Home sales and the median price of houses in San Luis Obispo County rose in April compared with a year ago, according to the most recent figures from DataQuick, a Southern California-based real estate information firm.
Sales of all homes — new and resale single-family detached houses and condominiums — increased 9.5 percent in April from the same month a year ago. A total of 266 homes were sold last month, up from 243 in April 2010. That’s down nearly 4 percent, however, from March, when 277 homes were sold in the county, DataQuick reported.
Meanwhile, the all-home median increased 0.7 percent from April 2010. The median price last month was $357,500, up from $355,000 the previous year. The median also increased about 3.5 percent from March 2011, when it was $345,000.
The median is the statistical point at which half of the houses sell for more and half for less.
Here’s a closer look at specific categories:
Resale detached homes: A total of 236 homes were sold last month, up 24.2 percent from 190 in April 2010.
Sales were also up slightly from March, when 231 homes were sold in the county.
The median price of resale detached houses dropped to $370,000 from $382,750, down 3.3 percent from the previous April. But that median was up 5.7 percent from March when DataQuick recorded a median price of $350,000.
Resale condos: Sales and the median price fell in April from the year-earlier period. A total of 19 condos sold last month, down 47.2 percent from 36 in April 2010. It was a 44.1 percent drop from March, when 34 condos sold.
The median price of condos fell in April to $225,000, a 13.5 percent drop from April 2010, when the median price was $260,250. The April median price also fell from March, when it was $303,500, a nearly 26 percent drop.
New home sales: They continue to lag behind, with only 11 sold last month, down 35.3 percent from 17 sold in the same month a year ago. It’s down slightly from March, when 12 were sold.
The median price of new houses in the county was $546,000 last month, a nearly 53 percent increase from April 2010 when the median was $357,000. The April median for new houses increased nearly 42 percent from March, when it was $385,000.