Barry Brown Real Estate

Morro Bay, CA

Single-Family Homes

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



Morro Bay, CA

Thu Sep 18 2025
This week the median list price for Morro Bay, CA is $1,527,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 30. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Morro Bay, CA

Thu Sep 18 2025
This week the median list price for Morro Bay, CA is $1,527,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 30. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Morro Bay market.
Median List Price $1,527,000
Median Price of New Listings $0
Per Square Foot $669
Average Days on Market 122
Median Days on Market 105
Price Decreased 67%
Price Increased 0%
Relisted 3%
Inventory 30
Median Rent
Market Action 34
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
$2,182,000 3,129 4,500 - 6,500 sqft 4 3.6 26 0 1 164
$1,750,000 2,700 4,500 - 6,500 sqft 3 3 46 0 1 91
$1,272,500 1,769 0 - 4,500 sqft 3 2.6 34 0 1 45
$799,950 1,014 0 - 4,500 sqft 2 1 76 0 1 112