Hazelmere, Surrey - September 2026 Real Estate Report

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

If you have been glancing at your property assessment notice and feeling a little underwhelmed, here is the real talk: the City of Surrey is sitting on numbers that do not reflect what your home is actually worth in today's market. Hazelmere is one of Surrey's priciest pockets, and the gap between what the government says your home is worth and what it could actually fetch is massive.

The Vibe: What Is Actually Happening in Hazelmere Right Now

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

Houses - Still the Crown Jewel of Surrey

If you own a house in Hazelmere, you are sitting on one of Surrey's most valuable assets. Here is the snapshot:

• Average HonestDoor Price: $3,258,592
• Predicted Market Value: $3,288,834 - and climbing from the 3-month average of $3,267,306
• Average Sale Price (recent transactions): $1,560,000
• Price per square foot: $815
• Estimated monthly rent: $8,770 - $8,815
• Rental yield: 3.55%
• Airbnb potential: $438 per night - ranked 3rd in all of Surrey
• Growth rank: 3rd out of 46 neighbourhoods in Surrey
• Price rank: 9th most expensive out of 45 neighbourhoods in Surrey

That growth rank is the number we want to talk about. Third out of 46 neighbourhoods puts Hazelmere houses on the Surrey leaderboard right near the top. Values have nudged up 0.95% recently, and the 3-month trend is pointing in the right direction. We are not in a runaway bull market, but we are holding strong while a lot of other Surrey neighbourhoods are sliding.

One thing worth noting - only 1 house sold in Hazelmere in 2026 so far. That is not a red flag, it is just the reality of a high-value, low-turnover neighbourhood. When homes here do sell, they move at serious prices.

Condos - A Softer Picture, Worth Watching

The condo side of Hazelmere is a different story, and we should be honest about it.

• Average HonestDoor Price: $774,902 - down 0.90% from the previous period
• Predicted Market Value: $781,939 - dipping below the 3-month average of $785,878
• Estimated monthly rent: $3,469 - $3,512
• Rental yield: 3.39%
• Airbnb potential: $172 per night - ranked 19th in Surrey
• Growth rank: 27th out of 44 neighbourhoods in Surrey
• Recent value change: -1.07%

Condos here are taking a breather. A 27th-out-of-44 growth ranking puts us below the Surrey average for this property type, and the predicted value is trending slightly down. If you own a condo in Hazelmere, this is not a panic moment - but it is a reason to keep a close eye on your HonestDoor Price rather than assuming things are fine.

The Secret Sauce: Why Your Tax Assessment Is Basically Useless Right Now

Here is the number that should make every Hazelmere homeowner stop and pay attention. The average government assessed value for a house here is $2,134,323. The average HonestDoor Price is $3,258,592. That is a gap of 52.68% - meaning Surrey's official assessment is undervaluing the typical Hazelmere house by over a million dollars.

Government assessments are snapshots frozen in time. They are calculated from data that is already months old by the time you read them. The HonestDoor Price pulls from real-world signals - recent sales, current market movement, neighbourhood trends - and updates in real time. It is the difference between checking yesterday's weather forecast and actually looking out the window.

For Hazelmere homeowners, that gap matters in a few very real ways. If you are refinancing, your borrowing power could be significantly higher than your assessment suggests. If you are thinking about selling, pricing off the assessment could mean leaving hundreds of thousands of dollars on the table. And if you are just curious what your biggest asset is actually worth today, the HonestDoor Price is the number to trust.

The So What - Should You Sell in Hazelmere This Summer?

If you own a house in Hazelmere and have been on the fence about selling, the case for moving this summer is real. Here is why:

• You are in a top-3 growth neighbourhood out of 46 in Surrey - that is a strong selling story
• Your HonestDoor Price is trending upward, not down
• Inventory in Hazelmere is thin - only 1 transaction recorded in 2026 so far - which means less competition for you as a seller
• Buyers looking at nearby neighbourhoods like Douglas (average HD Price $1,429,776) and Fern Ridge ($2,268,148) will quickly see that Hazelmere commands a premium - and the data backs it up

The short version: if you are a house owner here, the market is on your side right now. Thin supply, strong pricing, and a neighbourhood that ranks near the top of Surrey's leaderboard. That combination does not last forever.

If you own a condo, take a breath before making any big moves. The trend is softening and it is worth watching another month or two to see if the dip stabilizes before listing.

Either way, pull up your HonestDoor Price before you do anything else. It is the most accurate read on what your Hazelmere property is worth right now - not what it was worth when the city last bothered to check.

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.