Panorama Ridge, Surrey Townhouse Market Report – May 2026

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.

← April 2026
4
Units Sold
$967,425
Avg Sold Price
2d
Avg Days on Market
Buyer's Market
Market Condition
423 active at start of month 18 new listings Absorption rate: 0.9% Highest sold: $999,900 Lowest sold: $870,000

How Does May 2026 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2026 (this report) 4 $967,425 2d
April 2026 month prior 3 +33.3% $786,333 +23% 28d -92.9%
May 2025 year ago 2 +100% $1,044,500 -7.4%

3-Year Price Trend — Panorama Ridge, Surrey Townhouse

The Panorama Ridge, Surrey townhouse real estate market was a Buyer's Market in May 2026, with 423 active listings at the start of the month, 4 properties sold, an average sold price of $967,425, properties averaging 2 days on market, an absorption rate of 0.9%. 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
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Frequently Asked Questions — Panorama Ridge, Surrey Townhouse Market

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.

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