Fraser Valley

CLOVERDALE

FEBRUARY 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Com m unity CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 0 1 9 8 6

0 0 0 1 4 9 4 8 4 4 2 0 0 0 0 0 0 0 0 0

NA NA NA

Clayton

43 28

28 19

65% 68%

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

0

0

NA

100%

TOTAL*

71

47

66%

44%

113%*

67% 73% 79% 20%

11 14 20

11

1,000,001 – 1,250,000 2 1,250,001 – 1,500,000 0 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

200%*

NA*

NA NA NA NA NA NA NA NA NA

4,000,001 & Greater

0

TOTAL*

71

47

66%

0 to 1 Bedroom 2 Bedrooms 3 Bedrooms

13 20 29

7

54% 95% 59% 44% 66%

19 17

4 Bedroom s & Greater 9

4

TOTAL*

71

47

SnapStats®

January February Variance

Inventory

67 40

71 47

6%

Solds

18%

Sale Price

$793,500 $788,888 -1%

Sale Price SQFT

$558

$632

13%

Sale to ListPrice Ratio 98%

99%

1%

Days on M arket

24

13

-46%

*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.

M arket Sum m ary

• M arketType Indicator CLOVERDALE ATTACHED :Selers M arketat66% Sales Ratio average (6.6 in 10 hom es seling rate) • Hom es are seling on average 1% below listprice

• M ostActive Price Band** $500,000 to $600,000 w ith average > 100% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $900,000 to $1 m iland m inim um 4 bedroom properties • Selers BestBet** Seling hom es in Clayton,Cloverdale and 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

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

$793,500 $788,888

13 Month M arket Trend

$777,500

$771,000

$739,811 $742,450

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

119

110

108

104

97

93

88

79

74

71

71

67

64

76

64

57

53

52

51

48

47

44

40

33

32

32

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2024 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M arch 1,2024 from the FraserValey RealEstate Board M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .