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Morro Bay Market Report

$1,236,939

AVERAGE PRICE OF 69 HOMES

$2,062,793

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$1,145,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$550,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$499,999

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,236,939
Avg Bedrooms 2.63 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

1 bedroom $445,000
2 bedrooms $838,935
3 bedrooms $1,051,389
4 bedrooms $1,513,333
5 bedrooms $3,900,000
Morro Bay Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 72 74 75 78 75
Average Price $1,294,808 $1,297,296 $1,294,988 $1,331,342 $1,301,305
Avg Price Change -0.19% +0.18% -2.81% +2.31% -1.49%
Median Price $984,340 $1,001,895 $1,014,242 $1,024,761 $948,956
Med Price Change -1.78% -1.23% -1.04% +7.99% +1.52%
Avg Bedrooms 2.37 beds 2 beds 1.51 beds 1.46 beds 1.41 beds
Avg Bathrooms 2.21 baths 1.84 baths 1.38 baths 1.33 baths 1.28 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Morro Bay 12 $1,104,407 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 69 $1,236,939 75 days
Multi-Million Dollar Homes 29 $2,062,793 101 days
Newly Built Homes 2 $1,145,000 145 days
Homes with a Pool 1 $550,000 129 days
Reduced Price Homes 1 $499,999 145 days
The Keenan Carter Group
Richard Keenan And Narlene Carter Keenan
350 James Way, Ste 130
Pismo Beach, CA 93449
805-773-7711
Keller Williams Realty Central Coast DRE# 02005015
The Keenan Carter Group DRE# 00860187
Each Office is Independently Owned and Operated.

Based on information from California Regional Multiple Listing Service, Inc. as of November 7, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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