Crescent Beach, Surrey - September 2026 Real Estate Report

Crescent Beach Real Estate: Your Home Is Worth More Than the City Thinks

If you own property in Crescent Beach and you have not looked at your HonestDoor Price lately, here is the short version: the city's assessment is lagging behind reality by a significant margin. We are talking about real money sitting on the table.

The Vibe: What Is Actually Happening Out Here

Crescent Beach is one of Surrey's pricier pockets, and the numbers back that up. Let's break it down by property type so you know exactly where you stand.

Houses

• Average HonestDoor Price: $2,003,573
• Average Assessed Value: $1,821,208 - that is a $182,000 gap the city is not telling you about
• Average Sale Price (2026): $1,416,667
• Price Per Square Foot: $927
• Properties Sold in 2026: 18 total transactions; 3 sold last month
• Estimated Monthly Rent: $6,710
• Airbnb Potential: $333 per night - ranked 9th in all of Surrey
• Predicted Market Value: $2,015,493
• Rental Yield: 3.83%
• Price Rank in Surrey: 12 out of 45 - solidly above average
• Growth Rank: 29 out of 46 - sitting in the below-average tier right now

The honest read on houses? Values are taking a breather. The HonestDoor Price is down 0.59% from last period, and the 3-month moving average of $2,025,490 is trending slightly above where we sit today at $2,015,493. This is not a crash - it is a plateau. But if you were planning to sell, "wait and see" is not a free strategy right now.

Condos

• Average HonestDoor Price: $915,719
• Average Assessed Value: $875,321 - a $40,000 gap
• Average Sale Price (2026): $575,000
• Price Per Square Foot: $551
• Properties Sold in 2026: 1 transaction
• Estimated Monthly Rent: $3,857
• Airbnb Potential: $192 per night - ranked 8th in Surrey
• Predicted Market Value: $878,778
• Rental Yield: 3.16%
• Price Rank in Surrey: 7 out of 27 - well above average
• Growth Rank: 39 out of 44 - near the bottom of the leaderboard

Condos here are a different story. Values have slipped 2.55% recently, and the 3-month moving average of $898,248 is running ahead of today's predicted value of $878,778. That gap is a yellow flag. On the bright side, the HonestDoor Price is up 4.20% from the previous period, which tells us there is still underlying demand - the short-term dip has not erased the longer trend. Condo supply is also thin, with only 118 assessed properties and just one sale so far in 2026.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot from the past. It does not update in real time, and it does not account for what buyers are actually paying on your street right now.

For houses in Crescent Beach, the HonestDoor Price runs 10.01% higher than the average assessed value. On a $1.8 million home, that is roughly $182,000 the city's number is leaving out. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - using the assessed value alone is like navigating with an old map.

The HonestDoor Price pulls from real-world transaction data and updates continuously. It is the closest thing to knowing what a buyer would actually write a cheque for today. That is the number we should all be watching.

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

If you own a house in Crescent Beach and you are eyeing a summer sale, here is the straight talk.

You are sitting on a premium asset. A price rank of 12 out of 45 in Surrey means buyers know this neighbourhood commands top dollar. The Airbnb ranking of 9th in Surrey is also a quiet signal - this area attracts people who want to be here, which supports demand.

The catch is timing. Values are drifting slightly lower right now, and the growth rank of 29 out of 46 puts us in the below-average tier on the neighbourhood leaderboard. Neighbourhood-wide growth is also down 0.06% year over year. None of this is alarming, but it does mean the market is not doing the heavy lifting for you the way it was a year ago.

For condo owners, the picture needs more patience. With only one sale recorded in 2026 and a growth rank of 39 out of 44, liquidity is thin. Pricing sharp and marketing hard will matter more here than simply listing and waiting.

Bottom line - if you are serious about selling this summer, get your HonestDoor Price first. Know your real number before you sit down with anyone. The gap between what the city thinks your home is worth and what a buyer will actually pay is where your negotiating power lives.

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.