Crescent Beach, Surrey - July 2026 Real Estate Report

Crescent Beach Real Estate: Your Neighbour's Assessment Is Lying To Them

If you own property on this stretch of Surrey's waterfront, here is the honest truth: the number on your tax assessment is not what your home is worth. Not even close. The average assessed value in Crescent Beach sits at $1,821,208 for houses - but the average HonestDoor Price is $2,024,975. That is a gap of over $200,000. That gap is real money, and most homeowners here have no idea it exists.

The Vibe: Houses vs. Condos in Crescent Beach

Let's break down what is actually happening for us in this neighbourhood right now, depending on what you own.

Houses - Still One of Surrey's Priciest Addresses

Houses here are holding their ground. The average sale price is sitting at $1,839,000, and the predicted market value from HonestDoor is $2,036,003 - which is trending up from the 3-month moving average of $2,011,806. That upward momentum matters. It tells us the market is not sliding; it is quietly climbing.

• Average HonestDoor Price: $2,024,975
• Average assessed value: $1,821,208 (that is $203,767 lower than your real-world number)
• Average sale price: $1,839,000
• Price per square foot: $572
• Predicted market value: $2,036,003
• Estimated monthly rent: $6,793
• Rental yield: 3.82%
• Airbnb potential: $337 per night
• Recent value change: up 1.27%
• Growth rank: 9 out of 41 neighbourhoods in Surrey - that puts us in the top quarter on the neighbourhood leaderboard
• Price rank: 5 out of 45 - we are among the most expensive addresses in all of Surrey

Only 2 house sales recorded so far in 2026, and 10 total property transactions in the neighbourhood. Low volume like this can actually work in a seller's favour - less competition on the street means your listing stands out.

Condos - Solid Value, But Watch the Trend

The condo picture is a little more nuanced. We are seeing a slight dip - the HonestDoor Price for condos is down 1.35% from the previous period to $901,801. The predicted market value is $914,166, which is still creeping up from the 3-month moving average of $903,772, so the short-term direction is positive even if the broader trend is taking a breather.

• Average HonestDoor Price: $901,801
• Average assessed value: $875,321
• Average sale price: $575,000
• Price per square foot: $551
• Predicted market value: $914,166
• Estimated monthly rent: $3,852
• Rental yield: 3.11%
• Airbnb potential: $190 per night
• Recent value change: up 0.61%
• Growth rank: 25 out of 42 neighbourhoods - sitting in the middle of the pack right now
• Price rank: 6 out of 26 - still above average in price compared to Surrey condos

Only 1 condo sale in 2026 so far. That is a thin market. Thin markets cut both ways - a motivated buyer has very little to choose from, which is good for sellers, but pricing it wrong means it sits.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about government assessments - they are a snapshot from the past. The city looks at sale data from months ago, runs it through a formula, and mails you a number. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time. For houses in Crescent Beach, it is running $203,767 higher than the assessed value - that is 11.19% more than what the city thinks your home is worth. If you are making any financial decision based on your assessment alone - whether that is refinancing, estate planning, or just figuring out if now is the right time to sell - you are working with stale data.

Check your HonestDoor Price now. It is the real-world check that your assessment will never give you.

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

If you are a house owner in Crescent Beach and you have been on the fence about listing this summer, the data gives you a few reasons to pay attention.

Prices are not dropping - the predicted value is above the 3-month average, and we rank 9th out of 41 Surrey neighbourhoods for growth. That is a strong position. Combine that with a price rank of 5th out of 45, and Crescent Beach is still one of the most desirable addresses buyers are shopping for in this city.

The low transaction volume - 10 sales across the whole neighbourhood in 2026 - means there is not a flood of competing listings. A well-priced home here gets attention fast.

For condo owners, the story is a bit more cautious. The HonestDoor Price is down 1.35%, and the growth rank of 25th out of 42 puts us in the middle of the Surrey condo leaderboard. That does not mean do not sell - it means price it sharp and do not wait for a big run-up that may not come quickly.

Bottom line: Crescent Beach is not a market that is waving red flags. It is a market that rewards homeowners who know their real numbers - not the ones the city handed them last January.

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.