Johnson Heights, Surrey - October 2026 Real Estate Report
Johnson Heights, Surrey: Your Home Is Probably Worth Less Than Your Assessment Says
If you have been keeping an eye on your property value in Johnson Heights, here is the straight story. The market is taking a breather - and your city assessment may be giving you a rosier picture than what buyers are actually paying right now.
The Vibe: What Is Happening With Houses and Condos
Let us break it down by property type, because the two stories are pretty different.
Houses in Johnson Heights
The average HonestDoor Price for a house here sits at $1,231,340. That is already $11,481 below the average assessed value of $1,242,821 - and it has slipped another 0.86% from the previous period. The 3-month moving average is $1,258,361, and we are currently tracking below that at a predicted market value of $1,242,072. Values have shifted -1.78% recently.
- Average HonestDoor Price: $1,231,340
- Average Assessed Value: $1,242,821
- Recent Value Change: -1.78%
- Price Per Square Foot: $327
- Estimated Monthly Rent: $4,793
- Rental Yield: 4.41%
- Transactions in 2026: 12
- Neighbourhood Growth (Year Over Year): -0.07%
On the neighbourhood leaderboard, houses in Johnson Heights rank 39 out of 41 for growth and 43 out of 45 for price in Surrey. That puts us near the bottom for both categories right now. Only 1 house sold this month, and the average sale price came in at $390,000 - well below the broader HonestDoor Price average. Low transaction volume means each sale carries a lot of weight, so take that number with some context in mind.
Condos in Johnson Heights
The condo picture is a bit more active on the sales side, but values are under more pressure. The average HonestDoor Price for condos is $488,332 - that is 6.64% below the average assessed value of $523,086, and it has dropped 2.55% from the previous period. The predicted market value sits at $501,126, which is also trending below the 3-month moving average of $505,516.
- Average HonestDoor Price: $488,332
- Average Assessed Value: $523,086
- Recent Value Change: -0.92%
- Price Per Square Foot: $416
- Estimated Monthly Rent: $2,439
- Rental Yield: 3.85%
- Transactions in 2026: 18
- Neighbourhood Growth (Year Over Year): -0.04%
One condo sold this month at an average of $626,000 - up 47% from last month, though with just one sale, that swing is more of a data point than a trend. On the leaderboard, condos rank 34 out of 44 for growth and 16 out of 27 for price in Surrey. Below average on both counts, but not at the very bottom. Worth noting: we are still beating Whalley condos on price, where the HonestDoor Price is $456,661.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now
Your BC Assessment is a snapshot frozen in time - it reflects market conditions from July 1st of the prior year. A lot can shift in 12 months. Right now in Johnson Heights, the HonestDoor Price is running below assessed value for both houses and condos. That gap is not a glitch - it is the market talking.
For houses, the HonestDoor Price is 0.92% below the assessed value. For condos, that gap widens to 6.64%. If you are using your assessment to set expectations about what your home is worth today, you could be starting from the wrong number. The HonestDoor Price pulls from real-time sales data and current market signals - it is the number that reflects what a buyer would actually put on paper today.
With 3,951 houses and 2,495 condos assessed in the neighbourhood this year, there is plenty of data to work with. But assessed value and market value are two different conversations right now in Johnson Heights.
The So What: Thinking About Selling This Summer?
Here is the honest take. Johnson Heights is not the hottest market in Surrey at the moment. Growth is negative year over year for both property types, and our rankings on the Surrey leaderboard are sitting in the lower half. That does not mean you should not sell - it means you need to go in with clear eyes.
A few things to keep in mind before you list:
- Nearby East Newton North has an average HonestDoor Price of $1,470,275 for houses - that is $239,000 more than Johnson Heights. Buyers comparison-shopping will notice.
- Fleetwood houses are cheaper at $1,173,127 but growing slightly faster at -0.06% versus our -0.07%. Tight margins, but worth knowing.
- If you own a condo, Fleetwood is priced higher at $605,914 versus our $488,332 - so we are the more affordable option, which can attract first-time buyers.
- Rental demand is real. A house here can pull $4,793 per month in estimated rent, which gives buyers a reason to look even if appreciation is slow.
- Pricing sharp from day one matters more in a slow-transaction market. With only 12 house sales in all of 2026 so far, sitting on the market is a real risk.
Bottom line - if you are selling this summer, check your HonestDoor Price before you set your number. The assessment on your tax notice is not your friend right now. The real-world market is telling a slightly different story, and knowing that gap puts you ahead of most sellers on your block.
johnson heights | surrey | october 2026This 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.