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    East Panorama Ridge, Surrey - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Surrey, East Panorama Ridge

    East Panorama Ridge, Surrey: Your Home Is Worth More Than the City Thinks

    If you own a home in East Panorama Ridge and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than your last tax notice suggested. Here is the real picture.

    The Vibe: What Is Actually Happening in Our Neighbourhood

    East Panorama Ridge is holding its ground. The market is taking a breather - neighbourhood growth is down a modest 0.05% year over year - but this is not a neighbourhood in trouble. With 1,108 properties assessed and 5 transactions recorded in 2026, we are dealing with a low-volume, high-value market. That means fewer sales, but the ones that happen carry real weight.

    Houses: Steady, Strong, and Quietly Outperforming

    Here is something worth knowing. On the leaderboard for growth across Surrey, East Panorama Ridge houses rank 6 out of 45 neighbourhoods. That puts us in the top tier, even while prices are described as "essentially unchanged." Steady at the top is still a good place to be.

    • Average sale price: $710,000
    • Price per square foot: $515
    • Predicted market value: $1,363,966
    • 3-month moving average: $1,360,506 - and rising
    • Estimated monthly rent: $5,151
    • Rental yield: 4.37%
    • Recent value change: 0.41%
    • 2 properties sold last month

    Compare that to Sullivan at $699,000 average sale price or Surrey overall at $575,000 - our houses are selling higher than both. And at a 4.37% rental yield, landlords here are seeing moderate but real returns on a premium asset.

    Condos: A Different Story - And a Surprising One

    The condo picture in East Panorama Ridge is unusual, and it deserves a straight answer. The HonestDoor Price for condos sits at $2,606,092 - a significant drop of 7.63% from the previous period. That is a number to watch. However, the predicted market value is $2,821,289, up from a 3-month moving average of $2,729,257, which suggests the market may be finding its footing again after that dip.

    • Average sale price: $507,000
    • Price per square foot: $760
    • Predicted market value: $2,821,289
    • Estimated monthly rent: $7,456
    • Rental yield: 2.49%
    • Recent value change: 8.78%
    • Airbnb rank in Surrey: 1 out of 44 - the top spot
    • Growth rate rank: 1 out of 44 neighbourhoods

    That Airbnb rank of number 1 in all of Surrey is not a small thing. At an estimated $361 per night, East Panorama Ridge condos are the most attractive short-term rental play in the city right now. If you own a condo here and are not thinking about that angle, you might want to start.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

    Your city assessment is a snapshot taken months ago, based on data that is already old by the time it lands in your mailbox. The average assessed value in East Panorama Ridge sits at $1,286,656. The average HonestDoor Price is $1,363,179. That is a gap of nearly $77,000 - or roughly 5.95% more than what the city says your home is worth.

    That gap is your real-world check. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the city's number means you are working with incomplete information. The HonestDoor Price updates in real time. The assessment does not.

    For context, nearby Rosemary Heights West has an HonestDoor Price of $1,310,696 and Sullivan comes in at $1,157,064. East Panorama Ridge is ahead of both. The city's assessment does not reflect that gap. HonestDoor does.

    The "So What?" - Thinking About Selling This Summer?

    Here is the honest take for anyone considering a summer sale.

    The market is not on fire, but it is not soft either. You are in a neighbourhood that ranks 6 out of 45 in Surrey for house price growth - that is a strong position to negotiate from. Buyers looking in this area are comparing you to Sullivan and Rosemary Heights West, and on price per square foot and predicted value, East Panorama Ridge holds up well.

    The low transaction volume - 5 sales in 2026 so far - actually works in your favour as a seller. Less competition on the market means your listing gets more attention. And with an average rental estimate of $5,149 per month, buyers who are on the fence about buying versus renting have a clear financial reason to buy here.

    Bottom line: do not price off your assessment. Pull your HonestDoor Price, understand where you sit against the $1,363,179 neighbourhood average, and go from there. That is the number that reflects what buyers are actually paying in today's market - not last year's.

    east panorama ridge | surrey | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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