Business

Biz Buzz: Home prices still slipping, data show

San Luis Obispo County home sales — as well as the median home price — continued to slide in October, according to the latest information from MDA DataQuick, a Southern California-based real estate tracking firm.

Sales of all homes, including new and resale single-family detached homes and condominiums, dropped 4.1 percent year-over-year in October, with 278 homes sold that month compared to 290 sold the same month a year ago.

The median price — the statistical point at which half of homes sell for more and half for less — also fell to $369,000 in October, an 11.6 percent drop from October 2008 when the median stood at $417,500.

Here’s a closer look:







— Julie Lynem



Tony Young of Paso Robles recently celebrated 15 years as a propane service technician at Delta Liquid Energy. As a service technician, Young performs propane safety checks for home appliances, converts clothes driers from natural gas to propane, and repairs leaky propane tank. Delta Liquid Energy is a family-owned and operated propane marketer that is headquartered in Paso Robles and operates nine service facilities throughout California.

— Julia Hickey

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