Morro Bay Housing Market Report – August 2026
Here's a look at how the Morro Bay, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 15
- Median Sale Price: $945,000
- Average Sale Price: $923,927
- Average Price Per Sq Ft: $658
- Average Days on Market: 67
- Sale-to-List Price Ratio: 96.1%
Month-Over-Month Trends
Compared to July, the median sale price in Morro Bay moved 2.8% up (from $919,500 to $945,000). The number of homes sold was 16.7% down compared to the prior month (18 vs. 15). Average days on market shifted 9.8% up (61 days to 67 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 22.5% up (from $771,500 to $945,000). Sales volume is 6.2% down year-over-year.
Morro Bay Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93442 | 15 | $945,000 | $658 | 67 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 10 | $970,450 | $708 |
| MULTI_FAMILY | 2 | $1,157,500 | $717 |
| CONDO | 1 | $599,000 | $604 |
| CONDOS | 1 | $599,000 | $604 |
| MOBILE | 1 | $315,000 | $207 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 2 |
| $750K+ | 12 |
Current Active Listings
As of this report, there are 71 active listings in Morro Bay with a median asking price of $835,000 and an average of 125 days on market.
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