Rosemary Heights Business Park, Surrey - August 2026 Real Estate Report

Rosemary Heights Business Park, Surrey: Prices Are Holding Steady - But Here's What You Need to Know

If you've been watching the "For Sale" signs around Rosemary Heights Business Park lately, here's the honest read: the market isn't on fire, but it isn't falling apart either. Values are essentially flat, transaction activity is quiet, and the neighbourhood is doing just enough to stay competitive in Surrey's bigger picture. Let's break it down.

The Vibe: Houses vs. Condos

For those of us in houses, the story is stability. The average sale price sits at $1,011,986 with a price per square foot of around $617. Seven homes sold recently - essentially unchanged from the month before. Not a rush, not a freeze. Our growth rate ranks 16 out of 45 Surrey neighbourhoods, which puts us in above-average territory. That's a decent spot to be in a market where a lot of areas are cooling off faster than we are.

• Average house sale price: $1,011,986
• Price per square foot: $617
• Properties sold: 7
• Predicted market value: $1,119,834
• Estimated monthly rent: $4,515
• Rental yield: 4.57%
• Growth rank: 16 out of 45 Surrey neighbourhoods
• Price rank: 36 out of 45 (below average in price - meaning we're more accessible than most)

For those of us in condos, the picture is a bit more interesting. The average sale price is $584,750 at $615 per square foot, with 4 units sold recently. That's slightly ahead of nearby Sunnyside ($521,500) and South Surrey ($570,000), which tells us our condos are holding their own against the competition. Our condo growth rate ranks 13 out of 44 Surrey neighbourhoods - solidly above average. And on price, we rank 8 out of 27, which puts us in the upper tier for condo pricing in Surrey.

• Average condo sale price: $584,750
• Price per square foot: $615
• Properties sold: 4
• Predicted market value: $897,060
• Estimated monthly rent: $3,687
• Rental yield: 3.40%
• Growth rank: 13 out of 44 Surrey neighbourhoods
• Price rank: 8 out of 27 (above average in price)

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

Here's something worth paying attention to. The city's assessed value for houses in our neighbourhood averages $1,115,041. The HonestDoor Price? $1,116,796. Those are almost identical - which actually tells you something useful. It means the government's number is roughly in the right ballpark for houses right now.

Condos are a completely different story. The average assessed value for condos sits at $594,867. The HonestDoor Price is $879,795 - that's 47.90% higher than what the city has on record. If you own a condo here and you're making any financial decisions based on your tax assessment, you're working with a number that is seriously out of date. The HonestDoor Price updates in real time. Your assessment does not. That gap is real money.

The condo HonestDoor Price has dipped 1.92% recently, so it's worth watching. But even with that dip, the real-world value is still dramatically above what the city thinks your unit is worth. That's the number to know.

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

If you're a house owner considering a summer sale, the conditions are calm but not urgent. Values are holding, the predicted market value of $1,119,834 is trending slightly above the 3-month average of $1,116,477, and with only 22 total transactions in 2026 so far, competition among sellers isn't overwhelming. A well-priced house in our neighbourhood has room to find a buyer without getting lost in a crowd.

If you own a condo and you're thinking about selling, the gap between your assessed value and your actual HonestDoor Price is the most important number in this entire report. Buyers and their agents are using real-time tools. You should be too. Listing based on an outdated assessment could mean leaving serious money on the table - or pricing yourself into a corner you didn't need to be in.

Either way, the rental numbers here are worth noting for anyone on the fence about selling versus holding. Houses are pulling an estimated $4,515 per month with a 4.57% yield. Condos are at $3,687 per month with a 3.40% yield. Those are moderate but real returns if you decide the timing isn't right to sell just yet.

Bottom line: Rosemary Heights Business Park isn't making headlines, but it's quietly holding its ground. Know your real number before you make any moves.

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.