Fraser Heights, Surrey - July 2026 Real Estate Report

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

If you've been glancing at your latest property assessment and wondering if that number is actually what your place is worth - it's not. The city's assessment is a snapshot from months ago. The HonestDoor Price is what's happening right now, and in Fraser Heights, the gap is real money.

The Vibe: What's Actually Going On Out Here

Fraser Heights is holding its ground in a market where a lot of Surrey neighbourhoods are slipping. With 4,628 properties assessed this year and neighbourhood growth sitting at -0.05% year over year, we're not in a boom - but we're not falling apart either. Think of it as the market taking a breather while still sitting at a high altitude.

Houses: The Numbers That Matter

• Average HonestDoor Price: $1,561,136
• Average Assessed Value: $1,533,650
• That's a gap of roughly $27,000 - real money sitting unrecognized on paper
• Predicted Market Value: $1,566,412 - trending up from the 3-month average of $1,552,948
• Average Sale Price This Month: $1,350,000, up 18.8% from last month
• Price Per Square Foot: $615
• Estimated Monthly Rent: $5,691 with a rental yield of 4.05%
• Airbnb Potential: $283 per night
• Growth Rank: 13 out of 41 neighbourhoods in Surrey - that puts us in the above-average tier on the Surrey leaderboard
• Price Rank: 18 out of 45 - above average in price across Surrey

One house sold this month, and that sale came in at $1,350,000. That single data point is worth watching. When volume is low and prices jump, it usually means motivated sellers are gone and the ones left are holding firm. For us as homeowners, that's a decent sign.

Compare that to nearby Guildford at an HonestDoor Price of $1,099,132 and growth of -0.07%. We're sitting roughly $462,000 higher in value and outpacing them on growth. Tynehead edges us out slightly at $1,601,325, but their growth is also -0.05% - same as ours. Mary Hill comes in at $1,339,654 with slightly faster growth at -0.04%, but they're still nearly $220,000 behind us in price.

Condos: A Smaller Market, But Moving in the Right Direction

• Average HonestDoor Price: $508,293 - up 0.35% from last period
• Average Assessed Value: $494,876
• Gap between the two: over $13,000 that the tax assessment is missing
• Predicted Market Value: $506,511 - rising from the 3-month average of $498,262
• Average Sale Price: $518,000
• Price Per Square Foot: $719
• Estimated Monthly Rent: $2,546 with a rental yield of 3.82%
• Airbnb Potential: $127 per night
• Growth Rank: 10 out of 42 neighbourhoods in Surrey - solidly above average
• Price Rank: 15 out of 26 - middle of the pack on price

The condo side of Fraser Heights is a smaller pool - only 311 properties assessed and 2 transactions in 2026 so far. But the trajectory is positive. The predicted value is climbing, and we're beating Guildford condos by roughly $43,000 in HonestDoor Price. That's not nothing for a condo owner thinking about their next move.

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

Here's the thing about BC Assessment numbers - they're calculated using data from July 1 of the previous year. By the time that letter hits your mailbox, the number is already stale. The market has moved. Rates have shifted. Buyers have changed what they're willing to pay.

The HonestDoor Price pulls from real-time sales data, current market conditions, and what comparable homes are actually trading for right now. For a Fraser Heights house, that means the HonestDoor Price is running 1.79% above the assessed value. On a $1.5 million home, that's roughly $27,000 that the city's number is leaving on the table.

If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - use the HonestDoor Price as your real-world check. The assessment is for tax purposes. The HonestDoor Price is for the real world.

The So What: Should You Sell in Fraser Heights This Summer?

Straight talk - the conditions are not bad. Here's why.

• Predicted values are trending up, not down - $1,566,412 for houses and rising
• We rank 13 out of 41 on the Surrey growth leaderboard for houses - that's a top-third position
• Neighbouring hoods like Guildford are cheaper and growing slower - buyers who get priced out of Fraser Heights don't have a lot of obvious upgrades nearby
• Rental demand is strong - $5,678 per month estimated for houses means buyers who can't quite afford to buy are still competing for rentals, which supports values
• Transaction volume is low - only 10 total property transactions in 2026 so far - which means less competition among sellers right now

Low inventory and rising predicted values is about as good a setup as you can ask for heading into summer. If your home has been sitting in your mind as a "maybe someday I'll sell" - someday might be closer than you think. Check your HonestDoor Price first. Know your real number before you call anyone.

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.