Port Mann, Surrey - August 2026 Real Estate Report

Port Mann, Surrey: Your Home Is Worth More Than the City Thinks

If you have been watching the market in Port Mann and wondering whether your place has held its value, here is the straight answer: the city's assessment is lagging behind reality. The average assessed value sits at $1,334,871, but the average HonestDoor Price is $1,367,864. That is a $32,993 gap - and it matters when you are making decisions about selling, refinancing, or just knowing where you stand.

The Vibe: What Is Actually Happening in Port Mann Right Now

We are in a market that is taking a breather. Neighbourhood growth dipped 0.09% year over year, and on the Surrey leaderboard, we rank 29 out of 45 neighbourhoods for growth. That puts us in below-average territory for price appreciation right now. But "below average growth" does not mean "bad place to own." It means the frenzied run-up has cooled, and prices are holding at a high base.

Here is a quick look at where we sit compared to nearby neighbourhoods:

• Mayfair-Pacific Reach - HonestDoor Price $688,098 - significantly cheaper, growth data unavailable
• Bridgeview - HonestDoor Price $1,378,599 - slightly more expensive, growing slightly faster at -0.06%
• Cape Horn - HonestDoor Price $1,496,421 - more expensive, growing slightly faster at -0.02%

The honest read: Port Mann sits in the middle of the pack on price and growth. We are not the cheapest option, but we are more accessible than Cape Horn while offering similar detached-home character.

Houses vs. Condos - Two Very Different Stories

Houses

The house market here is quiet but stable. Only 1 property sold recently, and the average sale price came in at $1,100,000 with a price per square foot of around $499. The predicted market value is $1,374,735, which is nudging upward from the 3-month moving average of $1,373,084 - a small but positive signal.

• Average HonestDoor Price: $1,367,864 (down 0.37% from last period)
• Predicted market value: $1,374,735
• Average sale price: $1,100,000
• Price per square foot: $499
• Estimated monthly rent: $5,189
• Rental yield: 4.19%
• Airbnb potential: $258 per night
• Growth rank: 29 out of 45 in Surrey
• Price rank: 25 out of 45 in Surrey
• Total transactions in 2026: 2
• Properties assessed: 1,377

A 4.19% rental yield is a reasonable return for a detached home in Metro Vancouver. If you are holding a Port Mann house as a rental, you are not getting rich overnight, but you are not bleeding money either.

Condos

The condo picture is a bit more mixed. The HonestDoor Price for condos is $860,900 - up 1.19% from last period, which is actually the bright spot in this update. But the predicted market value of $850,785 is drifting slightly below the 3-month moving average of $853,204, and values have shifted -1.26% recently. That is a number worth watching.

• Average HonestDoor Price: $860,900 (up 1.19% from last period)
• Predicted market value: $850,785
• Estimated monthly rent: $3,798
• Rental yield: 3.14%
• Airbnb potential: $190 per night
• Airbnb rank in Surrey: 8 out of comparable neighbourhoods
• Growth rank: 31 out of 44 in Surrey

That Airbnb rank of 8 in Surrey is genuinely interesting. Even with softer price growth, Port Mann condos punch above their weight for short-term rental demand. If you own a condo here and have not looked at your short-term rental numbers lately, that is worth a second look.

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

Here is the thing about BC assessments: they are a snapshot from July 1 of the previous year. By the time that number lands in your mailbox, it is already stale. The market has moved. Rates have shifted. Comparable sales have happened that the assessment never accounted for.

The HonestDoor Price updates in real time using actual transaction data and market signals. For Port Mann houses, that means the HonestDoor Price of $1,367,864 is running $32,993 ahead of the average assessed value of $1,334,871 - a 2.47% premium. If you are using your assessment to decide whether to sell, refinance, or even just negotiate, you are working with an outdated number.

Think of the HonestDoor Price as the real-world check on what your home is actually worth today - not what a government formula said it was worth last summer.

So What Does This Mean If You Are Thinking About Selling This Summer?

Selling in Port Mann this summer is not a slam dunk, but it is not a bad hand either. Here is the honest breakdown:

• Transaction volume is low - only 2 sales recorded in 2026 so far. Low supply can work in your favour if you price right.
• Your HonestDoor Price is above your assessment - meaning you have more room to negotiate than your tax notice suggests.
• Growth is below average for Surrey right now - buyers know this, so aggressive overpricing will sit.
• The predicted value trend for houses is slightly upward - the 3-month moving average is ticking higher, which is a quiet green flag.
• Condos face a bit more headwind with a -1.26% recent value shift - if you are selling a condo, timing and pricing precision matter more right now.

The bottom line: if you are a house owner in Port Mann, this summer is a reasonable window to list - especially if you price based on your HonestDoor Price rather than your assessment. If you own a condo, go in with clear eyes on the recent softness and price to move, not to test the market.

Want to know exactly where your specific property sits? Pull your HonestDoor Price at HonestDoor.com - it takes about 30 seconds and it is free.

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.