Morro Bay Real Estate Market
The median sale price for homes in Morro Bay over the last 12 months is $390,000.
The median mortgage debt is $177,168.
The price per square foot for listings in this area is $381.
The median sale price in December for single family homes is $415,000. The sale prices increased by 6.82% from the previous month.
The price per square foot for sales in this area is $252.
The number of active listings in Morro Bay dropped by 8.1% from the previous month.
The median number of days active properties have been listed is 137.
The number of sales in December dropped by 0% from the previous month.
Morro Bay has a high % of unoccupied properties. It is 7.01% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Morro Bay is 20.94% below the national average.
The percent of rental properties in Morro Bay is 16.73% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.