Strawberry Hill, Surrey - September 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 assessment is a snapshot from the past. The HonestDoor Price is what is happening right now, and in Strawberry Hill, the gap is real money.

The Vibe: What Is Actually Going On in Our Neighbourhood

Strawberry Hill is taking a breather. Neighbourhood growth is down a modest 0.06% year over year, but before anyone panics, let us put that in context. We are sitting in a large, established market with 3,922 houses and 1,934 condos assessed this year. This is not a small pocket - it is a serious chunk of Surrey real estate.

On the transaction side, we saw 17 house sales and 18 condo sales in 2026 so far. Our total transaction rank for condos is 3rd in all of Surrey. That means Strawberry Hill condos are moving. Buyers are here.

Houses: The Honest Numbers

• Average Assessed Value: $1,148,454
• Average HonestDoor Price: $1,168,059 - that is $19,605 more than what the city says your home is worth
• Predicted Market Value: $1,188,151
• Average Sale Price This Month: $500,000 (only 1 sale - treat this number carefully, one sale does not make a trend)
• Price Per Square Foot: $335
• Estimated Monthly Rent: $4,614
• Rental Yield: 4.52% - solid, moderate returns for investors
• Growth Rank: 17 out of 46 neighbourhoods in Surrey - that puts us in the above-average tier on the neighbourhood leaderboard
• Price Rank: 40 out of 45 - among the most affordable detached homes in Surrey

That price rank is actually a buying signal for anyone on the fence. You get above-average growth potential at one of the lowest price points for a house in Surrey. Compared to neighbours like West Newton North ($1,361,643 HonestDoor Price) and Delta ($1,349,682), we are noticeably more affordable - and our growth rate is right in the same ballpark.

Condos: A Quiet Performer

• Average Assessed Value: $509,194
• Average HonestDoor Price: $556,130 - a full 9.22% above the city's assessed value, and up 1.16% from last period
• Predicted Market Value: $549,759
• Average Sale Price: $498,333 (3 sales this month, stable)
• Price Per Square Foot: $562
• Estimated Monthly Rent: $2,671
• Rental Yield: 3.80% - moderate but consistent
• Growth Rank: 18 out of 44 neighbourhoods - above average on the Surrey leaderboard
• Price Rank: 21 out of 27 - below average in price, meaning condos here are a relative deal

The condo story here is interesting. The HonestDoor Price is nearly $47,000 above the assessed value. If you own a condo in Strawberry Hill and you are basing any financial decision on that tax assessment number, you are leaving real money on the table. Nearby condos in West Newton North are averaging $689,908 and in Delta $640,109. We are priced well below both, yet we rank 3rd in Surrey for condo transaction volume. Buyers know a deal when they see one.

The Secret Sauce: Why Your HonestDoor Price Matters Right Now

Here is the thing about government assessments - they are built on old data. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price pulls from real-time sales activity and current market signals. For Strawberry Hill houses, that means a number that is $19,605 higher than the city's figure. For condos, it is nearly $47,000 higher.

If you are refinancing, negotiating, or just trying to understand your net worth, the assessed value is the wrong starting point. The HonestDoor Price is the real-world check - updated, local, and not frozen in time.

The 3-month moving average for houses sits at $1,192,962, and the predicted value is $1,188,151. Values are easing slightly - down 0.23% recently - but we are not in freefall. This is a market catching its breath, not collapsing.

The So What - Should You Sell This Summer?

If you own a house in Strawberry Hill and you have been sitting on the fence, here is the honest take. The market is softening slightly - that 0.23% recent dip and the declining 3-month moving average are real signals. Waiting for prices to climb back up is a gamble right now. Selling into a market where you are still priced below comparable Surrey neighbourhoods, with above-average growth rank, is a reasonable move before the fall slowdown hits.

For condo owners, the picture is arguably better. Values are up 1.16% from last period, transaction volume is strong (3rd in Surrey), and buyers are actively shopping here. If your unit is in good shape, summer 2025 is not a bad window at all.

Either way - check your HonestDoor Price before you do anything else. It is the number that actually reflects what a buyer would pay today, not what a government formula calculated last year.

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.