Fraser Valley

CLOVERDALE

MAY 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Community CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory

Sales

Sales Ratio

SnapStats®

Inventory

Sales

Sales Ratio

0 0 0 2 9

0 0 0 1 5 5 4 7 3 0 0 0 0 0 0 0 0 0 0

NA NA NA

Clayton

101

32 22

32% 35%

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

Cloverdale Serpentine

63

0

0

NA

50% 56% 25% 29% 50% 33% 22% 25%

TOTAL*

164

54

33%

20 14 28 45 32

14 15

1,000,001 – 1,250,000 12 1,250,001 – 1,500,000 2 1,500,001 – 1,750,000 0 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0

NA NA NA NA NA NA NA NA NA NA

4,000,001 & Greater

0

TOTAL*

164

54

33%

0 to 1 Bedroom

15 58 68 23

6

40% 38% 24% 43% 33%

2 Bedrooms 3 Bedrooms

22 16 10 54

4 Bedrooms & Greater

TOTAL*

164

SnapStats®

April 128

May 164

Variance

Inventory

28%

Solds

50

54

8%

Sale Price

$808,250 $787,950 -3%

Sale Price SQFT

$585

$582

-1%

Sale to List Price Ratio

101% 100% -1%

Days on Market

8

9

13%

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator CLOVERDALE ATTACHED : Sellers Market at 33% Sales Ratio average (3.3 in 10 homes selling rate) • Homes are selling on average 100% of list price

• Most Active Price Band** $400,000 to $500,000 with average 56% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $900,000 to $1 mil, Clayton and 3 bedroom properties • Sellers Best Bet** Selling homes in Cloverdale and minimum 4 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$804,000 $786,250 $798,000 $787,000

$793,500 $788,888 $810,000 $808,250 $787,950

13 Month Market Trend

$771,000

$725,000 $732,500 $706,000

119

164

110

108

104

97

93

91

88

128

74

71

67

76

64

56

54

52

51

50

48

47

40

33

32

32

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

MAY

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on June 3, 2024 from the Fraser Valley Real Estate Board MLS®. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.

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