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      Crescent, Surrey - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Surrey, Crescent

      Crescent, Surrey Real Estate: What Your Neighbour's House Is Actually Worth Right Now

      If you own a home in Crescent and the last number you checked was your BC Assessment, you might be leaving real money on the table. Here is what is actually happening on the ground in 2026.

      The Vibe: Houses vs. Condos

      Let us start with houses, because that is where most of us in Crescent are sitting. The average sale price is sitting at $2,100,000, and the predicted market value from HonestDoor is $1,964,969. That is a slight dip from the 3-month moving average of $1,973,971, so values are taking a small breather right now - down about 0.63% recently. Only 1 house sold in the latest period, which tells you this is a low-volume, high-stakes market. When a single sale moves the needle, every listing decision matters.

      • Average sale price - Houses: $2,100,000
      • Price per square foot: $586
      • HonestDoor predicted value: $1,964,969
      • Estimated monthly rent: $6,689
      • Rental yield: 3.74%
      • Growth rank: 11 out of 41 neighbourhoods in Surrey - solidly above average
      • Price rank: 6 out of 45 - one of the most expensive in all of Surrey

      On the condo side, things look a little different. The HonestDoor Price for condos is $1,107,474 - and here is the interesting part - it is actually trending up. The predicted value of $1,132,987 is climbing past the 3-month moving average of $1,129,502, with recent growth of 0.98%. That is a quiet but real upward move. Crescent condos also hold the 4th best Airbnb rank in all of Surrey, which is not nothing if you are thinking about short-term income.

      • HonestDoor Price - Condos: $1,107,474
      • Predicted condo value: $1,132,987
      • Recent condo value change: +0.98%
      • Estimated monthly rent: $4,594
      • Rental yield: 2.62%
      • Airbnb rank in Surrey: 4th - top tier
      • Growth rank: 16 out of 44 - above average in Surrey

      Compare that to nearby condos in Crescent Beach at $897,618 or Elgin at $661,882, and Crescent condos are in a league of their own locally. If you own one, that gap is worth paying attention to.

      The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

      Here is the thing about BC Assessment numbers. They are calculated once a year, based on data that is already months old by the time it lands in your mailbox. The average assessed value for a Crescent house is $1,878,179. The average HonestDoor Price is $1,958,172. That is a gap of roughly $80,000 - and it updates in real time, not once a year.

      That 4.26% difference between the assessment and the HonestDoor Price is not a rounding error. It is the difference between pricing your home based on yesterday's market and pricing it based on what buyers are actually doing right now. With 1,683 properties assessed in Crescent this year, the neighbourhood has real data behind it. The HonestDoor Price pulls from live transaction signals, not a government snapshot from last July.

      Bottom line: your tax assessment tells you what the government thinks your home was worth. Your HonestDoor Price tells you what the market thinks it is worth today.

      The So What - What This Means If You Are Thinking About Selling This Summer

      Selling in Crescent this summer? Here is the honest read.

      Houses are still among the priciest in Surrey - top 6 out of 45 neighbourhoods. But values have dipped slightly in the short term, and with only 7 total transactions recorded in 2026 so far, buyer competition is thin. That means your pricing strategy has to be sharp. Come in too high and you sit. Come in right and you are selling one of the most expensive homes in the city to a very specific buyer.

      Neighbourhood growth is down a modest 0.05% year over year - a small slide, not a freefall. Nearby Elgin is slightly pricier at an average HonestDoor Price of $2,204,358 and growing at a similar pace. Crescent Beach is close at $2,006,703 but growing slightly slower. That puts Crescent in a competitive but defensible position heading into summer.

      For condo owners, the story is actually better than the headlines suggest. Values are creeping up, your Airbnb income potential ranks 4th in Surrey, and you are sitting well above comparable units in every nearby neighbourhood. If you have been waiting for a signal to list, the data is quietly pointing in your direction.

      • Best move for house sellers: Price against the HonestDoor value of $1,964,969, not the $1,878,179 assessment
      • Best move for condo owners: Highlight the rental and Airbnb upside - $4,594 per month estimated rent is a real selling point
      • Watch: Low transaction volume means one bad comp can skew the whole street - stay close to the live data

      Want to know exactly where your specific property sits? Pull your HonestDoor Price at HonestDoor.com. It takes about 30 seconds and it is a lot more useful than waiting until next January.

      crescent | surrey | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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