Barry Brown Real Estate

Morro Bay, CA

Single-Family Homes

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



Morro Bay, CA

Sun Dec 07 2025
This week the median list price for Morro Bay, CA is $1,195,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 27. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Morro Bay, CA

Sun Dec 07 2025
This week the median list price for Morro Bay, CA is $1,195,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 27. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Morro Bay market.
Median List Price $1,195,000
Median Price of New Listings $1,412,499
Per Square Foot $684
Average Days on Market 79
Median Days on Market 63
Price Decreased 48%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,999,999 3,020 4,500 - 6,500 sqft 4 3.3 21 1 0 63
$1,385,000 2,217 4,500 - 6,500 sqft 3 2.8 37 0 2 133
$849,000 1,415 0 - 4,500 sqft 3 2.5 53 1 3 35
$679,500 896 0 - 4,500 sqft 2 1 52 0 1 35