Port Kells, Surrey - September 2026 Real Estate Report

Port Kells, Surrey: Your Neighbour Just Got a $764,000 Wake-Up Call

If you have been glancing at your city tax assessment and thinking that is what your home is worth, stop right there. The gap between what Surrey says your property is worth and what buyers are actually paying in Port Kells right now is not a rounding error - it is life-changing money. Here is the real picture.

The Vibe: What Is Actually Happening in Port Kells

Let us break it down by property type, because houses and condos are telling two very different stories right now.

Houses: Still a Heavy Hitter

Port Kells houses are holding serious weight in the Surrey market. The average HonestDoor Price sits at $3,000,730 - up 2.11% from the previous period. That is not a neighbourhood taking a breather. That is steady, real-world appreciation happening in our backyard.

• Average HonestDoor Price: $3,000,730
• Recent price change: up 2.11%
• Predicted market value: $2,938,670
• 3-month moving average: $2,942,198
• Average assessed value: $2,236,276
• Gap between assessment and HonestDoor Price: 34.18% higher
• Estimated monthly rent: $8,764
• Rental yield: 3.48%
• Airbnb estimate: $435 per night
• Airbnb rank in Surrey: 4th
• Growth rank in Surrey: 5th out of 46 neighbourhoods
• Properties assessed: 262

That growth rank is worth pausing on. Out of 46 comparable Surrey neighbourhoods, Port Kells houses rank 5th for growth. That puts us firmly in the top tier of the Surrey leaderboard - not chasing the pack, leading it.

On the rental side, $8,764 a month in estimated rent with a 3.48% yield is what we call a moderate but meaningful return. And if short-term rentals are your angle, a $435-per-night Airbnb estimate with a 4th-place Surrey ranking tells you this neighbourhood pulls real visitor demand.

Condos: A Quiet Overachiever

Condos in Port Kells are doing something interesting. The average HonestDoor Price dipped 2.29% from the previous period to $771,650 - but the 3-month moving average tells a different story. The predicted market value of $789,700 is actually climbing above that $785,075 moving average, and recent price change sits at a solid 2.93% up. That short-term dip looks like a blip, not a trend.

• Average HonestDoor Price: $771,650
• Recent period change: down 2.29%
• Predicted market value: $789,700
• 3-month moving average: $785,075 (current value is above this)
• Recent price change: up 2.93%
• Estimated monthly rent: $3,568
• Rental yield: 3.27%
• Airbnb estimate: $178 per night
• Airbnb rank in Surrey: 13th
• Growth rank in Surrey: 3rd out of 44 neighbourhoods

That condo growth rank is the headline nobody is talking about. Third out of 44 Surrey neighbourhoods. We are not just keeping up - we are near the top of the leaderboard. For anyone sitting on a Port Kells condo and wondering if the market still has legs, that number is your answer.

How We Stack Up Against the Neighbours

Context matters. Here is how Port Kells houses compare to the streets nearby.

• East Clayton North - HD Price $3,369,720, Rental $9,661, Growth 0.01% - slightly pricier and growing a touch faster
• Anniedale - HD Price $2,238,071, Rental $6,995, Growth -0.04% - cheaper and losing ground
• Willoughby - HD Price $1,287,494, Rental $4,845, Growth -0.02% - significantly cheaper and also declining

For condos, Port Kells is actually the most expensive option compared to nearby neighbourhoods - East Clayton North at $506,200, Anniedale at $562,375, and Willoughby at $557,790 all come in well below our $771,650. If you own a Port Kells condo, you are sitting on the premium product in this corner of Surrey.

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

Here is the thing about your city assessment. It is a snapshot frozen in time. Surrey calculates it once a year using data that can be months old before it even lands in your mailbox. It is a tax tool, not a market tool.

The HonestDoor Price is updated in real time using actual sales data, current market signals, and neighbourhood-level trends. For Port Kells houses, that difference is not subtle - we are talking about an average gap of 34.18%, which translates to roughly $764,454 between what the city says your home is worth and what the market is actually saying.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value is like navigating with last year's map. The HonestDoor Price is the real-world check that tells you where you actually stand today.

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

Summer is when buyers come out. Families want to move before September. Inventory tightens. Motivated buyers show up with real offers. Here is what the data says for Port Kells sellers right now.

For house sellers, you are entering the market ranked 5th out of 46 Surrey neighbourhoods for growth, with a HonestDoor Price sitting 34% above what the city assessed you at. Buyers doing their homework will see that gap and understand Port Kells commands a premium. Price it right and you are not chasing the market - you are setting the tone.

For condo sellers, the story is equally compelling. A 3rd-place growth ranking out of 44 Surrey neighbourhoods, a predicted value climbing above the moving average, and the highest average condo price among nearby neighbourhoods - that is a strong hand to play. The recent 2.29% dip in the HonestDoor Price is worth watching, but the underlying momentum from the 2.93% recent price change and top-3 growth rank suggests this is a market catching its breath before the next move up.

Bottom line - if you have been waiting for a sign to get serious about your Port Kells property, the numbers are giving you one right now. Pull your HonestDoor Price, compare it to your assessment, and have an honest conversation about what your home is actually worth in today's market. That is where the real opportunity lives.

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.