Panorama Ridge, Surrey Real Estate | rennie

Panorama Ridge
SURREY, BC

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Life in Panorama Ridge

Panorama Ridge is part of Surrey and is 28.0 km from Downtown Vancouver and 25.5 km from the Vancouver International Airport. There are 7 schools in Panorama Ridge including Ecole Panorama Ridge Secondary, North Ridge Elementary, and Panorama Park Elementary.


There are currently 142 homes for sale in Panorama Ridge made up of condos, townhomes and houses with an average list price of $2,027,478. An average House in Panorama Ridge has 6 bedrooms, is 3,441 SF and lists for $1,896,619. House prices range from $1,129,000 - $3,498,000.

Panorama Ridge Market Intelligence

Last updated December 20, 2024 at 12:21am -08:00

Market Summary

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

Average Sale Price

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Sales

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Active Listings

142

Dec 20, 2024

Sales-To-Listing Ratio

3 %

Buyers' Market

Average Days On Market

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CURRENT MARKET CONDITIONS

Chart Information

The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.

CONDOS

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S/L RATIO

TOWNHOMES

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S/L RATIO

HOUSES

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S/L RATIO

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Education

Preschool
Elementary
Middle
High
School Name
Type Grade(s) Enrollment
Al-Mustafa School private K-2 23
Boundary Park Elementary public K-7 224
Colebrook Elementary public K-7 203
Ecole Panorama Ridge Secondary public 8-12 1567
J T Brown Elementary public K-7 260
North Ridge Elementary public K-7 478
Panorama Park Elementary public K-7 435

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