Crescent Beach, Surrey - October 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 number that actually matters right now: the average HonestDoor Price for a house in Crescent Beach is $2,006,703. The city's official assessment? $1,821,317. That is a $185,386 gap - and that gap is money sitting on the table that the tax office is not telling you about.
The Vibe - Houses vs. Condos
Let's break down what is actually happening for us here in Crescent Beach, because the two markets are telling very different stories right now.
Houses: Holding Steady at the Top
Our house market is doing what Crescent Beach houses do - holding serious value. Here is the snapshot:
- Average HonestDoor Price: $2,006,703 (up 0.15% from last period)
- Average assessed value: $1,821,317 - already 10.18% below what the market says homes are worth
- Predicted market value: $2,003,728
- Average sale price: $1,392,440
- Price per square foot: $805
- 4 properties sold in the most recent period
- Estimated monthly rent: $6,710
- Rental yield: 3.84%
- Airbnb income potential: $333 per night - ranked 9th in all of Surrey
- Growth rank: 10 out of 41 neighbourhoods in Surrey - solidly above average
- Price rank: 12 out of 45 - above average for Surrey
The 3-month moving average sits at $2,014,835, and the current predicted value of $2,003,728 is just slightly below that. The market is taking a breather - not falling apart. With only 4 sales recorded and 22 total transactions in 2026, this is a low-volume, high-value market. That means when a house does sell here, it moves the needle.
Condos: A Quiet Outperformer
The condo story in Crescent Beach is genuinely interesting. We do not have a huge condo market here - only 118 properties assessed and 1 transaction in 2026 - but the numbers are pointing in a good direction.
- Average HonestDoor Price: $897,618
- Average assessed value: $875,321 - the HonestDoor Price is 2.55% higher
- Predicted market value: $915,719 - and rising above the 3-month average of $898,766
- Average sale price: $575,000
- Price per square foot: $551
- Estimated monthly rent: $3,857
- Rental yield: 3.10%
- Airbnb income potential: $192 per month
- Year-over-year growth: 0.03%
- Growth rank: 4 out of 44 neighbourhoods in Surrey - that is top-tier
- Price rank: 8 out of 27 - above average for Surrey
A growth rank of 4th in Surrey is not a small thing. While the HonestDoor Price dipped 1.98% from last period, the predicted value is climbing above its 3-month average. That kind of momentum in a thin market is worth watching closely.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Here is the honest truth about BC property assessments: they are a snapshot from July 1st of the previous year. By the time that number lands in your mailbox, it is already old. The market has moved on.
The HonestDoor Price is updated in real time using actual sales data, market trends, and neighbourhood comparables. For Crescent Beach house owners, that means the real-world number is sitting roughly $185,000 higher than what the city has on file. For condo owners, it is about $22,000 higher.
Why does this matter beyond bragging rights? Because if you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value is like navigating with last year's map. The HonestDoor Price is the current one.
Compare us to the neighbours: Crescent sits at an average HonestDoor Price of $1,958,172 for houses, with a growth rate of -0.05%. We are at $2,006,703 and growing faster. Sunshine Hills comes in at $1,055,700. Crescent Beach is not just holding its own - it is leading the pack on this part of the Surrey waterfront.
The So What - Should You Sell This Summer?
If you have been sitting on a Crescent Beach house and wondering whether this summer is the moment, here is the straight answer: the fundamentals are still working in your favour, but do not wait for the market to hand you a perfect signal.
Volume is low - 22 total transactions in 2026 across the neighbourhood. Low supply with above-average prices means motivated buyers do not have many options. That is leverage for a seller. The HonestDoor Price for houses is up 0.15% from last period, and the growth rank of 10th out of 41 Surrey neighbourhoods puts us in the top quarter of the leaderboard.
The slight dip in predicted value from the 3-month moving average - from $2,014,835 down to $2,003,728 - is a signal to pay attention to, not panic about. It says the market is not accelerating, but it is not sliding either.
For condo owners, the picture is actually more exciting right now. A 4th-place growth ranking in Surrey, a predicted value climbing above its moving average, and a 4.20% recent change in property values - that is a good story to tell a buyer.
Bottom line: check your HonestDoor Price before you do anything else. If your assessed value is the only number you know, you are working with incomplete information. In a market like Crescent Beach - where the gap between assessment and real value can be six figures - that is a costly blind spot.
crescent beach | 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.