Johnson Heights, Surrey - August 2026 Real Estate Report

Johnson Heights, Surrey: Your Neighbour Just Got a Better Number Than the City Gave Them

If you own a home in Johnson Heights and the last number you checked was your BC Assessment, you might be leaving real money on the table - or making decisions based on a snapshot that is already months out of date. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos in Johnson Heights

The two sides of our market are telling slightly different stories, and it is worth knowing which one you are in.

Houses - Holding Steady With a Quiet Upward Lean

If you have been watching the "For Sale" signs in Johnson Heights, here is what is actually happening with houses. The average sale price is sitting at $1,066,500, and the predicted market value from HonestDoor is $1,268,460 - already ticking up past the 3-month moving average of $1,265,120. That is not a dramatic surge, but it is movement in the right direction.

• Average Sale Price: $1,066,500
• HonestDoor Predicted Value: $1,268,460
• Price Per Square Foot: $738
• Estimated Monthly Rent: $4,891
• Rental Yield: 4.38%
• Properties Sold in 2026: 4 (houses), 11 total transactions in the neighbourhood
• Neighbourhood Growth Rank: 18 out of 45 in Surrey - above average on the leaderboard
• Price Rank: 21 out of 45 in Surrey - above average

We are not at the top of the Surrey leaderboard, but sitting above the midpoint in both growth and price is a solid position. Four sales in the current period with values essentially unchanged tells us demand is quiet but not dead. The rental story is decent too - $4,891 a month with a 4.38% yield is what we would call moderate but respectable for a Surrey house.

Condos - Taking a Breather, But Still in the Game

Our condo market is a different picture. The HonestDoor Price for condos is $505,793, which has dipped 0.75% recently and sits 3.31% below the average assessed value in Surrey. That gap between what the city thinks your condo is worth and what the real-world market says is exactly the kind of thing you need to know before you price a listing or make an offer.

• Average Sale Price: $455,700
• HonestDoor Predicted Value: $509,629
• Price Per Square Foot: $595
• Estimated Monthly Rent: $2,539
• Rental Yield: 3.83%
• Properties Sold in 2026: 5 condos, ranking 6th in Surrey for total transactions
• Neighbourhood Growth Rank: 23 out of 44 in Surrey - below average on the leaderboard
• Price Rank: 17 out of 27 in Surrey - below average

The condo side is taking a breather. Growth ranks below average and the recent value change is -0.62%. That said, our condos are outselling Fleetwood on price - our average sale of $455,700 beats Fleetwood's $406,250. So we are not the cheapest option nearby, which matters when buyers are comparison shopping across Surrey.

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

Here is the honest truth about BC Assessments. They are calculated once a year using data that is already old by the time it lands in your mailbox. The city assessed the average Johnson Heights house at $1,242,821. The HonestDoor Price says $1,264,550. That is a $21,729 difference - and it is updated in real time, not once a year.

For condos, the gap runs the other way. The city assessed the average condo at $523,086, but the HonestDoor Price is $505,793. If you are a condo owner pricing your unit based on your assessment, you could be setting expectations too high and sitting on the market longer than you need to.

The HonestDoor Price is the real-world check. It reflects what buyers are actually paying right now, not what a government formula calculated last July. With 3,951 houses and 2,495 condos assessed in Johnson Heights this year, there is plenty of data feeding into that number - and it is the one worth watching.

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

If you are a house owner in Johnson Heights and thinking about listing this summer, the timing is not bad. Values are nudging upward, your neighbourhood sits above average on the Surrey growth leaderboard, and the HonestDoor Price of $1,264,550 gives you a stronger starting point than your assessment alone. With only 4 house sales recorded in the current period, inventory is tight - and tight inventory generally works in a seller's favour.

If you own a condo, go in with clear eyes. The market is softer, growth ranks below average, and the HonestDoor Price is running below the assessed value. That does not mean do not sell - it means price it right from day one. An overpriced condo in a cooling stretch sits. A well-priced one moves.

Either way, the smartest move before you call an agent is to pull your HonestDoor Price. It is the number that reflects today's market - not last year's paperwork.

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.