REAL-TIME MARKET NUMBERS

Morro Bay, CA 93442

Single-Family Homes

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Morro Bay, CA 93442

Tue Jul 01 2025
This week the median list price for Morro Bay, CA 93442 is $1,397,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 36. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Morro Bay, CA 93442

Tue Jul 01 2025
This week the median list price for Morro Bay, CA 93442 is $1,397,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 36. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Morro Bay market.
Median List Price $1,397,000
Median Price of New Listings $575,000
Per Square Foot $707
Average Days on Market 105
Median Days on Market 77
Price Decreased 56%
Price Increased 3%
Relisted 11%
Inventory 36
Median Rent
Market Action 34
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$2,295,000 2,701 8,000 - 10,000 sqft 4 3.3 22 0 2 105
$1,695,000 2,289 0 - 4,500 sqft 3 2.5 21 0 1 154
$1,175,000 1,860 0 - 4,500 sqft 3 2 34 0 0 49
$799,950 930 0 - 4,500 sqft 2 1.5 75 1 1 35