Hazelmere, Surrey - July 2026 Real Estate Report

Hazelmere Real Talk: Your Home Is Worth Way More Than the City Thinks

If you have been glancing at your property tax notice and wondering if the numbers add up, here is the short answer: they do not. The city's assessment is sitting at an average of $2,137,117 for houses in Hazelmere. The average HonestDoor Price is $3,259,903. That is a gap of over $1.1 million, or 52.54% higher than what the government has on file. That is not a rounding error. That is real money sitting on the table.

The Vibe - Houses vs. Condos in Hazelmere

Let us break down what is actually happening on our streets right now.

Houses

We are in high-value, slow-moving territory. One house sold recently at an average price of $1,560,000, with price per square foot around $815. The HonestDoor predicted market value for houses sits at $3,256,831, which is slightly off the 3-month moving average of $3,291,621. Values have dipped about 1.98% recently, and on the neighbourhood growth leaderboard, Hazelmere houses rank 40 out of 41 in Surrey. Bottom of the pack for momentum, but near the top for price - ranking 8 out of 45 for price in Surrey. So we are expensive and quiet, not cheap and quiet.

• HonestDoor Price (Houses): $3,256,831
• 3-Month Moving Average: $3,291,621
• Recent Value Change: -1.98%
• Price Per Square Foot: $815
• Estimated Monthly Rent: $8,881
• Rental Yield: 3.54%
• Growth Rank in Surrey: 40 out of 41
• Price Rank in Surrey: 8 out of 45

If you own a house here and are thinking about renting it out, $8,881 per month in estimated rent is nothing to sneeze at. And if short-term rentals are on your radar, Hazelmere holds the number 3 Airbnb rank in all of Surrey, with an estimated $437 per night. That is a serious income play for the right property.

Condos

Our condo market is taking a breather too. The HonestDoor Price for condos comes in at $790,404, up 0.65% from the previous period, which is a small but positive nudge. The predicted market value is $785,291, just under the 3-month moving average of $794,536. Values have slipped 1.07% recently. On the growth leaderboard, condos rank 36 out of 42 in Surrey - also near the bottom for momentum.

• HonestDoor Price (Condos): $790,404
• Recent HonestDoor Price Change: +0.65%
• Predicted Market Value: $785,291
• 3-Month Moving Average: $794,536
• Recent Value Change: -1.07%
• Estimated Monthly Rent: $3,524
• Rental Yield: 3.38%
• Growth Rank in Surrey: 36 out of 42

Compared to nearby neighbourhoods, Douglas condos are actually pricier at $1,018,450, while Fern Ridge and Grandview come in cheaper. So within our corner of Surrey, Hazelmere condos are mid-range - not the cheapest option, but not the most expensive either.

The Secret Sauce - Why Your HonestDoor Price Matters Right Now

Here is the thing about government assessments: they are a snapshot from the past. The city looks at sale data from a specific cutoff date, runs it through their formula, and mails you a number. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time. It pulls from current sales, current market signals, and current demand. For Hazelmere house owners, that means the difference between a $2,137,117 assessment and a $3,259,903 HonestDoor Price is not just a number on a screen - it is the difference between knowing what your home is actually worth today versus what a spreadsheet said it was worth months ago.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Do not let a stale government number be the last word on your biggest asset.

The So What - Should You Sell This Summer?

Straight talk: Hazelmere is a premium address in Surrey, but the market is not racing right now. Growth is ranked near the bottom of the Surrey leaderboard for both houses and condos, and values have pulled back slightly over the recent period. That is not a crisis - it is a breather.

Here is what that means if you are thinking about listing this summer:

• You are selling into a high-price, low-volume market. One house sold recently. Buyers exist, but they are selective.
• Pricing sharp matters more than ever. The gap between your HonestDoor Price and the assessed value is massive - use the HonestDoor number as your starting point for conversations with your agent, not the tax notice.
• If your timeline is flexible, watch the 3-month moving average. It is currently above the predicted value, which means prices have been higher recently. Waiting for a recovery in momentum could pay off.
• If you need to move now, Hazelmere still ranks 8 out of 45 for price in Surrey. You are selling a premium property in a premium pocket. That story still sells.

Bottom line: Hazelmere is not a neighbourhood you panic-sell. It is a neighbourhood where knowing your real number - your HonestDoor Price - puts you in control of the conversation.

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.