Fraser Heights, Surrey - August 2026 Real Estate Report

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

If you have been watching the "For Sale" signs in Fraser Heights lately, here is what is actually happening. The city's assessment says one thing. The real market says another. And for most homeowners here, the gap is worth knowing about.

The Vibe: What Is Going On With Houses and Condos Right Now

Let's break it down by property type, because the two stories are pretty different.

Houses

Our houses are holding serious value. The average HonestDoor Price sits at $1,560,319 - that is $26,669 above what the city assessed the average home at ($1,533,650). The predicted market value is even tighter at $1,561,759, and it is trending upward from the 3-month moving average of $1,560,953. That is a small but real move in the right direction.

• Average HonestDoor Price: $1,560,319
• Average Assessed Value: $1,533,650
• HonestDoor Price vs. Assessment: 1.74% higher
• Average Sale Price This Month: $730,000 (1 sale recorded)
• Price Per Square Foot: $501
• Estimated Monthly Rent: $5,678
• Rental Yield: 4.05%
• Airbnb Potential: $282 per night
• Neighbourhood Growth Rank: 37 out of 45 in Surrey

One thing worth flagging - the average sale price of $730,000 this month looks dramatically low compared to the HonestDoor Price. That is almost certainly a data quirk from having only one transaction recorded. One sale does not make a trend. Do not let that number spook you.

On the neighbourhood leaderboard, houses rank 37 out of 45 for growth in Surrey. That puts us in the lower tier right now. The market is taking a breather. But compare us to nearby Guildford (growth at -0.07%) and we are actually holding up slightly better. Tynehead is running at the same -0.05% growth rate as us, but their average HonestDoor Price is $1,600,318 - only about $40,000 more than Fraser Heights. For the price difference, we offer solid value.

Condos

The condo picture in Fraser Heights is a bit more nuanced. The average HonestDoor Price is $498,704, sitting just above the assessed value of $494,876. The predicted market value comes in at $508,293, which is climbing past the 3-month moving average of $504,153. That upward tick is a decent sign.

• Average HonestDoor Price: $498,704
• Average Assessed Value: $494,876
• HonestDoor Price vs. Assessment: 0.77% higher
• Average Sale Price This Month: $518,000 (1 sale recorded)
• Price Per Square Foot: $719
• Estimated Monthly Rent: $2,513 to $2,552
• Rental Yield: 3.82%
• Airbnb Potential: $125 per night
• Neighbourhood Growth Rank: 18 out of 44 in Surrey

Here is where condos actually outshine houses on the leaderboard. We rank 18 out of 44 neighbourhoods for condo growth in Surrey - that is above average. And our $518,000 average sale price beats nearby Guildford condos at $455,000. If you own a condo in Fraser Heights, you are sitting in a relatively stronger position than a lot of Surrey right now.

The one caution: condo values have dipped 1.89% from the previous period. That is not a cliff, but it is worth watching if you are thinking about timing a sale.

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 last year. They do not know what happened on your street last month. They do not factor in your renovated kitchen or the new park two blocks over.

The HonestDoor Price is updated in real time. It pulls from actual transaction data, current market signals, and comparable sales happening right now. For Fraser Heights houses, that means a number that is $26,669 higher than what the city has on file. For condos, it is $3,828 higher.

That gap is your real-world check. If you are making any financial decision - refinancing, listing, or just figuring out your net worth - the assessed value is already old news. The HonestDoor Price is what the market actually thinks your home is worth today.

With 4,628 houses and 311 condos assessed in Fraser Heights this year, there is a deep pool of data behind these numbers. This is not a guess. It is a live read on your neighbourhood.

The "So What?" - Thinking About Selling This Summer?

If you are a house owner weighing a summer sale, here is the honest take. Values are stable and the HonestDoor Price is nudging upward, but growth is ranked in the bottom third of Surrey neighbourhoods right now. The market is not running hot. That means pricing strategy matters more than ever. Come in too high and you sit. Come in right and you move.

The good news - Fraser Heights still commands premium prices compared to Guildford and holds its own against Tynehead. With an estimated rent of $5,678 per month and a 4.05% rental yield, buyers who are on the fence about purchasing versus renting can see real income potential here. That is a selling point worth putting in your listing.

For condo owners, the story is a bit brighter. Above-average growth rank, a predicted value trending up, and a price point that beats Guildford by a meaningful margin. If your unit is in good shape, summer 2026 is a reasonable window to test the market.

Bottom line - do not walk into any conversation with a buyer, a bank, or a realtor using last year's assessment number. Pull your HonestDoor Price first. It is the number that actually reflects what Fraser Heights is worth right now.

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.