Strawberry Hill, Surrey - July 2026 Real Estate Report

Strawberry Hill, Surrey: Your Home Is Worth More Than the City Thinks

If you have been glancing at your latest property assessment and wondering if that number is actually what your home is worth - it is not. The city's assessed value is a snapshot from the past. The real number you want is your HonestDoor Price, and right now in Strawberry Hill, it is telling a different story than what BC Assessment has on file.

The Vibe: What Is Actually Happening on Our Streets

Strawberry Hill is taking a breather. Neighbourhood growth is down a modest 0.06% year over year, and prices have softened slightly from the previous period. But "taking a breather" is not the same as "falling apart." Here is the breakdown for us locals.

Houses

If you own a house here, the market is holding steadier than the headlines might suggest. The predicted market value is sitting at $1,199,894 - up from the 3-month moving average of $1,188,196. That is a positive trend. Only 2 houses sold recently, with an average sale price of $1,086,750 and a price per square foot of around $661.

• Average Assessed Value: $1,148,454
• Average HonestDoor Price: $1,190,843
• HonestDoor Price vs. Assessment: 3.69% higher
• Recent Price Change: up 1.29%
• Estimated Monthly Rent: $4,700
• Rental Yield: 4.50%
• Growth Rank in Surrey: 8 out of 41 - top performer territory
• Price Rank in Surrey: 34 out of 45 - below average in price, which means more room to grow

That growth rank is the number to pay attention to. Out of 41 comparable Surrey neighbourhoods, Strawberry Hill houses rank 8th for growth. That puts us in the top 20% on the neighbourhood leaderboard. Our neighbours in North Delta, West Newton North, and Delta are all priced higher - and two of them are growing slower. We are punching above our weight.

Condos

The condo picture is a bit more nuanced. Values are still moving in the right direction - the predicted market value of $557,118 is up from the 3-month moving average of $553,399 - but the HonestDoor Price has dipped 1.17% from the previous period. One condo sold recently at an average price of $235,600, with a price per square foot of $432.

• Average Assessed Value: $509,194
• Average HonestDoor Price: $550,586
• HonestDoor Price vs. Assessment: 8.13% higher
• Recent Price Change: up 0.70%
• Estimated Monthly Rent: $2,691
• Rental Yield: 3.78%
• Growth Rank in Surrey: 23 out of 42 - below average
• Price Rank in Surrey: 26 out of 26 - the most affordable condos in Surrey

Being ranked last on price is not a bad thing if you are a buyer or an investor. For condo owners thinking about selling, the honest truth is that nearby neighbourhoods like North Delta ($632,334 predicted value) are priced higher. That gap is worth knowing before you list.

The Secret Sauce: Why Your HonestDoor Price Matters Right Now

Here is the thing about BC Assessment - it is built on sales data that is already months old by the time it lands in your mailbox. It is a static number in a market that moves every week. The HonestDoor Price is updated in real time, pulling from current sales activity and market signals. For Strawberry Hill houses, that means the HonestDoor Price is already $42,389 higher than the average assessment. For condos, the gap is even wider - $41,392 more than what the city has on file.

If you are making any financial decision based on your assessed value alone - whether that is refinancing, selling, or just knowing what you actually own - you are working with an outdated number. Pull your HonestDoor Price first. It is the real-world check.

The So What: Should You Sell This Summer?

For house owners, the case for listing this summer is reasonable. You are in a top-10 growth neighbourhood in Surrey, your HonestDoor Price is above assessment, and the predicted value is trending upward. With only 8 house transactions recorded in Strawberry Hill in 2026 so far, inventory is tight - and tight inventory generally works in a seller's favour.

For condo owners, the picture calls for a bit more patience. Values are inching up, but you are sitting at the most affordable end of the Surrey condo market. That is not a dealbreaker - affordability attracts first-time buyers and investors - but set your expectations accordingly and price sharp. A condo sitting overpriced in a slow month will not move.

Bottom line: Strawberry Hill is not a market in trouble. It is a market catching its breath. If your plan is to sell, get your HonestDoor Price, compare it to what your neighbours are asking, and make a decision based on real numbers - not last year's assessment.

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.