Fleetwood, Surrey - August 2026 Real Estate Report

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

If you own a home in Fleetwood and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment is already behind. Here is what is actually happening on the ground right now.

The Vibe: What the Market Is Doing in Our Neighbourhood

Fleetwood is taking a breather. Growth dipped 0.06% year over year, and we are not going to pretend otherwise. But "taking a breather" is very different from "falling apart." With 9,310 properties assessed and 38 transactions logged in 2026, this is a neighbourhood with real activity and real money moving through it. Our total transaction rank in Surrey sits at 2 out of all Surrey neighbourhoods. That means Fleetwood is one of the busiest places to buy and sell in the entire city.

Houses: Steady, Not Spectacular

Here is the honest picture for Fleetwood houses right now.

• Average HonestDoor Price: $1,199,204
• Predicted market value: $1,203,327 - up from the 3-month average of $1,200,403
• Average assessed value: $1,190,383
• Recent sale price average: $1,010,000
• Price per square foot: $677
• Estimated monthly rent: $4,692
• Rental yield: 4.49%
• Growth rank: 20 out of 45 Surrey neighbourhoods - above average
• Price rank: 33 out of 45 - below average, meaning we are more affordable than most

Two houses sold last month, essentially flat from the month before. The predicted value is ticking upward, which tells us the floor is holding. For a house owner, that 4.49% rental yield is a decent number - not flashy, but solid for a market this size.

How do we stack up against the neighbours? Tynehead houses are averaging $1,600,318 and East Newton North is at $1,502,049. Fleetwood houses at $1,199,204 are meaningfully more affordable, which is actually a selling point if you are trying to attract buyers who got priced out of those pockets.

Condos: Affordable by Surrey Standards - and That Is a Good Thing

Fleetwood condos are one of the most affordable options in all of Surrey. That is not a knock - it is a feature.

• Average HonestDoor Price: $608,798
• Predicted market value: $616,905 - up from the 3-month average of $616,551
• Average assessed value: $537,965
• HonestDoor Price is 13.17% above the assessed value - the biggest gap in this report
• Recent sale price average: $406,250
• Price per square foot: $582
• Estimated monthly rent: $2,850
• Rental yield: 3.69%
• Price rank: 26 out of 27 Surrey neighbourhoods - among the most affordable in Surrey
• Growth rank: 20 out of 44 - above average

Four condo sales last month, steady from the prior period. The HonestDoor Price at $608,798 is running well ahead of the city's $537,965 assessment - a $70,833 gap. If you own a condo here and you are basing any financial decisions on that assessment number, you are working with stale data. Johnson Heights condos are averaging $505,793, so Fleetwood is actually priced above that neighbour. Tynehead and East Newton North are higher, but Fleetwood holds its own in the middle of the pack.

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

Here is the thing about government assessments - they are a snapshot from the past. The city looks at sale data from months ago, runs it through a formula, and mails you a number. By the time it lands in your mailbox, the market has already moved.

The HonestDoor Price updates in real time. For Fleetwood houses, it is sitting $8,821 above the assessed value right now. For condos, that gap is $70,833. If you are thinking about refinancing, selling, or just want to know what your biggest asset is actually worth today - the HonestDoor Price is the number to look at. It is not a guess. It is built on current transaction data, and it gets recalculated as the market moves.

Think of the city assessment as last season's price sticker. The HonestDoor Price is the real-world check.

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

If you are a house owner thinking about listing this summer, here is the straight talk. Your home is likely worth more than the city says. Growth is above average for Surrey - that 20 out of 45 ranking on the neighbourhood leaderboard means more than half of Surrey is growing slower than us. Buyer demand is real - we ranked 2nd in all of Surrey for total transactions. That is not a slow market. That is a market with buyers in it.

The catch is that values dipped 0.33% from the previous period. Not a crash - barely a blip - but it does suggest that waiting around hoping for a big run-up may not be the play. If your life circumstances line up with selling, the traffic is here and the prices are holding.

For condo owners, the story is similar but sharper. That 13.17% gap between your HonestDoor Price and your assessed value is the biggest opportunity in this data. If a buyer or their agent is using the city assessment as a reference point, you have room to educate them on what the unit is actually worth. Price it right, back it up with the HonestDoor data, and you are in a strong position.

Bottom line - Fleetwood is not the flashiest neighbourhood in Surrey right now, but it is one of the most active. And active markets get deals done.

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.