Despite a slowing housing market, home sale prices increased from January to February.
The Tribune reporting that the median home sale price in February for the entire county was $785 thousand dollars. That’s up slightly over last year. But sales are down 33% compared to last year.
In Paso Robles, the median home price in Paso Robles fell 13% over the year to $643 thousand dollars. The number of homes sold in February of this year dropped 15% from last year.
Homes are on the market a little longer this year than last, before they are sold. Real estate analysts say, however, today is a good day to buy a new home.