Douglas, Surrey - August 2026 Real Estate Report

Douglas, Surrey Real Talk: Your Home Is Worth More Than the City Thinks

If you own a home in Douglas and you have not looked at your numbers lately, here is the short version - the city's assessment is already behind. The average assessed value sits at $1,399,516, but the average HonestDoor Price is $1,441,511. That is a $41,995 gap, and it matters when you are making decisions about selling, refinancing, or just figuring out where you stand.

The Vibe: What Is Actually Happening in Douglas Right Now

Douglas is a neighbourhood that does not make a lot of noise, but the numbers tell an interesting story. We have 1,229 properties assessed here, and the market is moving - just carefully. Overall neighbourhood growth dipped 0.05% year over year, so we are not in a runaway market. But we are also not falling. Think of it as the market catching its breath.

Here is how houses and condos are playing out differently right now:

Houses in Douglas

The house market in Douglas is one of the most affordable in all of Surrey - and that is not a knock, that is an opportunity. On the neighbourhood leaderboard, Douglas houses rank 44 out of 45 for price in Surrey. That means almost every other neighbourhood costs more. For buyers, that is a real entry point. For sellers, it means your competition is priced higher elsewhere, which can work in your favour if you price smart.

• Average sale price: $715,000
• Price per square foot: $584
• Predicted market value: $1,445,932
• 3-month moving average: $1,433,065 - and the current value is trending above it
• Estimated monthly rent: $5,364
• Rental yield: 4.20%
• Growth rank: 10 out of 45 in Surrey - that puts us in the above-average tier
• Properties sold recently: 1

That growth rank is worth pausing on. Even with a slow overall market, Douglas houses sit in the top quarter of Surrey neighbourhoods for growth momentum. Compared to nearby Grandview, where the average sale price is $785,000, Douglas is the more affordable option - and it is holding its own on growth. Hazelmere is in a different price league entirely at $3,290,457, and even Ocean Park comes in at $1,515,717. Douglas is not trying to be those neighbourhoods. It is doing its own thing, and the trajectory is pointing up.

Condos in Douglas

The condo picture is more complicated, and we should be straight about it. The HonestDoor Price for condos is $1,041,562 - up 2.27% from the previous period, which sounds good. But the predicted market value of $1,018,450 is actually sitting below the 3-month moving average of $1,048,309. Values have shifted -3.78% recently, and on the Surrey leaderboard, Douglas condos rank 41 out of 44 for growth. That puts us near the bottom of the pack right now.

• Average HonestDoor Price: $1,041,562
• Predicted market value: $1,018,450
• 3-month moving average: $1,048,309
• Estimated monthly rent: $4,275
• Rental yield: 2.82%
• Airbnb rank in Surrey: 5 - one of the strongest short-term rental positions in the city
• Growth rank: 41 out of 44 in Surrey

The one bright spot for condo owners is the Airbnb picture. A rank of 5 in all of Surrey for Airbnb potential is genuinely strong. At $215 per night, if you have a unit that works for short-term rental, Douglas is one of the better spots in the city to run that play. Compared to nearby condo markets - Grandview at $455,581, Sunnyside at $574,961, Hazelmere at $781,939 - Douglas condos are priced significantly higher, which raises the question of whether that premium is sustainable. Worth watching.

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 months ago, built on data that is already old by the time it lands in your mailbox. The HonestDoor Price is updated in real time, pulling from actual market activity. For Douglas houses, that means a number that is 3.00% higher than the average assessed value in Surrey. That gap is not small. It is the difference between leaving money on the table and knowing what your home is actually worth today.

If you are a homeowner in Douglas, your HonestDoor Price is the real-world check. It accounts for what buyers are actually paying right now - not what an assessor estimated last year. With 8 property transactions recorded in 2026 and values trending above the 3-month moving average for houses, the live data is telling a more optimistic story than the static assessment number.

The So What - Should You Sell in Douglas This Summer?

If you own a house in Douglas and you are thinking about selling, the timing has some logic to it. Values are sitting above the 3-month trend line. Growth ranks in the top quarter of Surrey. And with Douglas being one of the most affordable house markets in the city, you are competing in a segment where buyers still have motivation. The rental estimate of $5,364 per month and a 4.20% yield also means investors are paying attention - and investor buyers can move fast.

For condo owners, the honest answer is - wait and watch. The short-term rental upside is real, and the HonestDoor Price did tick up 2.27%. But the recent -3.78% shift in predicted value and a bottom-tier growth rank suggest this is not the moment to rush. If you need to sell, price it sharp. If you can hold, give the market a few months to find its footing.

Either way, start with your HonestDoor Price - not your assessment notice. That number is already out of date. Your HonestDoor Price is not.

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.