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.
| Period | Units Sold | Avg Sold Price | Avg DOM |
|---|---|---|---|
| July 2023 (this report) | 6 | $1,004,150 | 16d |
| June 2023 month prior | 5 +20% | $984,752 +2% | 17d -5.9% |
| July 2022 year ago | 4 +50% | $935,000 +7.4% | — |
In July 2023, the Panorama Ridge, Surrey townhouse real estate market is classified as a Buyer's Market with an absorption rate of 3.3%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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.