Buyer's Market · avg house price $1,666,000 · 3 houses sold (30d) · 28 days on market
Buyers currently have more choice in Morgan Creek, Surrey's detached home market, with homes taking longer to sell. In the past 30 days, 3 houses and detached homes sold across Morgan Creek, Surrey at an average sold price of $1,666,000. Properties are selling in an average of 28 days on the market. The absorption rate is 6.4% — meaning 6.4% of the active house inventory sells each month. Average house prices in Morgan Creek, Surrey are down 22.9% compared to the 90-day average of $2,159,460. If you're considering buying a house in Morgan Creek, Surrey, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Morgan Creek is a Buyer's Market for detached homes and houses (absorption rate: 6.4%, 3 sold vs 47 active listings in the last 30 days).