Newton, Surrey - September 2026 Real Estate Report

Newton, Surrey Real Estate: Your Home Is Worth Less Than the City Thinks

If you have been glancing at your latest property assessment and feeling pretty good about yourself, hold on. The real-world numbers in Newton are telling a slightly different story right now - and it is worth knowing before you make any moves this summer.

The Vibe: What Is Actually Happening in Newton

Let us break it down by property type, because houses and condos are living in completely different realities here.

Houses

The city says the average house in Newton is worth $1,202,057. But the HonestDoor Price - which tracks real market activity, not a once-a-year government snapshot - puts that number at $1,165,675. That is a gap of about $36,000, and it matters. Values have dipped 1.48% from the previous period, and the short-term trend is pointing slightly downward, with the predicted value of $1,183,331 sitting just below the 3-month moving average of $1,185,234.

• Average HonestDoor Price: $1,165,675
• Average Assessed Value: $1,202,057
• Recent price change: -0.27%
• Average sale price this month: $725,000 (up 3.0% from last month)
• Price per square foot: $467
• Estimated monthly rent: $4,519
• Rental yield: 4.59%
• Neighbourhood growth rank: 20 out of 46 in Surrey - solidly above average
• Price rank: 44 out of 45 - one of the most affordable house markets in Surrey

That affordability rank is actually a selling point if you are trying to attract buyers. Newton houses are priced well below most of Surrey. On the growth leaderboard, sitting at 20 out of 46 puts us in the upper half - not leading the pack, but not falling behind either. Neighbours like West Newton ($1,508,615) and East Newton South ($1,476,020) are running significantly higher prices, which tells us Newton still has room to move.

Condos

Here is where things get interesting. The city assessed Newton condos at an average of $478,228. The HonestDoor Price? $693,600. That is 45% higher than the assessed value - a massive gap that suggests the assessment is seriously out of date. The good news is condo values are actually up 2.10% from the previous period, which is the one bright spot in an otherwise cautious market.

• Average HonestDoor Price: $693,600
• Average Assessed Value: $478,228
• Recent price change: -2.71%
• Average sale price this month: $553,500
• Price per square foot: $647
• Estimated monthly rent: $2,764
• Rental yield: 3.81%
• Neighbourhood growth rank: 40 out of 44 in Surrey - bottom of the pack
• Price rank: 12 out of 27 - above average in price for Surrey condos

That growth rank of 40 out of 44 is a number we cannot ignore. Newton condos are near the bottom of the Surrey leaderboard for price growth right now. The predicted value of $679,302 is also slipping below the 3-month moving average of $685,928, which means the short-term momentum is not on the side of condo sellers. Only 7 condo transactions happened in Newton in 2026 so far - a thin market where one deal can swing the numbers hard.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Your city assessment is a rear-view mirror. It is calculated once a year using data that can be many months old by the time it lands in your mailbox. The HonestDoor Price is updated in real time using actual sales, market trends, and current comparable activity. Right now, for Newton houses, that means the city is overestimating values by roughly $36,000. For condos, the city is underestimating by a staggering $215,000.

If you are a house owner pricing a listing based on your assessment, you risk sitting on the market too long because buyers doing their homework will know the real number. If you are a condo owner, your assessment is so far below market reality that it gives you almost no useful information at all. Check your HonestDoor Price. It is the honest starting point for any conversation about what your home is actually worth today.

The So What: Should You Sell in Newton This Summer?

Here is the straight answer, split by property type.

If you own a house - the timing has some logic to it. Newton is one of the most affordable house markets in Surrey, which means buyer demand from people priced out of West Newton or East Newton South is real. The growth rank of 20 out of 46 shows we are holding our own. The market is taking a breather, not collapsing. With only 34 house transactions recorded in Newton in 2026 so far, inventory is tight, and tight inventory generally favours sellers. Price carefully using the HonestDoor Price, not the assessed value, and you stand a reasonable chance of a clean sale.

If you own a condo - be honest with yourself about the headwinds. A growth rank of 40 out of 44 and a recent price change of -2.71% mean the market is not working in your favour right now. That said, the HonestDoor Price of $693,600 is still well above what many buyers might expect given the low assessed value, and rental demand is real at $2,764 per month with a 3.81% yield. If you do not need to sell this summer, waiting for the market to stabilize is a reasonable call. If you do need to sell, price it sharp and lean into the rental income story for investor buyers.

• Total Newton transactions in 2026: 34 houses, 7 condos
• Total properties assessed: 6,644 houses, 1,456 condos
• Newton total transaction rank in Surrey: 3rd - one of the busiest neighbourhoods for deals
• Year-over-year neighbourhood growth: -0.06%

That transaction rank of 3rd in all of Surrey is the number that does not get enough attention. Newton is one of the most actively traded neighbourhoods in the city. Buyers are here. The question is just whether the price is right.

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.