Fraser Heights, Surrey - September 2026 Real Estate Report

Fraser Heights, Surrey: Prices Are Holding, But the Market Is Sending Signals

If you've been watching the "For Sale" signs in Fraser Heights lately, here's the honest read: this neighbourhood is not in freefall, but it's not on fire either. Values are easing, sales are quiet, and the gap between what the city thinks your home is worth and what a buyer will actually pay is getting interesting. Here's what the numbers really mean for you.

The Vibe: Houses vs. Condos

Let's start with houses, because that's where most of us in Fraser Heights are sitting.

• Average HonestDoor Price (houses): $1,544,760
• Average assessed value: $1,533,650
• Average sale price in 2026: $1,147,143
• Price per square foot: $634
• Properties sold in 2026: 7 houses, 19 total transactions across the neighbourhood
• Predicted market value: $1,560,942
• Estimated rent: $5,678 per month
• Rental yield: 4.06%

Seven house sales is a thin market. That's not panic - it's just slow. The predicted value of $1,560,942 is nudging down against the 3-month moving average of $1,563,038, which tells us the momentum is slightly negative right now. The neighbourhood growth rate is down 0.05% year over year. Not a crash, but the market is taking a breather.

On the leaderboard, Fraser Heights houses rank 10 out of 46 Surrey neighbourhoods for growth - that's solidly above average. For price, we sit at 19 out of 45 - also above average. We're not leading the pack, but we're not at the back either.

Now for condos. The condo story here is a bit more cautious.

• Average HonestDoor Price (condos): $492,521
• Average assessed value: $494,876
• Average sale price in 2026: $518,000
• Price per square foot: $719
• Properties sold in 2026: 1 condo
• Predicted market value: $498,704
• Estimated rent: $2,513 per month
• Rental yield: 3.84%

One condo sale is barely a data point, so take the averages with some perspective. What we can say is that the HonestDoor Price has dipped 1.24% from the previous period, and the predicted value of $498,704 is sliding against the 3-month moving average of $504,503. The recent value change sits at -1.89%. Condos here rank 33 out of 44 Surrey neighbourhoods for growth - that's below average, and worth knowing if you're holding a condo and thinking about timing.

One bright spot: our average condo sale price of $518,000 still beats nearby Guildford at $485,000. We're not the cheapest option on the block.

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

Here's the thing about your city assessment: it's a snapshot from the past. The assessed value for houses in Fraser Heights is $1,533,650 - but that number was calculated using data that's already months old by the time it lands in your mailbox.

The HonestDoor Price updates in real time. Right now, it's sitting at $1,544,760 for houses - about 0.72% above the assessed value. That gap might sound small, but on a $1.5 million home, it's over $11,000. For condos, the story flips: the HonestDoor Price of $492,521 is actually 0.48% below the assessed value of $494,876. If you're a condo owner using your assessment to price a listing, you could be starting too high before negotiations even begin.

The HonestDoor Price is the real-world check. It accounts for what's actually selling around you right now - not what sold 12 months ago when conditions were different. In a market that's shifting, that difference matters.

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

If you own a house in Fraser Heights and you're weighing a summer sale, the window is workable but not wide open. Here's the straight talk:

• Your HonestDoor Price of $1,544,760 gives you a realistic anchor - use it, not the assessment
• Values are dipping slightly, so waiting for a rebound is a gamble with no guaranteed payoff
• 7 house sales in the neighbourhood means low competition for sellers, but also fewer comparable sales to justify a top-dollar ask
• At $5,678 per month in estimated rent, holding and renting is a real option if selling feels rushed
• Nearby Tynehead is priced slightly higher at $1,584,007 - buyers comparison-shopping will notice

If you own a condo, be more careful. The growth rank of 33 out of 44 is a signal that condo demand in Fraser Heights is softer than the house market. Pricing sharp and moving quickly is smarter than holding out for a number the market isn't currently supporting.

Bottom line: Fraser Heights is a solid neighbourhood with real value. But right now, the market rewards sellers who price honestly and move decisively. Check your HonestDoor Price at HonestDoor.com - it's the most current read you've got.

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.