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      Hazelmere, Surrey - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Surrey, Hazelmere

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

      If you have been sitting on a property in Hazelmere and you are still looking at your BC Assessment notice, stop. That number is not the real story. The real story is a 53.66% gap between what the government says your home is worth and what the market actually says. That gap has a name - it is called the HonestDoor Price, and right now in Hazelmere, it is doing a lot of heavy lifting.

      The Vibe - What Is Actually Happening Out Here

      Hazelmere is one of those pockets in Surrey where the numbers are big and the transaction volume is quiet. Only 1 property changed hands in 2026 so far, across 414 assessed properties. That is not a dead market - that is a market where owners hold on tight because they know what they have got.

      The neighbourhood growth rate dipped a tiny 0.02% year over year. Honestly, that is barely a blip. Think of it as the market taking a breather, not backing down.

      Houses - The Premium End of the Block

      We are talking serious money here. The average HonestDoor Price for a house in Hazelmere sits at $3,279,520. The city's assessed average? $2,134,323. That is not a rounding error - that is a $1.1 million difference that your tax assessment is not telling you about.

      • Average HonestDoor Price: $3,279,520 (up 1.06% from last period)
      • Average assessed value: $2,134,323
      • HonestDoor Price is 53.66% higher than the assessed average in Surrey
      • Predicted market value: $3,245,197
      • 3-month moving average: $3,254,045
      • Recent price change: -0.92%
      • Average sale price: $1,560,000
      • Price per square foot: $815
      • Estimated monthly rent: $8,815
      • Rental yield: 3.55%
      • Airbnb potential: $437 per night
      • Surrey Airbnb rank: 3rd

      On the neighbourhood leaderboard, Hazelmere houses rank 10 out of 45 for price in Surrey - that puts us firmly in the top tier. For growth, we sit at 15 out of 41, which lands us in above-average territory. Not leading the pack, but well ahead of the middle of the field.

      The predicted value has dipped slightly below the 3-month moving average, and the recent -0.92% price change is worth watching. But with an Airbnb ranking of 3rd in all of Surrey, the income potential here is hard to ignore.

      Condos - A Different Story

      We do not see a lot of condo action in Hazelmere, but the data is worth knowing. The average HonestDoor Price for condos is $778,756, up 0.50% from last period. Rental income potential sits at $3,480 per month with a 3.42% yield - moderate, but steady.

      • Average HonestDoor Price: $778,756 (up 0.50%)
      • Predicted market value: $774,902
      • 3-month moving average: $782,415
      • Recent price change: -0.90%
      • Estimated monthly rent: $3,469
      • Rental yield: 3.42%
      • Airbnb potential: $173 per night
      • Surrey Airbnb rank: 19th

      On the leaderboard, condo growth ranks 33 out of 44 in Surrey - that puts us below average for this property type. The predicted value is also sitting just under the 3-month moving average. If you own a condo here, it is not a panic situation, but it is not a moment to be complacent either.

      The Secret Sauce - Why Your HonestDoor Price Matters Right Now

      Here is the thing about BC Assessments - they are a snapshot from July 1st of the prior year. By the time that notice hits your mailbox, the data is already stale. The HonestDoor Price pulls from real-time sales activity and current market signals. In Hazelmere, that difference is not a few thousand dollars - it is over a million dollars on a house.

      If you are making any financial decision based on your assessed value - whether that is a refinance, an estate plan, or just figuring out if now is the time to sell - you are working with the wrong number. The HonestDoor Price is the real-world check. Use it.

      The So What - Should You Sell This Summer?

      If you own a house in Hazelmere and you have been on the fence, here is the honest take. The market is not screaming upward right now - the recent -0.92% price movement and the slight dip below the 3-month average tell us we are in a softer patch. But your baseline is still extremely high. A predicted value of $3,245,197 on a property the city assessed at $2,134,323 means you have a significant cushion.

      With only 1 transaction in 2026 so far, serious buyers who want Hazelmere have very few options. Low supply plus high demand is still a seller's friend. If your home is priced right and presented well, this summer could work in your favour - especially with rental income potential of $8,815 per month and an Airbnb rate that ranks 3rd in Surrey. Those numbers attract investors, not just end-users.

      For condo owners, the picture is more cautious. Below-average growth rank and a value trending slightly downward suggest waiting for a clearer signal before listing.

      Bottom line - know your real number before you make any move. Check your HonestDoor Price at HonestDoor.com. It takes 30 seconds and it is free.

      hazelmere | surrey | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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