Panorama Ridge, Surrey Townhouse Market Report – September 2021

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.

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15
Units Sold
$893,899
Avg Sold Price
35d
Avg Days on Market
Seller's Market
Market Condition
62 active at start of month 9 new listings Absorption rate: 24.2% Highest sold: $1,145,000 Lowest sold: $680,000

How Does September 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2021 (this report) 15 $893,899 35d
August 2021 month prior 14 +7.1% $868,291 +2.9% 28d +25%
September 2020 year ago 13 +15.4% $730,600 +22.4%

3-Year Price Trend — Panorama Ridge, Surrey Townhouse

The Panorama Ridge, Surrey townhouse real estate market was a Seller's Market in September 2021, with 62 active listings at the start of the month, 15 properties sold, an average sold price of $893,899, properties averaging 35 days on market, an absorption rate of 24.2%. 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 September 2021

In September 2021, the Panorama Ridge, Surrey townhouse real estate market is classified as a Seller's Market with an absorption rate of 24.2%. It is currently a seller's market in Panorama Ridge, Surrey. While demand is elevated, qualified buyers can still find opportunities. 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.

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