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I calculated the Median Home Prices for homes sold the first Quarter of 2008 (January 1 – March 31). Below is a chart that compares the median home price between Q1 2008 and Q1 2007. I also updated the individual city sold info. To view these, go to the home page of http://www.slowatch.com/ and scroll down to “City Stats”. Then click on “Sold Info” under the city you want to see the Sold detail.

Not sure what happened in Los Osos other than the mixture of homes were more on the higher end of the price curve than in other Quarters. Check out the detail and you’ll see how many homes in each price range sold.

I’m also researching quarterly median home prices since 2004 and I’m about half way done. I plan to provide graphs for each city so you can see what the median home price has done over the past 4 years.

Q1 2008 Q1 2007
Arroyo Grande $585,000 $635,000 -7.9%
Atascadero $437,500 $510,000 -14.2%
Cambria $680,000 $642,000 5.9%
Cayucos $900,000 $907,500 -0.8%
Grover Beach $452,500 $520,250 -13.0%
Los Osos $634,500 $497,500 27.5%
Morro Bay $480,000 $595,000 -19.3%
Nipomo $521,500 $565,000 -7.7%
Oceano $353,450 $369,900 -4.4%
Paso Robles $396,500 $443,000 -10.5%
Pismo Beach $670,000 $789,500 -15.1%
San Luis Obispo $625,000 $699,000 -10.6%
Santa Maria $288,750 $393,450 -26.6%
Written by Keith Byrd - Go to Keith's Website/Profile