I think what you want to do is not totally straightforward, and I can't think of a workaround that allow it to be done in an easy way (ie without writing any extra MATLAB code).
If the average is not segmented so well, this could be indicating that the alignment is leading to a slightly blurred average. The average could be made more crisp by decreasing the registration regularisation that is used. You could rescale the default deformation regularisation settings by (say) 0.1. This would give the registration more flexibility so that it can make the warped images visually more similar to each other, which should give a crisper average that segments better.
Any nonlinear image registration algorithm uses some sort of a tradeoff between keeping the warps smooth, and making the images more similar. The longitudinal registration in SPM is no exception. The default amount of regularisation worked well for the dataset I used when developing the algorithm, but may be set a bit too high for some other other datasets.
Best regards,
-John