REAL-TIME MARKET NUMBERS

Morro Bay, CA 93442

Single-Family Homes

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Morro Bay, CA 93442

Tue Apr 22 2025
This week the median list price for Morro Bay, CA 93442 is $1,549,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has decreased to 31. Click here to stay informed with the Morro Bay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Morro Bay, CA 93442

Tue Apr 22 2025
This week the median list price for Morro Bay, CA 93442 is $1,549,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has decreased to 31. Click here to stay informed with the Morro Bay market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Morro Bay market.
Median List Price $1,549,000
Median Price of New Listings $1,350,000
Per Square Foot $749
Average Days on Market 88
Median Days on Market 56
Price Decreased 55%
Price Increased 0%
Relisted 6%
Inventory 31
Median Rent
Market Action 39
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,400,000 2,735 0.25 - 0.5 acre 4 4 25 0 0 42
$1,897,450 2,370 0 - 4,500 sqft 3 2.8 16 0 0 150
$1,412,500 1,913 0 - 4,500 sqft 3 2.3 40 2 0 31
$814,950 1,148 0 - 4,500 sqft 3 2 68 1 2 63