Morro Bay, CA
Housing market overview · Updated weekly
$960,000median sale price
Homes sold
18
Last 12 weeks
Days on market
83
Average pace
Active listings
21
1.2 months supply
Sale-to-list
96.6%
Below asking
The Morro Bay housing market is currently classified as a seller's market with a median sale price of $960,000. Prices have risen 11.6% compared to last year, with homes spending an average of 83 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Morro Bay
There are currently 21 homes listed for sale in Morro Bay, California. The median listing price is $822K.
Active listings
21
Homes on market
Median list price
$822K
Avg. days on market
83
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Morro Bay?
The median home sale price in Morro Bay is $960,000, up 11.6% from last year.
How long do homes stay on market in Morro Bay?
Homes typically spend 83 days on market before going under contract.
Is Morro Bay a buyer's or seller's market?
With 1.2 months of supply, Morro Bay is currently a seller's market.
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