Hazelmere, Surrey - August 2026 Real Estate Report

Hazelmere, Surrey: Your Home Is Worth Way More Than the City Thinks

If you own a home in Hazelmere and you've been glancing at your property assessment, here's the honest truth - that number is leaving serious money on the table. The city has the average Hazelmere house pegged at $2,137,117. The HonestDoor Price says $3,290,457. That's a gap of nearly 54%. That's not a rounding error. That's a different house in a different market.

The Vibe: What's Actually Happening in Hazelmere Right Now

Let's break it down by property type, because houses and condos are telling two different stories here.

Houses - Expensive, Stable, and Holding Ground

Hazelmere houses are among the priciest in all of Surrey. On the neighbourhood leaderboard, we rank 8th out of 45 Surrey neighbourhoods for price. That puts us firmly in the top tier. The average sale price is sitting at $1,560,000 and the price per square foot is around $815.

The HonestDoor predicted market value for houses is $3,259,903 - slightly down from the 3-month moving average of $3,279,794, which tells us the market is taking a breather rather than dropping off a cliff. Values have nudged up 0.09% recently, and the neighbourhood growth rate ranks 22nd out of 45 Surrey neighbourhoods - right in the above-average zone.

• Average HonestDoor Price (Houses): $3,290,457
• Average Assessed Value: $2,137,117
• HonestDoor Price vs. Assessment: 53.97% higher
• Average Sale Price: $1,560,000
• Price Per Square Foot: $815
• Estimated Monthly Rent: $8,805
• Rental Yield: 3.55%
• Airbnb Rank in Surrey: 3rd
• Price Rank in Surrey: 8th out of 45
• Growth Rank in Surrey: 22nd out of 45

One thing worth flagging - only 1 property sold in 2026 so far. Low transaction volume in a neighbourhood like this is normal. Hazelmere is not a high-turnover area. When homes here do sell, they move at a premium.

Condos - A Smaller Market, But Quietly Gaining

The condo picture in Hazelmere is a bit more niche. The average HonestDoor Price for condos is $781,939, which has dipped 1.07% from the previous period. But here's the flip side - the predicted market value of $790,404 is actually creeping up past the 3-month moving average of $789,833. So while the broader condo number softened slightly, the short-term trend is pointing upward.

• Average HonestDoor Price (Condos): $781,939
• Predicted Market Value: $790,404
• Estimated Monthly Rent: $3,528
• Rental Yield: 3.38%
• Airbnb Estimate: $174 per night
• Growth Rank in Surrey: 15th out of 44

Condo growth ranks 15th out of 44 comparable Surrey neighbourhoods - that's above average. For investors or owners thinking about their next move, that ranking matters.

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

Here's the thing about your BC Assessment - it's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it's already old news. The market doesn't wait for paperwork.

The HonestDoor Price is updated in real time using actual sales data, current market conditions, and comparable properties. For Hazelmere house owners, that means the difference between the city's number and the HonestDoor number is $1,153,340. That's not a small discrepancy. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value alone is like navigating with a map from last year.

Hazelmere also ranks 4th in Surrey for average assessed value and 3rd for Airbnb income potential. This neighbourhood punches well above its weight. Your HonestDoor Price reflects that. Your tax assessment does not.

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

If you're a Hazelmere homeowner eyeing a summer sale, here's the straight talk.

The market is stable, not surging. Growth dipped a marginal 0.02% year over year - essentially flat. But flat in Hazelmere still means you're sitting on one of the most valuable pieces of real estate in Surrey. With only 1 transaction recorded in 2026 so far and 415 properties assessed in the neighbourhood, supply is tight. Tight supply with strong demand is exactly the setup sellers want.

Your closest neighbours tell the story well. Douglas homes average $1,441,511 on HonestDoor and are growing slower. Fern Ridge comes in at $2,285,122. Hazelmere at $3,290,457 is in a different league. Buyers who want this neighbourhood know they're paying for something specific - the land, the space, the location. That doesn't disappear in a slow market.

The rental story also adds a layer of flexibility. At $8,770 per month in estimated rent and a 3.55% yield, holding the property while you wait for the right offer is a real option - not just a fallback plan.

Bottom line - check your HonestDoor Price before you do anything else. The city's number is a starting point. Your real-world number is a lot more interesting.

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.