Hazelwood, Abbotsford - July 2026 Real Estate Report

Hazelwood, Abbotsford: Your Neighbour Probably Doesn't Know Their Home Is Worth More Than They Think

If you own a home in Hazelwood and the last number you checked was your city assessment, you're leaving real money on the table. Here's the straight story on what's actually happening in our corner of Abbotsford right now.

The Vibe: What's Going On With Houses and Condos

Let's split this into two honest conversations - one for house owners, one for condo owners, because the stories are pretty different.

Houses in Hazelwood

If you've been watching the "For Sale" signs around here, the house market is holding its ground. The average HonestDoor Price for a Hazelwood house sits at $1,065,284. Yes, it's nudged down 0.70% from last period, but that's the market taking a breather - not falling apart.

• Average HonestDoor Price: $1,065,284
• Predicted market value: $1,072,743 - up from the 3-month average of $1,055,676
• Average assessed value: $1,023,596
• Price per square foot: $740
• Average sale price: $500,000
• Estimated monthly rent: $4,358
• Rental yield: 4.64%
• Recent value change: up 0.61%

On the neighbourhood leaderboard, Hazelwood houses rank 10 out of 22 for growth in Abbotsford - solidly above average. For price, we rank 21 out of 22, which means we're one of the most affordable spots in the city. That's actually a good thing if you're buying in, and it means there's room to run if you're selling.

How do we stack up against the neighbours? Our average sale price of $500,000 beats Historic Downtown's $470,250. City Centre is cheaper overall, and both City Centre and Immel McMillan are growing slightly faster - but neither is dramatically pulling away from us.

Condos in Hazelwood

Here's where things get interesting for us condo owners. The HonestDoor Price for condos is $313,680 - down 4.73% from last period, which is worth paying attention to. But the forward-looking numbers tell a different story.

• Average HonestDoor Price: $313,680
• Predicted market value: $329,260 - up from the 3-month average of $322,977
• Estimated monthly rent: $1,680
• Rental yield: 4.15%
• Recent value change: up 3.47%
• Airbnb estimate: $82 per night

On the neighbourhood leaderboard, Hazelwood condos rank 2 out of 21 for growth in Abbotsford. That's a top performer stat. The recent 3.47% value increase is real momentum. Compared to nearby neighbourhoods, condos here are significantly more affordable than Historic Downtown ($510,510), City Centre ($447,090), and Immel McMillan ($503,485) - we're the entry point into Abbotsford condo ownership, and the growth numbers suggest buyers are starting to notice.

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

Your city assessment is a snapshot from last year. It's already old news by the time it lands in your mailbox. The HonestDoor Price is updated in real time using actual market signals - recent sales, price trends, and what buyers are genuinely paying right now.

For Hazelwood house owners, that gap is not small. The average city assessment is $1,023,596. The average HonestDoor Price is $1,065,284. That's a difference of roughly $41,688 - or 4.07% more than what the city thinks your home is worth. If you're making any financial decision based on your assessment alone - refinancing, estate planning, or pricing a sale - you're working with a number that's already behind the market.

Check your HonestDoor Price at honestdoor.com. It takes about 30 seconds and it's free. That's the real-world check your assessment can't give you.

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

Here's the honest take for anyone considering a move in Hazelwood this summer.

For house sellers - the predicted market value of $1,072,743 is trending up from the 3-month average. The market isn't on fire, but it's not stalling either. With a growth rank of 10 out of 22 and a price rank that makes us one of the most affordable detached-home neighbourhoods in Abbotsford, you're in a spot where motivated buyers looking for value will find you. Price it right and you won't be sitting long.

For condo sellers - the 3.47% recent value increase and a top-2 growth ranking in the city are genuinely strong signals. The HonestDoor Price has dipped recently, so timing and accurate pricing matter more than ever. Don't guess. Pull your current HonestDoor Price, see where you actually stand, and price with confidence rather than hope.

Bottom line - Hazelwood is not a flashy headline neighbourhood, and that's fine. It's a steady, affordable, above-average performer. If you know your real numbers, you can make smart moves. If you're going off your assessment, you're flying a little blind.

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.