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 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.
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.
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.
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.
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.
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.
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 2026This 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.