Buyer's Market · avg house price $1,242,000 · 4 houses sold (30d) · 45 days on market
Buyers currently have more choice in Panorama Ridge, Surrey's detached home market, with homes taking longer to sell. In the past 30 days, 4 houses and detached homes sold across Panorama Ridge, Surrey at an average sold price of $1,242,000. Properties are selling in an average of 45 days on the market. The absorption rate is 4.3% — meaning 4.3% of the active house inventory sells each month. Average house prices in Panorama Ridge, Surrey are down 13.7% compared to the 90-day average of $1,438,826. If you're considering buying a house in Panorama Ridge, Surrey, you have more time to negotiate — though well-priced single-family homes still attract attention.
Explore the full profile & sale history for recently sold Panorama Ridge homes.
12-month average house sold price
| Month | Sold | Avg price | $/sqft | Avg DOM |
|---|---|---|---|---|
| October | 8 | $1,321,625 | $482 | 21 days |
| September | 8 | $1,679,250 | $422 | 73 days |
| August | 8 | $1,277,625 | $424 | 36 days |
| July | 2 | $1,116,750 | $535 | 47 days |
| June | 6 | $2,341,000 | $494 | 44 days |
| May | 3 | $1,624,889 | $505 | 34 days |
| April | 11 | $1,452,001 | $514 | 44 days |
| March | 8 | $1,381,875 | $548 | 36 days |
| February | 4 | $1,687,000 | $494 | 21 days |
| January | 4 | $1,403,975 | $477 | 81 days |
| December | 3 | $2,096,667 | $446 | 42 days |
Monthly MLS® sold homes over the last 12 months. Months with no recorded sales are omitted; a single sale can swing a month's average in lower-volume areas.
Panorama Ridge is a Buyer's Market for detached homes and houses (absorption rate: 4.3%, 4 sold vs 92 active listings in the last 30 days).