HonestDoor

    Whalley, Surrey - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Surrey, Whalley

    Whalley Real Estate Right Now: Your Neighbour Isn't Telling You This

    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.

    The Vibe: What Is Actually Happening in Whalley Right Now

    Let's break it down by property type, because houses and condos are telling two very different stories right now.

    Houses: Big Price Jump, Fewer Buyers

    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.

    • Average sale price (houses): $1,192,500
    • Price per square foot: $825
    • Properties sold this month: 2 (down 50% from last month)
    • HonestDoor predicted value: $1,485,637
    • 3-month moving average: $1,487,452 (values are easing slightly)
    • Estimated monthly rent: $5,397
    • Rental yield: 4.28%
    • Total transactions in 2026 so far: 16
    • Growth rank in Surrey: 37 out of 41 - bottom of the leaderboard

    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: Most Active Corner of the Market

    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.

    • Average sale price (condos): $399,963 (down 2.5% from last month)
    • Price per square foot: $634
    • Properties sold this month: 3
    • HonestDoor predicted value: $475,313
    • 3-month moving average: $473,321 (values are ticking up slightly)
    • Estimated monthly rent: $2,372
    • Rental yield: 3.91%
    • Total transactions in 2026 so far: 84
    • Growth rank in Surrey: 29 out of 42 - below average, but improving
    • Price rank in Surrey: 23 out of 26 - among the most affordable condos in Surrey

    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.

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

    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.

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

    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.

    • House sellers: Price sharp, lean on your HonestDoor Price, and do not wait for the market to come to you
    • Condo sellers: Volume is on your side - this is one of the busiest condo markets in Surrey right now
    • Landlords: A 4.28% rental yield on houses and 3.91% on condos puts Whalley in the moderate returns category - solid, not spectacular
    • Curious about your specific number: Check your HonestDoor Price before you do anything else

    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 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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    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.

    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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