Newton, Surrey - August 2026 Real Estate Report

Newton, Surrey Real Estate: What Your Neighbour Isn't Telling You

If you've been watching the "For Sale" signs in Newton and wondering what's actually going on with prices, here's the straight story. The market here is steady, not spectacular - but there are some numbers that should make every Newton homeowner pay close attention right now.

The Vibe: Houses vs. Condos in Newton

We're seeing two very different stories play out on our streets depending on what you own.

Houses

Houses in Newton are holding their ground. The average sale price hit $800,000 this month, up 18.6% from last month - though with only 1 property selling, that jump reflects a single deal more than a full market shift. Don't read too much into the month-over-month spike. The bigger, more reliable number is the predicted market value of $1,186,541, which is nudging up from the 3-month moving average of $1,185,717. That's a slow, steady climb - not a rollercoaster.

• Average HonestDoor Price: $1,183,205
• Predicted Market Value: $1,186,541
• Price per square foot: $621
• Estimated monthly rent: $4,525
• Rental yield: 4.59%
• Transactions in 2026: 24 (ranks 3rd in Surrey for total transactions)
• Growth rank: 24 out of 45 neighbourhoods in Surrey
• Price rank: 42 out of 45 - one of the most affordable entry points in Surrey

That price rank is worth sitting with. Being 42nd out of 45 for price means Newton houses are genuinely affordable compared to most of Surrey. For buyers, that's a real opportunity. For sellers, it means pricing strategy matters more here than almost anywhere else in the city.

Condos

Our condo market is where things get interesting. The average sale price came in at $553,500 this month, up 16.0% - again, one sale, so take the monthly swing with a grain of salt. The number we trust more is the predicted market value of $698,205, which is climbing past the 3-month moving average of $688,794. That's a 2.64% recent change in value, and it's earning Newton condos a growth rank of 4th out of 44 neighbourhoods in Surrey. That puts us in the top performers category.

• Average HonestDoor Price: $679,302
• Predicted Market Value: $698,205
• Price per square foot: $647
• Estimated monthly rent: $2,793
• Rental yield: 3.80%
• Transactions in 2026: 7
• Growth rank: 4 out of 44 neighbourhoods in Surrey - top performers
• Price rank: 16 out of 27 - below average in price, meaning room to grow

Newton condos are cheaper than nearby South Newton ($836,750 predicted value) but outpacing most of Surrey in growth momentum. That combination - affordable price, strong growth rank - is exactly what investors look for.

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

Here's something most Newton homeowners don't realize. The city's assessed value for houses sits at an average of $1,202,077. The HonestDoor Price for the same homes is $1,183,205. That's a gap of roughly $19,000 - and the assessment is the higher number. Your tax bill is calculated on a figure that may be running ahead of where the real-world market actually sits today.

For condos, the story flips completely. The average assessed value is $478,228, but the HonestDoor Price is $679,302 - a difference of over $200,000. The assessment is dramatically undervaluing what condos are actually worth on the open market right now. If you're a condo owner thinking about selling, your property is worth far more than the city's paperwork suggests.

Government assessments are a snapshot from months ago. The HonestDoor Price updates in real time using actual transaction data, market movement, and comparable sales. It's the real-world check - not a number frozen in time. Checking your HonestDoor Price today takes two minutes and gives you a far more accurate picture of what your home is actually worth right now.

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

If you own a house in Newton and you're thinking about listing this summer, here's the honest take. Newton ranks 3rd in all of Surrey for total transaction volume in 2026. Buyers are active here. The neighbourhood growth rate is slightly negative at -0.06% year over year, meaning the market is taking a breather - but it hasn't stalled. Pricing your home right, not based on a stale assessment but on the current HonestDoor Price, is the move that gets you a clean sale.

Your neighbours in West Newton are sitting on average prices of $1,530,252 and East Newton South is at $1,494,829. Newton houses at $1,183,205 are priced well below both. That's a selling point for buyers who've been priced out of those pockets - and a reason to be strategic rather than just listing and hoping.

If you own a condo, the case for selling this summer is even sharper. A growth rank of 4th out of 44 in Surrey means momentum is on your side right now. The predicted value of $698,205 is already above the 3-month average and climbing. Waiting for the next annual assessment to tell you what your condo is worth means leaving real money on the table.

Bottom line - Newton is one of the most active transaction neighbourhoods in Surrey, condos are punching above their weight in growth, and the HonestDoor Price is giving owners a clearer, more current number than any city document will. That's the edge worth having before you make your next move.

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.