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

    2026-07-15 00:00 · Your HonestDoor Team

    Surrey, Rosemary Heights Business Park

    Rosemary Heights Business Park, Surrey: What Your Home Is Actually Worth Right Now

    If you live in Rosemary Heights Business Park and you have not checked your HonestDoor Price lately, this is your sign. The city's assessment number is already old news - and for some property types here, it is off by a lot.

    The Vibe: What Is Happening on Our Streets

    The overall picture for Rosemary Heights Business Park is steady, not spectacular. Neighbourhood growth dipped 0.06% year over year, which means we are taking a breather rather than charging ahead. But steady is not the same as stalled - and the details between houses and condos tell two very different stories.

    Houses: Solid Ground

    If you own a house here, the fundamentals are holding up. Four homes sold in 2026 so far, with an average sale price of $871,250 and a price per square foot of around $535. The predicted market value sits at $1,117,480, which is trending up from the 3-month moving average of $1,110,857. That upward tick matters - it means momentum is quietly building, not fading.

    • Average HonestDoor Price: $1,119,834
    • Average assessed value: $1,115,041
    • HonestDoor Price is 0.43% above the assessed value
    • Recent price change: up 0.48%
    • Estimated rent: $4,509 per month
    • Rental yield: 4.57%
    • Growth rank: 21 out of 41 neighbourhoods in Surrey - right in the middle of the pack
    • Price rank: 35 out of 45 - below average for Surrey pricing

    The rental yield of 4.57% is a decent return for a house in this price range. If you are an investor or thinking about renting before selling, that number is worth paying attention to.

    Condos: The Bigger Story

    This is where things get interesting for us. The condo market here has a gap between the city's assessment and real-world value that you simply cannot ignore. Only one condo sold this month - down 50% from last month - but the average sale price jumped 7.9% to $550,000. Low volume with rising prices usually means demand is outpacing supply.

    • Average HonestDoor Price: $897,060
    • Average assessed value: $594,867
    • HonestDoor Price is 50.80% higher than the assessed value - that is not a rounding error
    • Recent price change: up 0.79%
    • Predicted market value: $890,505
    • 3-month moving average: $882,965 - and rising
    • Estimated rent: $3,682 per month
    • Rental yield: 3.40%
    • Airbnb rank in Surrey: 11th - a strong short-term rental position
    • Growth rank: 22 out of 42 neighbourhoods in Surrey
    • Price rank: 13 out of 26 - above average for Surrey condos

    Compared to nearby Sunnyside (average condo HD Price $570,297) and South Surrey ($345,318), our condos are priced significantly higher. Morgan Heights edges us out slightly at $979,193, but we are firmly in the upper tier of the Surrey condo market.

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

    Here is the honest truth about government assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. For condo owners in Rosemary Heights Business Park, that gap is not small. The city says your condo is worth around $594,867. The HonestDoor Price says $897,060. That is a difference of roughly $300,000 in how you might think about your equity, your next move, or your negotiating position.

    For house owners, the gap is tighter - $1,115,041 assessed versus $1,119,834 on HonestDoor - but the HonestDoor Price updates in real time. It reflects what buyers are actually paying right now, not what they were paying when the assessor last ran the numbers. That is the difference between a static photo and a live feed.

    The So What: Thinking About Selling This Summer?

    Here is what the data is telling us if you are weighing a summer sale.

    For house sellers - you are in a market that is moving slowly but moving upward. With 15 total transactions in the neighbourhood in 2026 and 3,748 assessed properties, the pool of active sellers is thin relative to the overall base. Less competition on the street can work in your favour. The total transaction rank of 6th in Surrey means this neighbourhood does see real buyer activity. Price your house based on the HonestDoor Price, not the assessment, and you are starting from a more accurate position.

    For condo sellers - the 50.80% gap between assessed value and HonestDoor Price is your biggest talking point. Buyers who only look at the assessment are getting a distorted picture. You want them looking at the HonestDoor Price of $897,060 and the rising 3-month trend. With only one sale this month, you would not have much direct competition. That is a seller-friendly setup if you price it right and market it well.

    The short version - Rosemary Heights Business Park is not the flashiest market in Surrey right now, but it is not broken either. If you know your real numbers, you have an edge. Start with your HonestDoor Price and work from there.

    rosemary heights business park | surrey | july 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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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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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.


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