West Cloverdale North, Surrey - October 2026 Real Estate Report
West Cloverdale North, Surrey: Your Home Is Probably Worth Less Than the City Thinks
If you have been glancing at your latest property assessment and feeling pretty good about yourself, hold on. The real-world numbers tell a slightly different story - and knowing the gap could save you from a bad decision this summer.
The Vibe: What Is Actually Happening on Our Streets
West Cloverdale North is a neighbourhood of about 1,500 assessed properties, and right now the market is taking a breather. Growth slipped 0.05% year over year, and with only 7 property transactions recorded in 2026 so far, this is not exactly a feeding frenzy. Here is how houses and condos are each telling their own story.
Houses: Solid Price, Slow Pace
If you own a house here, you are sitting on a meaningful asset. But the trend lines are worth watching closely.
- Average assessed value: $1,477,583
- Average HonestDoor Price: $1,445,065 - that is $32,518 below the city assessment
- Recent sale price average: $1,260,000
- Price per square foot: $476
- Predicted market value: $1,462,141
- 3-month moving average: $1,475,326 - values are drifting downward
- Recent value change: -1.22%
- Estimated monthly rent: $5,418 with a rental yield of 4.17%
- Airbnb income potential: approximately $269 per night
- Growth rank: 24 out of 41 neighbourhoods in Surrey - below average on the leaderboard
- Price rank: 15 out of 45 - above average, so we are not cheap
One house sold last month. That is a thin market. When buyer competition is low, sellers have less leverage. The predicted value is already trending below the 3-month average, which means the window for top-dollar offers may be narrowing.
Condos: Affordable Entry Point, But Watch the Assessment Gap
Our condo market has a quirk that every owner needs to know about. The city assessed condos here at an average of $724,562. The HonestDoor Price says $637,225. That is a gap of over $87,000 - roughly 12% - and it matters a lot if you are pricing to sell or refinancing.
- Average assessed value: $637,225 - wait, the city says $724,562
- Average HonestDoor Price: $637,225
- Assessment gap: 12.05% overvalued by city standards
- Recent sale price average: $396,000
- Price per square foot: $685
- Predicted market value: $636,638
- 3-month moving average: $638,087 - essentially flat but slightly declining
- Recent value change: -0.11%
- Estimated monthly rent: $3,058 with a rental yield of 3.57%
- Growth rank: 26 out of 44 neighbourhoods - below average on the leaderboard
- Price rank: 23 out of 27 - among the most affordable in Surrey
The condo side is stable but not exciting. One sale last month, values barely moving, and a rental yield that is moderate at best. If you are a condo owner here, you are not losing sleep - but you are also not popping champagne.
The Secret Sauce: Why Your HonestDoor Price Matters More Right Now Than Your Tax Assessment
Here is the thing about city assessments - they are a snapshot from months ago, built on broad data that does not account for what buyers are actually paying on your specific street today. For houses in West Cloverdale North, the city is pricing us about 2.2% higher than the HonestDoor Price suggests. For condos, that gap balloons to over 12%.
The HonestDoor Price is updated in real time using actual transaction data, current market trends, and neighbourhood-level signals. It is the number a serious buyer's agent is probably already looking at. If you are basing any financial decision - selling, refinancing, or even just understanding your net worth - on the city assessment alone, you are working with a number that is already out of date.
Check your HonestDoor Price now. It is the real-world check your assessment was never designed to be.
The So What: Should You Sell in West Cloverdale North This Summer?
Straight answer: if you are a house owner thinking about listing, sooner is better than later. Values are drifting down - the predicted price of $1,462,141 is already below the 3-month average of $1,475,326, and the recent change of -1.22% is not a cliff but it is a slide. Sitting on the sidelines hoping for a rebound while the leaderboard has us ranked 24 out of 41 for growth is a gamble.
For condo owners, the urgency is lower but the message is similar. The market is flat, not falling hard. But with only 3 condo transactions in 2026 and a price rank near the bottom of Surrey, you are competing in a buyer-friendly environment. Pricing accurately - using the HonestDoor Price, not the inflated assessment - is the move that gets you to the table faster.
How does West Cloverdale North stack up against the neighbours? East Newton Business Park is running hotter on the house side at $1,892,195 average. Sullivan and Surrey Centre are cheaper. We sit in the middle - not the most expensive, not the most affordable, and right now not the fastest growing. That is useful context when you are deciding whether to hold or move.
Bottom line: the market here is not broken, but it is not on fire either. Know your real number, price it right, and do not let a stale city assessment talk you into leaving money on the table - or worse, scaring buyers away.
west cloverdale north | 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.