REAL-TIME MARKET NUMBERS

Morro Bay, CA 93442

Single-Family Homes

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Morro Bay, CA 93442

Thu May 22 2025
This week the median list price for Morro Bay, CA 93442 is $1,445,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 35. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Morro Bay, CA 93442

Thu May 22 2025
This week the median list price for Morro Bay, CA 93442 is $1,445,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 35. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Morro Bay market.
Median List Price $1,445,000
Median Price of New Listings $1,197,499
Per Square Foot $828
Average Days on Market 88
Median Days on Market 63
Price Decreased 60%
Price Increased 0%
Relisted 3%
Inventory 35
Median Rent
Market Action 36
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$2,397,500 2,986 0.25 - 0.5 acre 3 3.8 21 1 1 59
$1,790,000 2,072 0 - 4,500 sqft 3 2.5 25 0 1 175
$1,235,000 1,600 0 - 4,500 sqft 3 2 34 2 2 49
$795,000 1,086 0 - 4,500 sqft 3 1.5 65 1 1 35