Buyer's Market · avg house price $1,262,500 · 2 houses sold (30d) · 39 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, 2 houses and detached homes sold across Panorama Ridge, Surrey at an average sold price of $1,262,500. Properties are selling in an average of 39 days on the market. The absorption rate is 2.1% — meaning 2.1% of the active house inventory sells each month. Average house prices in Panorama Ridge, Surrey are down 11.4% compared to the 90-day average of $1,424,850. 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.
12-month average house sold price
Panorama Ridge is a Buyer's Market for detached homes and houses (absorption rate: 2.1%, 2 sold vs 94 active listings in the last 30 days).