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 6 schools in Panorama Ridge including Panorama Ridge Secondary, Panorama Park Elementary, and North Ridge Elementary.


There are currently 93 homes for sale in Panorama Ridge made up of condos, townhomes and houses with an average list price of $1,966,411. An average House in Panorama Ridge has 4 bedrooms, is 2,843 SF and lists for $2,571,794. House prices range from $1,490,000 - $5,350,000.

Panorama Ridge Market Intelligence

Last updated June 28, 2022 at 01:30am -07:00

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

93

Jun 28, 2022

Sales-To-Listing Ratio

8 %

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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TOWNHOMES

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HOUSES

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Education

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