Crescent, Surrey - July 2026 Real Estate Report

Crescent, Surrey: Your Home Is Worth More Than the City Thinks

If you own a home in Crescent and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment says one thing. The real market says something different - and the gap is worth knowing about.

The Vibe: What's Actually Happening in Crescent Right Now

Let's break it down by property type, because houses and condos are telling two different stories here.

Houses

The house market in Crescent is holding steady. Average sale prices are sitting at $1,685,000, and price per square foot is around $948. Not a lot of drama - which, honestly, is a good sign. Stable is not boring when you are talking about a neighbourhood ranked 6th most expensive out of 45 comparable areas in Surrey.

The bigger number to watch is the predicted market value of $1,983,472. That figure is climbing past the 3-month moving average of $1,959,396, which tells us momentum is pointing up, not down. Property values have moved 1.30% recently, and on the neighbourhood growth leaderboard, Crescent houses rank 7th out of 41 Surrey neighbourhoods. That puts us in the top tier.

• Average sale price: $1,685,000
• Price per square foot: $948
• Predicted market value: $1,983,472
• 3-month moving average: $1,959,396
• Recent value change: 1.30%
• Estimated monthly rent: $6,736
• Rental yield: 3.73%
• Growth rank: 7 out of 41 in Surrey
• Price rank: 6 out of 45 in Surrey

Two properties sold in Crescent this period. Low volume, but prices are not flinching. That is a sellers market signal, not a buyers one.

Condos

Condos in Crescent are the quiet overachiever right now. The average HonestDoor Price is $1,133,480, and the predicted market value has climbed to $1,188,591 - up from a 3-month moving average of $1,156,523. Recent value change sits at 5.72%, and on the growth leaderboard, Crescent condos rank 1st out of 42 Surrey neighbourhoods. First. Out of 42.

• Average HonestDoor Price: $1,133,480
• Predicted market value: $1,188,591
• 3-month moving average: $1,156,523
• Recent value change: 5.72%
• Estimated monthly rent: $4,738
• Rental yield: 2.55%
• Airbnb rank in Surrey: 4th
• Growth rank: 1 out of 42 in Surrey

Compare that to nearby neighbourhoods - Crescent Beach condos average $901,801, Elgin sits at $660,945, and Rosemary Heights West comes in at $625,821. Crescent condos are not just holding their own. We are leading the pack by a wide margin.

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 taken months ago, using data that is even older than that. It does not know what happened on your street last week. It does not adjust for the upgrades you made or the way buyer demand has shifted.

The average assessed value in Crescent sits at $1,878,179. The average HonestDoor Price is $1,979,612. That is a gap of over $100,000. For houses, the HonestDoor Price runs 5.40% higher than the city's assessed average across Surrey.

The HonestDoor Price is updated in real time, using actual transaction data and current market signals. It is the real-world check against a number the city printed months ago. If you are making any financial decision - refinancing, listing, or just figuring out where you stand - the HonestDoor Price is the number that reflects today, not last year.

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

If you are weighing a summer sale, here is the honest read on Crescent right now.

The market is not on fire, but it is not taking a breather either. It is firm. House prices are stable at a high level, predicted values are trending up, and Crescent sits near the top of Surrey's price rankings. Low transaction volume - 5 sales recorded in 2026 so far - means less competition from other sellers. That works in your favour.

On the condo side, the growth story is even stronger. Ranking first in Surrey for growth is not a small thing. If you own a condo here and have been sitting on the fence, the data is making a case for you right now.

• 1,683 properties assessed in Crescent this year
• Only 5 transactions recorded in 2026 so far - low supply, less seller competition
• House predicted value of $1,983,472 is above the 3-month average - momentum is up
• Condo growth ranks 1st out of 42 Surrey neighbourhoods
• Average rental estimate of $6,728 per month gives strong income optionality if you hold

Bottom line - Crescent is one of Surrey's most expensive and most stable neighbourhoods. If you are selling, you have pricing power. If you are holding, the income potential and growth rank suggest patience pays off here too. Either way, check your HonestDoor Price first. The city's number is not telling the full story.

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.