Panorama Ridge, Surrey Condo Market Report – July 2024

Panorama Ridge is a prestigious residential neighbourhood in south Surrey, BC, known for its elevated terrain, panoramic views of the Fraser Valley, and generous lot sizes. The area is dominated by executive-style detached single-family homes, many featuring large yards and high-end finishes that attract established families and move-up buyers. Panorama Ridge offers a quieter, more rural atmosphere compared to other Surrey communities, yet remains well connected via 152nd Street and Highway 10 to shopping, schools, and transit hubs. Panorama Ridge Secondary School and several elementary schools serve the neighbourhood's strong family population. Green spaces and walking trails are abundant, reflecting the community's appreciation for an active outdoor lifestyle. The combination of spacious properties, scenic surroundings, and convenient access to both South Surrey amenities and the border crossing makes Panorama Ridge one of Surrey's most sought-after upscale residential communities.

← June 2024
4
Units Sold
$668,000
Avg Sold Price
13d
Avg Days on Market
Balanced Market
Market Condition
30 active at start of month 5 new listings Absorption rate: 13.3% Highest sold: $705,000 Lowest sold: $629,000

How Does July 2024 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2024 (this report) 4 $668,000 13d
July 2023 year ago 3 +33.3% $551,304 +21.2%

3-Year Price Trend — Panorama Ridge, Surrey Condo

The Panorama Ridge, Surrey condo real estate market was a Balanced Market in July 2024, with 30 active listings at the start of the month, 4 properties sold, an average sold price of $668,000, properties averaging 13 days on market, an absorption rate of 13.3%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Panorama Ridge, Surrey specialist
Get your home value ›

Frequently Asked Questions — Panorama Ridge, Surrey July 2024

In July 2024, the Panorama Ridge, Surrey condo real estate market is classified as a Balanced Market with an absorption rate of 13.3%. The market in Panorama Ridge, Surrey is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →