SLO County News BlogGolf, Wine, Real Estate, Business & Travel NewsSLO Housing Prices Keep GrowingTuesday, April 26, 2005March blew in some surprising housing figures, putting San Luis Obispo County at the top of some of the state's sales and appreciation charts.The price of previously owned homes sold in San Luis Obispo County shot up more than 27 percent in March compared to the same period a year ago, according to figures released Monday by the California Association of County home buyers paid a median price of $493,400 last month, or $106,280 more than they did a year earlier. Still, March's figure was down about half a percent from February's record $496,430. Meanwhile, the number of homes sold soared to 317 in March, an increase of nearly 80 percent above February's sales. It was also the greatest monthly percentage sales increase of any region reported by the Realtors' association statewide. The city of Arroyo Grande also made the association's top 10 list for the greatest median home price increases in March compared to the same period a year ago. New and resale homes there jumped 52.5 percent to $681,750, up from $447,000 a year ago. Read entire article at: Home price climbs 27% in past year The Tribune, Leslie E. Stevens To see more of The Tribune, or to subscribe to the newspaper, go to www.sanluisobispo.com. (c) 2005, The Tribune, San Luis Obispo, Calif. Distributed by Knight Ridder/Tribune Business News. Read More
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