If you own property in Whalley, Surrey, there is a gap between what the city thinks your home is worth and what the market actually says. That gap is worth knowing about - especially before you make any moves this summer.
Let's break it down by property type, because houses and condos are telling two very different stories right now.
The average house sale price in Whalley hit $1,192,500 this month - up 23.3% from last month. That sounds exciting, but here is the catch: only 2 houses sold, which is down 50% from the month before. When volume drops that hard, a single high-priced sale can skew the average. We are not in a frenzy. We are in a thin market.
That growth rank is worth paying attention to. Out of 41 comparable Surrey neighbourhoods, Whalley houses sit at 37. The market here is taking a breather. Values are not collapsing, but they are not running ahead either. The 3-month moving average of $1,487,452 is nudging down slightly from the predicted value of $1,485,637 - a small but real signal that upward pressure is easing.
Condos are where the action is in Whalley - at least by volume. With 84 transactions recorded in 2026 and a total transaction rank of 1st in Surrey, more condo deals are closing here than anywhere else in the city. That matters if you are a seller. Buyers are showing up.
The condo predicted value of $475,313 is actually climbing past its 3-month average of $473,321 - a small green flag. And at $399,963 average sale price, Whalley condos are coming in below nearby South Westminster ($442,933) and Bridgeview ($405,000). For buyers, that is a real affordability edge. For sellers, it means pricing strategy matters a lot right now.
Here is something most Whalley homeowners do not realize. The city's assessed value for your house is sitting at an average of $1,313,725. The average HonestDoor Price is $1,481,449. That is a difference of roughly $167,000 - and the city's number is the one your tax bill is based on.
Government assessments are a snapshot from months ago. They do not update in real time. The HonestDoor Price pulls from current market activity, recent sales data, and live signals - so it reflects what a buyer would actually pay today, not what a bureaucrat estimated last year.
For condos, the gap is smaller but still real. The average assessed value is $468,223 while the HonestDoor Price sits at $472,835. The market and the assessment are closer here, but the HonestDoor number is still the more current read.
Bottom line: if you are making any decision about your property - selling, refinancing, or just figuring out your net worth - use the HonestDoor Price as your real-world check. The assessment is a starting point. The HonestDoor Price is where the market actually lives.
If you own a house in Whalley and are thinking about listing this summer, here is the honest read. You have a meaningful equity cushion - your HonestDoor Price is running about 12.77% above the city's assessed value. That is real money on the table. But the growth rank of 37 out of 41 tells us this neighbourhood is not leading the Surrey charge right now. Nearby South Westminster and Bridgeview are both cheaper and showing slightly better growth momentum. Buyers have options.
That does not mean do not sell. It means price it right from day one. With only 16 house transactions in Whalley so far in 2026, this is not a deep pool of buyers. Overpricing will cost you time, and time is not your friend in a slow-volume market.
If you own a condo, the story is more encouraging. Transaction volume is the highest in Surrey - rank 1 out of all neighbourhoods. Buyers are active. Your predicted value is nudging upward. And at $634 per square foot, Whalley condos are genuinely competitive on price. A well-presented unit, priced at or just below the $475,313 predicted value, has a real shot at moving this summer.
Whalley is not the flashiest neighbourhood on the Surrey leaderboard right now. But it is real, it is active, and if you know your numbers, you can make a smart move. That is what the HonestDoor Price is here for.
whalley | 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.