Morgan Creek
SURREY, BC
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Life in Morgan Creek
Morgan Creek is part of Surrey and is 33.9 km from Downtown Vancouver and 31.4 km from the Vancouver International Airport. There are 2 schools in Morgan Creek including Morgan Elementary and Rosemary Heights Elementary.
There are currently 70 homes for sale in Morgan Creek made up of condos, townhomes and houses with an average list price of $2,105,580. An average Condo in Morgan Creek has 2 bedrooms, is 976 SF and lists for $750,272. Condo prices range from $599,800 - $998,000.
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Morgan Creek Market Intelligence
Last updated November 17, 2024 at 12:26am -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
70
Nov 17, 2024
Sales-To-Listing Ratio
10
%
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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Your Morgan Creek Specialist
advisor
Howard is a market expert in Morgan Creek
