Douglas, Surrey - July 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 checked your HonestDoor Price lately, now is the time. The city's assessment says the average home here is worth $1,399,516. The HonestDoor Price says $1,445,932. That is a $46,416 gap - and that gap matters when you are making decisions about selling, refinancing, or just knowing where you actually stand.

The Vibe: What Is Happening in Douglas Right Now

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

Houses - Quietly Climbing the Leaderboard

This is the good news side of the report. Douglas houses are punching above their weight right now.

• Average HonestDoor Price: $1,445,932 - up 0.37% from last period
• Predicted market value: $1,440,654 - up from the 3-month moving average of $1,412,604
• Average sale price: $824,333 - slightly ahead of Grandview at $785,000
• Price per square foot: $588
• Estimated monthly rent: $5,348 with a rental yield of 4.20%
• Recent value change: up 1.99%
• Growth rank: 2 out of 41 neighbourhoods in Surrey - that is top tier
• Price rank: 43 out of 45 - among the most affordable in Surrey

That combination - strong growth rank, affordable price rank - is exactly what buyers are hunting for right now. We are in a neighbourhood that is moving up the leaderboard while still being one of the better-value options in the city. Compared to Grandview next door, we are growing faster. Hazelmere has higher price points, but Douglas is closing ground.

Condos - Taking a Breather

The condo picture is a bit more honest. Values have dipped, and the growth numbers reflect that.

• Average HonestDoor Price: $1,018,450 - down 3.78% from last period
• Predicted market value: $1,058,413 - slightly up from the 3-month moving average of $1,050,722
• Estimated monthly rent: $4,379 with a rental yield of 2.77%
• Recent value change: -0.90%
• Growth rank: 35 out of 42 neighbourhoods in Surrey
• Airbnb rank in Surrey: 5 - one of the strongest short-term rental positions in the city

The growth rank is not great - 35 out of 42 puts Douglas condos near the bottom of the Surrey pack right now. But here is the flip side: that Airbnb rank of 5 in all of Surrey is genuinely strong. If you own a Douglas condo and you are not thinking about short-term rental income, that number is worth a second look. Nearby condo comps like Grandview ($456,397), Hazelmere ($790,404), and Sunnyside ($570,297) are all priced well below Douglas - which tells you Douglas condos carry a premium in this pocket of Surrey.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot from the past. It gets updated once a year, uses sales data that can be months old, and it does not know what has happened in your specific block since then. The HonestDoor Price pulls from real-time market signals. For Douglas houses, that means the HonestDoor Price is already running 3.32% above the average assessed value in Surrey. That is not a rounding error. On a home assessed at $1,399,516, a 3.32% difference is roughly $46,000 sitting on the table that the city has not officially recognized yet. If you are basing any financial decision on your assessment number alone, you are working with an outdated map.

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

If you own a house in Douglas, the timing argument is actually pretty solid right now. Here is why.

• Growth is trending up - the predicted value is ahead of the 3-month average, which means momentum is on your side
• You are ranked 2nd in Surrey for house price growth - buyers looking for value with upside are going to find Douglas
• Sale prices here are already beating Grandview, and you are still priced below the Surrey average - that is an attractive entry point for buyers
• 1,229 properties were assessed this year, but only 7 transactions happened in 2026 - low inventory means less competition if you list

For condo owners, the picture calls for a bit more patience. Values are down 3.78% from last period and the growth rank is near the bottom of Surrey right now. That does not mean do not sell - it means go in with realistic expectations and lean on that strong Airbnb rank as a selling point for investors. A rental yield of 2.77% is moderate, but a top-5 Airbnb position in Surrey is a real differentiator worth putting in your listing.

Bottom line - check your HonestDoor Price before you do anything else. It is the real-world number, not the government's best guess from six months ago.

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.