Balanced Market · avg townhouse price $877,667 · 3 sold (30d) · 36 days on market
The Morgan Creek, Surrey townhouse market is balanced, giving both buyers and sellers reasonable negotiating power. In the past 30 days, 3 townhouses sold across Morgan Creek, Surrey at an average sold price of $877,667. Townhouses are selling in an average of 36 days on the market. The absorption rate is 12.5% — meaning 12.5% of active townhouse inventory sells each month. Average townhouse prices in Morgan Creek, Surrey are down 9.1% compared to the 90-day average of $965,727.
12-month average townhouse sold price
Morgan Creek is a Balanced Market for townhouses (absorption rate: 12.5%, 3 sold vs 24 active listings in the last 30 days).