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

    2026-09-16 00:00 · Your HonestDoor Team

    Surrey, Rosemary Heights Business Park

    Rosemary Heights Business Park, Surrey: Prices Are Holding, But the Market Is Sending Signals

    If you own a home in Rosemary Heights Business Park and you haven't checked your actual market value lately, now is the time. The city's assessment number and what your property would sell for today are two different conversations - and right now, that gap matters.

    The Vibe: What's Happening With Houses and Condos

    Let's break it down for us locals, because houses and condos are telling two very different stories right now.

    Houses

    If you've been watching the "For Sale" signs around the neighbourhood, here's what's actually happening. Houses are sitting at an average sale price of $943,500, with price per square foot around $565. Five properties sold recently - steady, not spectacular. The HonestDoor Price for houses is sitting at $1,102,811, which is down 1.25% from the previous period. Values have nudged down 0.27% recently, and the 3-month moving average of $1,118,037 confirms the direction is slightly downward.

    • Average sale price: $943,500
    • Price per square foot: $565
    • HonestDoor Price: $1,102,811 (down 1.25%)
    • Predicted market value: $1,116,796
    • Estimated monthly rent: $4,507
    • Rental yield: 4.57%
    • Properties sold in 2026: 27 total transactions
    • Growth rank: 20 out of 46 neighbourhoods in Surrey - above average
    • Price rank: 32 out of 45 - below average in price for Surrey

    The rental yield of 4.57% is a decent number for investors. If you're holding a house here as a rental, you're not losing sleep. But if you're thinking about selling, the window where prices were climbing has narrowed. The market is taking a breather.

    Condos

    Condos here are a different animal entirely. The average sale price is $630,000 at $471 per square foot - and that's already beating nearby Sunnyside ($506,410) and South Surrey ($570,000). But here's the number that should make condo owners do a double-take: the HonestDoor Price is $905,741, which is 52.26% higher than the average assessed value of $594,867. That is a massive gap.

    • Average sale price: $630,000
    • Price per square foot: $471
    • HonestDoor Price: $905,741 (up 2.95%)
    • Average assessed value: $594,867
    • Predicted market value: $879,795
    • Estimated monthly rent: $3,635
    • Rental yield: 3.42%
    • Properties sold in 2026: 7 condo transactions
    • Growth rank: 35 out of 44 neighbourhoods - below average
    • Price rank: 5 out of 27 - among the most expensive condos in Surrey

    Only 1 condo sold last month, and values have shifted down 1.92% recently. The 3-month moving average of $889,120 is also trending down from the predicted value of $879,795. Condos here rank among the priciest in Surrey, but growth is lagging. High price, slower momentum - that's the honest read.

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

    Here's the thing about your city assessment - it's a snapshot from the past. It gets updated once a year, uses broad strokes, and has no idea what happened on your street last month. For condo owners in Rosemary Heights Business Park, that gap is not small. The assessed value says $594,867. The HonestDoor Price says $905,741. That's a difference of over $310,000. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed number is like navigating with an old map.

    The HonestDoor Price pulls in real-time sales data, current market trends, and actual comparable transactions. It's the real-world check against a number the government printed months ago. For house owners, the HonestDoor Price of $1,102,811 is actually 1.10% below the assessed value - which means the assessment is slightly optimistic right now. Knowing that before you list is the difference between pricing smart and sitting on the market too long.

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

    If you're a house owner here and you're considering listing this summer, the honest advice is: don't wait for the market to come back to you. Growth is ranked 20 out of 46 Surrey neighbourhoods - that's above average, which is a real selling point. But values are drifting down slightly, and nearby South Surrey is pulling buyer attention with higher-end pricing that makes this area look like relative value. Use that angle.

    If you own a condo, the story is more nuanced. You're sitting on one of the most expensive condo products in Surrey by price rank - top 5 out of 27 neighbourhoods. That's a strong position. But with only 1 sale last month and a growth rank of 35 out of 44, buyer demand is thin. Pricing it right from day one is critical. Overpricing a slow-moving segment is how listings go stale.

    For both property types, check your HonestDoor Price before you do anything else. It's free, it's current, and it gives you the real number - not the one the city printed before the market shifted. In a neighbourhood with 3,748 assessed properties and 27 transactions already logged in 2026, knowing where you actually stand is the smartest first move you can make.

    rosemary heights business park | surrey | september 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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