Fraser Heights, Surrey - October 2026 Real Estate Report
Fraser Heights, Surrey: Your Home Is Worth More Than You Think - But the Market Is Shifting
If you live in Fraser Heights and you have not checked your HonestDoor Price lately, now is the time. The city's assessment number on your tax notice is already out of date. The real story is a little more nuanced - and knowing it could save you from leaving money on the table, or chasing a price the market will not support.
The Vibe: What Is Actually Happening in Fraser Heights Right Now
Let's be straight with each other. Our neighbourhood is taking a breather. Growth dipped 0.05% year over year, and the HonestDoor Price is trending down slightly across both houses and condos. That is not a panic signal - it is a reality check. Here is how houses and condos are stacking up separately, because they are telling two different stories.
Houses
If you own a house in Fraser Heights, you are still sitting on serious value. The average HonestDoor Price for houses is $1,527,663, and the predicted market value sits at $1,545,597. That predicted number is actually dipping compared to the 3-month moving average of $1,556,270, which tells us the short-term momentum is softening. Values have shifted -1.00% recently.
- Average HonestDoor Price: $1,527,663
- Predicted Market Value: $1,545,597
- 3-Month Moving Average: $1,556,270
- Recent Value Change: -1.00%
- Average Price Per Square Foot: $448
- Estimated Monthly Rent: $5,636
- Rental Yield: 4.07%
- Properties Sold This Month: 1
- Growth Rank: 16 out of 41 neighbourhoods in Surrey - above average on the leaderboard
- Price Rank: 21 out of 45 - above average in price across Surrey
On the leaderboard, houses in Fraser Heights rank 16th out of 41 Surrey neighbourhoods for growth. That puts us solidly in the upper half. Compare that to nearby Guildford, where the HonestDoor Price is $1,072,956 and growth is actually declining faster at -0.07%. Tynehead edges us out slightly at $1,564,796, but their growth is also down -0.05% - same as ours. We are holding our own in good company.
Condos
The condo picture needs a more honest conversation. The average HonestDoor Price for condos is $481,028, which is down 2.33% from the previous period. The predicted market value is $492,521, also slipping from a 3-month moving average of $499,839. Values have moved -1.24% recently.
- Average HonestDoor Price: $481,028
- Predicted Market Value: $492,521
- 3-Month Moving Average: $499,839
- Recent Value Change: -1.24%
- Average Price Per Square Foot: $719
- Average Sale Price: $518,000
- Estimated Monthly Rent: $2,487
- Rental Yield: 3.85%
- Properties Sold This Month: 1
- Growth Rank: 37 out of 44 neighbourhoods in Surrey - bottom performers on the leaderboard
- Price Rank: 13 out of 27 - above average in price across Surrey
That growth rank of 37 out of 44 is the number we need to talk about. Our condos are priced above average for Surrey, but they are growing slower than most of the competition. The one bright spot - our average sale price of $518,000 still beats nearby Guildford condos at $485,000. We are more expensive, but the growth engine is not firing right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about that assessed value on your property tax notice. It is a snapshot from months ago, calculated by the city using broad strokes. It does not know what sold on your street last week. It does not adjust for the fact that the 3-month moving average on Fraser Heights houses is already sliding from $1,556,270 toward $1,545,597.
For houses, the average assessed value is $1,533,912. The HonestDoor Price right now is $1,527,663 - that is 0.41% lower than the assessed value. For condos, the gap is even bigger. The average assessed value is $494,876, but the HonestDoor Price is $481,028 - that is 2.80% lower than what the city thinks your condo is worth.
If you are a condo owner pricing your unit based on your tax assessment, you are starting from a number that is already $13,848 above where the real-world market is sitting. That is the kind of gap that makes buyers walk away and leaves your listing sitting. The HonestDoor Price is the real-world check - updated continuously, not once a year.
The So What - Thinking About Selling This Summer?
If you own a house and you are thinking about listing this summer, the window is open but it is not getting wider. Values are above average for Surrey, we rank 16th on the growth leaderboard, and a house here can still command $1,527,663 on average. But the 3-month trend is pointing down, not up. Waiting until fall to see if prices recover is a gamble right now.
If you own a condo, the conversation is more urgent. A growth rank of 37 out of 44 means most of Surrey's condo markets are outpacing ours. Buyers have options. Pricing sharp - using your HonestDoor Price as the anchor, not the assessed value - is the difference between a deal that closes and a listing that sits.
For anyone thinking about renting instead of selling, the numbers are not bad. Houses are pulling an estimated $5,636 per month with a 4.07% rental yield. Condos sit at $2,487 per month with a 3.85% yield. Both are described as moderate returns - not a home run, but a steady base if you want to hold and wait.
Bottom line - Fraser Heights is still one of Surrey's higher-priced neighbourhoods, and that matters. But the market is telling us to be realistic, price accurately, and move with intention. Check your HonestDoor Price at HonestDoor.com before you make any decisions. It is the number that actually reflects today, not last year.
fraser heights | 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.