Templeton appeared to have suffered the least decline in sale prices of single-family homes. Compared to Atascadero, Paso Robles, Templeton's median sale price decline added to 30%, between 2006 to 2008, and recovered in 2009 with a 8% increase.
Like its median sale price, the number of homes sold declined only slightly. 2008 seemed to be the worst year for Templeton in terms of home sales and price declines. The loss in 2008 was almost regained in 2009, as the number of homes sold spiraled upwards by 14% and sales improved in a jump of 8% in prices.
The downside seems to be length of time needed to sell a home during the 5-year review. As seen in the above chart, single-family homes stayed longer on the market, beginning with a low of 87 days in 2005 to a high of 174 days in 2009.
The above data is based on sales of all single-family residences, including mobile homes, condos, stick-built single family homes, etc., in Templeton, CA for the period from 2005 to 2009. Data is culled from the Central Coast Multiple Listing Service, and deemed accurate at time of report but not guaranteed.
**DOM refers to Days on Market
**SP v. LP refers to Sale Price vs. List Price
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