Fleetwood, Surrey - October 2026 Real Estate Report
Fleetwood, Surrey Real Talk: Your Home Is Probably Worth Less Than the City Thinks
If you have been watching the "For Sale" signs around Fleetwood lately, here is what is actually happening. The market is taking a breather. Values are dipping slightly, sales are steady but slow, and the number the city has on your property may not be telling you the full story. Let us break it down.
The Vibe: Houses vs. Condos in Fleetwood Right Now
For those of us in houses, the picture is a mixed bag. The average sale price sits at $920,000 with about 7 homes changing hands recently - steady, but not exactly a frenzy. The HonestDoor Price for houses is tracking at $1,185,707, which is actually sliding below the 3-month moving average of $1,196,119. That is a signal worth watching. Values have shifted -1.14% recently, and on the Surrey neighbourhood leaderboard, Fleetwood houses rank 21 out of 41 for growth - squarely below average. On price, we sit at 33 out of 45. We are not at the bottom, but we are not leading the pack either.
- Average House Sale Price: $920,000
- Price Per Square Foot: $512
- HonestDoor Predicted Value: $1,185,707
- Estimated Monthly Rent: $4,655
- Rental Yield: 4.51%
- Recent Value Change: -1.14%
- Growth Rank in Surrey: 21 out of 41
For condo owners, the story is a bit different - and honestly more interesting. Our condos are punching above their weight. The HonestDoor Price of $605,914 sits 12.63% higher than the average city assessment of $537,965. That is a meaningful gap. Sales are quiet with only 4 transactions recently, and the average sale price came in at $510,750. Values are essentially flat with a tiny 0.03% recent change. On the leaderboard, Fleetwood condos rank 25 out of 44 for growth and 17 out of 27 for price - below average on both counts, but the assessment gap here is the real headline.
- Average Condo Sale Price: $510,750
- Price Per Square Foot: $567
- HonestDoor Predicted Value: $608,964
- Estimated Monthly Rent: $2,841
- Rental Yield: 3.71%
- Recent Value Change: +0.03%
- Growth Rank in Surrey: 25 out of 44
One more thing worth knowing - Fleetwood ranked 2nd in all of Surrey for total house transactions in 2026 with 55 sales across 9,310 assessed properties. That tells us this is an active, high-volume neighbourhood even when individual monthly numbers look quiet.
The Secret Sauce: Why You Should Check Your HonestDoor Price Today
Here is the thing about your city assessment. It is a snapshot from the past. It does not update when the market shifts, and right now the market is shifting. For house owners in Fleetwood, the city's average assessed value is $1,190,383 - but the HonestDoor Price is $1,173,127. That is a $17,000 gap where the city is actually overestimating your home's current market value. If you are making any financial decisions based on that assessment number, you could be working with stale data.
For condo owners, the flip side is true. The city has your average condo assessed at $537,965, but the HonestDoor Price says $605,914. That is a $68,000 difference - and it means the city is potentially undervaluing what your unit is actually worth in today's market. The HonestDoor Price updates in real time using actual sales data, not a once-a-year government snapshot. That is the difference between a rear-view mirror and a windshield.
The So What: Thinking About Selling This Summer?
Straight talk - this is not a seller's market in Fleetwood right now, but it is not a disaster either. Here is what the numbers mean for you if you are thinking about listing.
If you own a house, values are drifting down slightly. Waiting for a big spring pop may not pay off. Nearby, Tynehead houses are selling at $799,999 on average - lower than Fleetwood's $920,000 average - so we do have a relative price advantage in the area. But with growth ranked below average and values trending down from the 3-month average, pricing your home sharp and realistic will matter more than it did a year ago.
If you own a condo, the market is quieter with only 4 recent sales, but your HonestDoor Price is well above what the city thinks your unit is worth. That is actually useful leverage when you are having a conversation with a buyer or an agent about where to price. Johnson Heights condos nearby are averaging $488,332 - noticeably below Fleetwood's $510,750 sale average - so we are holding a competitive position there.
Bottom line - whether you are a house or condo owner in Fleetwood, pull your HonestDoor Price before you make any move. It is the real-world check that the city's assessment simply cannot give you right now.
fleetwood | surrey | october 2026This 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.