a strong case. If you're a seller, knowing exactly where you sit on that leaderboard is the starting point for every conversation.
north cloverdale west | surrey | october 2026This 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.