Barry Brown Real Estate

Morro Bay, CA

Single-Family Homes

Barry Brown I Broker/Owner I 805-215-3700



Morro Bay, CA

Fri Jul 11 2025
This week the median list price for Morro Bay, CA is $1,399,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Morro Bay, CA

Fri Jul 11 2025
This week the median list price for Morro Bay, CA is $1,399,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Morro Bay market.
Median List Price $1,399,000
Median Price of New Listings $0
Per Square Foot $706
Average Days on Market 120
Median Days on Market 84
Price Decreased 54%
Price Increased 3%
Relisted 14%
Inventory 35
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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 6,500 - 8,000 sqft 4 3.5 22 0 1 112
$1,695,000 2,072 0 - 4,500 sqft 3 2.5 21 0 0 161
$1,069,000 1,600 0 - 4,500 sqft 3 2 37 0 1 49
$774,975 1,148 0 - 4,500 sqft 2 1.8 68 0 1 80