San Luis Obispo County overall home sales and median home price in August increased from the year-earlier month, but declined from July.
The total number of homes sold — including new homes, resale single-family homes and condos — was 405, up 12.2 percent in August over the same month a year ago when 361 units were sold, according to Irvine-based data company CoreLogic.
The overall median home price rose 6.8 percent to $470,000 in August from $440,000 in the year-earlier period, although it retreated a bit from the $488,500 price in July.
The median is the midpoint at which half of the houses sold for more and half for less.
Figures are compared year over year because of the seasonal nature of home sales.
Because of a change in ownership, CoreLogic did not provide data on the overall California housing market. But the California Association of Realtors reported that closed-escrow sales of existing, single-family detached homes in the state totaled a seasonally adjusted 431,800 units in August, up 9.3 percent from the year-earlier period.
The association also reported the median price of a resale single-family detached home was $493,420 in August, 2.5 percent higher than the revised $481,250 recorded in August 2014.
In San Luis Obispo County, 77.5 percent of total sales were resale single-family homes, according to CoreLogic.
Resale single-family home sales increased 11.7 percent to 314 units sold in August, while their median price rose by 10.2 percent to $490,000, according to CoreLogic.
CoreLogic monitors sales of condos and new homes, as well as sub-county data on home sales in cities, though these are subject to large fluctuations because the numbers are relatively small.
The number of condos sold in the county was 47 units, down 13 percent from 54 in August 2014. The median price for condos was $352,500, up 4.4 percent.
Sales of new homes increased by 69.2 percent in August, with 44 units sold, compared with 26 the previous year. The median price of new homes sold decreased by 24.5 percent to $414,000.