In a large bowl, combine cranberries and strawberries to defrost the cranberries.
Drain the "defrost" liquid into a measuring cup and add additional water to make 1 cup of total liquid.
Pour 1 cup of the liquid, honey, and cranberries, into a medium sauce pan. Bring it to a boil and cook, stirring occasionally, until cranberries pop and mixture thickens (about 10 minutes).
Stir in strawberries and cook down for an additional 5-10 minutes until they begin to break down and become part of the "sauce". Allow the sauce to cool and refrigerate for 3 hours or overnight to give the flavors time to marry.