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      Port Mann, Surrey - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Surrey, Port Mann

      Port Mann, Surrey: Your Home Is Worth More Than You Think - Or Is It?

      If you have been watching the "For Sale" signs in Port Mann lately, here is what is actually happening. The market is taking a breather. Values are dipping slightly, sales are quiet, and your city assessment is starting to drift away from reality. That gap between what the government says your home is worth and what a buyer would actually pay right now? That is exactly what we need to talk about.

      The Vibe: Houses vs. Condos in Port Mann

      These two property types are telling very different stories right now, and if you own one of them, the details matter.

      Houses - Steady, But Softening

      The honest picture for Port Mann houses is this: values are sliding, but not collapsing. The average HonestDoor Price for a house sits at $1,330,903, which is down 1.30% from the previous period. The predicted market value comes in at $1,350,205, and that number is trending downward from the 3-month moving average of $1,364,862. So the direction of travel is clear - we are easing off the peak.

      • Average HonestDoor Price: $1,330,903
      • Predicted Market Value: $1,350,205
      • Recent Value Change: -1.42%
      • Average Sale Price: $970,000
      • Price Per Square Foot: $899
      • Estimated Monthly Rent: $5,125
      • Rental Yield: 4.22%
      • Neighbourhood Growth Rank: 31 out of 41 in Surrey
      • Price Rank: 27 out of 45 in Surrey

      Only 1 house sold last month, and transaction volume for 2026 sits at just 3 deals across 1,377 assessed properties. That is a thin market. Thin markets can swing fast in either direction, so do not read the quiet as stability - read it as uncertainty.

      On the leaderboard, Port Mann houses rank 31st out of 41 neighbourhoods in Surrey for growth. That puts us in the below-average tier right now. Our neighbours in Cape Horn and Bridgeview are both outpacing us, with Cape Horn carrying a higher HonestDoor Price of $1,477,819 and Bridgeview sitting at $1,346,778.

      Condos - A Brighter Spot

      Condos in Port Mann are actually holding up better than the houses right now. The HonestDoor Price for condos is $839,685, down 3.25% from the previous period, but the predicted market value of $867,900 is actually climbing above the 3-month moving average of $859,862. That upward tick matters.

      • Average HonestDoor Price: $839,685
      • Predicted Market Value: $867,900
      • Recent Value Change: +0.81%
      • Estimated Monthly Rent: $3,845
      • Rental Yield: 3.11%
      • Airbnb Estimate: $187 per night
      • Airbnb Rank in Surrey: 9th
      • Growth Rank: 18 out of 44 in Surrey

      That growth rank of 18th out of 44 puts Port Mann condos in the above-average tier for Surrey. If you own a condo here, you are sitting in a better relative position than most people realize. Nearby Bridgeview condos are priced higher at $1,027,697, which suggests there is still room for Port Mann condo values to climb if the broader market firms up.

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

      Here is the thing about your BC Assessment notice. It reflects a snapshot from July 1st of the previous year. That is old news. The market has moved since then, and in Port Mann, it has moved downward for houses. The average assessed value for houses here is $1,334,871. The average HonestDoor Price is $1,330,903. That is a $3,968 gap - small, but it is already below the assessment, and the trend is pointing further down.

      The HonestDoor Price is updated in real time using actual sales data, market signals, and current conditions. It is the number a real buyer is thinking about today - not what a government formula calculated eight months ago. If you are making any financial decision based on your home - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the number you want in front of you.

      For condo owners, the gap works differently. Your HonestDoor Price is moving up while the assessment stays frozen. That is a gap worth knowing about too.

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

      If you are a Port Mann homeowner eyeing a summer sale, here is the straight talk.

      For house sellers, the window is not closing, but it is not wide open either. Values are down 1.42% recently, the 3-month trend is softening, and only 3 transactions have happened in 2026. That means buyers have options and they know it. Pricing sharp and pricing early gives you the best shot at catching a serious buyer before the fall market resets expectations again.

      For condo sellers, the story is more encouraging. Values ticked up 0.81% recently, the predicted value is above the moving average, and Port Mann condos rank above average in Surrey for growth. If you have been waiting for a signal to list, this is a reasonable moment to move.

      Either way, check your HonestDoor Price before you have a single conversation with an agent. Walk into that meeting knowing your real-world number - not the one on your tax notice. That is how you negotiate from a position of strength, not guesswork.

      • House sellers: price sharp, list early, expect a patient buyer pool
      • Condo sellers: momentum is on your side - this summer looks reasonable
      • Landlords: house rental yield of 4.22% is moderate and holding steady
      • Everyone: pull your HonestDoor Price today - it is updated, it is real, and it is free

      port mann | surrey | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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