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    West Cloverdale North, Surrey - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Surrey, West Cloverdale North

    West Cloverdale North, Surrey: Your Neighbour Just Asked If Now Is a Good Time to Sell

    Here is the honest answer. The market here is not crashing, but it is not sprinting either. It is taking a breather. If you own in West Cloverdale North, the numbers are worth a close look right now - because what the city thinks your home is worth and what a buyer would actually pay are two very different conversations.

    The Vibe: What Is Happening With Houses and Condos Right Now

    Houses - Holding Steady, But Watch the Details

    If you have been watching the "For Sale" signs on the house side of West Cloverdale North, here is what is actually happening. We are sitting at an average HonestDoor Price of $1,480,154 for houses. The predicted market value is nudging up to $1,483,682, which is slightly ahead of the 3-month moving average of $1,480,593. That is a small but real upward signal.

    • Average HonestDoor Price: $1,480,154
    • Predicted Market Value: $1,483,682
    • Average Sale Price (2026): $1,099,000
    • Price Per Square Foot: $494
    • Estimated Monthly Rent: $5,476
    • Rental Yield: 4.14%
    • Properties Sold in 2026: 2 (with 6 total transactions recorded)
    • Neighbourhood Growth Rank: 19 out of 45 in Surrey - above average on the leaderboard
    • Price Rank: 14 out of 45 in Surrey - well above average

    That growth rank of 19 out of 45 puts us in the upper half of Surrey neighbourhoods. We are not leading the pack, but we are ahead of the middle. For a house owner, that matters when you are deciding whether to list now or wait another year.

    Condos - A Softer Picture, Worth Knowing

    The condo side of our neighbourhood tells a different story, and us condo owners should pay attention. The HonestDoor Price for condos sits at $637,324 - and it has slipped 0.46% from the previous period. The predicted market value of $640,299 is actually trending down from the 3-month moving average of $649,908. That is a real decline, not just noise.

    • Average HonestDoor Price: $637,324
    • Predicted Market Value: $640,299
    • Average Sale Price (2026): $471,000
    • Price Per Square Foot: $682
    • Estimated Monthly Rent: $3,068
    • Rental Yield: 3.56%
    • Properties Sold in 2026: 2
    • Neighbourhood Growth Rank: 27 out of 44 in Surrey - below average on the leaderboard
    • Price Rank: 19 out of 27 in Surrey - below average

    A growth rank of 27 out of 44 puts condo owners in the bottom half of Surrey. And the HonestDoor Price is already 12.04% below the average assessed value in Surrey. That gap is a flag worth understanding before you make any decisions.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Here is the thing about your city assessment. It is a snapshot from months ago, built on data that is already old by the time it lands in your mailbox. It does not know what happened in the market last week, last month, or even last quarter.

    The HonestDoor Price is the real-world check. It updates in real time, pulling from actual transaction data and current market signals. For houses in West Cloverdale North, the HonestDoor Price of $1,480,154 sits just 0.17% above the average assessed value - meaning the city's number is actually pretty close for houses right now. That is useful to know.

    For condos, the gap is much bigger. The average assessed value is $724,562, but the HonestDoor Price is $637,324 - a difference of over $87,000. If a condo owner here is making decisions based on their tax assessment, they are working with a number that is significantly out of step with what the market is actually doing. That is the kind of gap that can cost you real money.

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

    If you own a house in West Cloverdale North and you are thinking about listing this summer, the timing is not bad. Values are holding, the predicted price is ticking up slightly, and our growth rank of 19 out of 45 means we are in a reasonably competitive position across Surrey. With only 2 house sales recorded so far in 2026, inventory is tight - which can work in a seller's favour.

    Compare us to nearby neighbourhoods and the picture gets clearer. Sullivan houses are priced at $1,157,064 on average - well below us. Surrey Centre sits at $1,281,600. East Newton Business Park is the only nearby area that comes in higher at $1,920,293. We are well-positioned in the middle of that range, which means buyers priced out of East Newton Business Park are likely looking our way.

    If you own a condo, the calculus is different. Values are drifting down, the growth rank is below average, and the gap between assessed value and real market value is significant. That does not mean do not sell - it means go in with accurate numbers, not optimistic ones. Check your HonestDoor Price before you set your expectations, and definitely before you set your list price.

    Bottom line: houses in West Cloverdale North are in a reasonable spot for a summer sale. Condos need a clear-eyed look at current data before making a move. Either way, start with your HonestDoor Price - not last year's assessment letter.

    west cloverdale north | surrey | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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