San Marcos Homes for  Sale - What Happened in the San Marcos Real Estate Market in February 2012?

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE:

 San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having information about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In February 2012 there were 85 homes sold in San Marcos’ 2 zip codes (92069 and 92078), up 13% from January. Here’s the breakdown of overall activity.

Sales volume increased for both detached and attached homes from January, and average sales prices also shifted up modestly across the board. Buyers are not negotiating much on their purchases, getting only 3% off the asking price on average.

There were 164 San Marcos homes for sale at the end of February with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

The San Marcos real estate market inventory remained stable February - at the end of February 2012 the San Marcos real estate market had 358 homes for sale (46% are contingent), 1 more than at the end of January.

This represents an inventory of 3.9 months for attached homes (up from 3.5 months) and 4.1 months for detached (up from 4 months) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains highly competitive for buyers and is trending more toward a seller’s market overall, with the lowest absorption rates for the North San Diego County coastal communities!

And good news for sellers is that homes are not taking long to sell, on average about 3 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In February 2012 we saw 145 homes come on the market, 31% more than last month. The number of homes going pending in February (105) increased by 27% from last month’s pendings, another positive sign.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in February. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

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San Marcos Homes for sale – What Happened in the San Marcos Real Estate Market in January 2012?

San Marcos Homes for Sale – What Happened in the San Marcos Real Estate Market in December 2011?

San Marcos Homes for Sale – What Happened in the San Marcos Real Estate Market in November 2011?

San Marcos Homes for Sale | San Marcos Real Estate Market Report for October 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for September 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for August 2011

San Marcos Homes for Sale -

What Happened in the San Marcos Real Estate Market in January 2012?

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE:

 San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having information about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In January 2012 there were 75 homes sold in San Marcos’ 2 zip codes (92069 and 92078), down 35% from December. Here’s the breakdown of overall activity.

Sales volume decreased significantly for detached single family homes in San Marcos, but rose modestly for attached properties. Average sales prices shifted up modestly for detached homes but declined for attached. Buyers are not negotiating much on their purchases, getting only 1-2% off the asking price on average.

There were 143 San Marcos homes for sale at the end of January with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

The San Marcos real estate market tightened further in January - at the end of January 2012 the San Marcos real estate market had 357 homes for sale (40% are contingent), 3% fewer than at the end of December, another decline although modest.

This represents an inventory of 3.5 months for attached homes (down from 3.7 months) and 4 months for detached (up from 3.9 months) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains highly competitive for buyers and is trending more toward a seller’s market overall, with the lowest absorption rates for the North San Diego County coastal communities!

And good news for sellers is that homes are not taking long to sell, on average about 3 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In January 2012 we saw 111 homes come on the market, 13% more than last month. The number of homes going pending in January (83) increased by 26% from last month’s pendings.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in January. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

Search for San Marcos Homes for Sale

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San Marcos Homes for Sale – What Happened in the San Marcos Real Estate Market in December 2011?

San Marcos Homes for Sale – What Happened in the San Marcos Real Estate Market in November 2011?

San Marcos Homes for Sale | San Marcos Real Estate Market Report for October 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for September 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for August 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for July 2011

What Happened in the San Marcos Real Estate Market in December 2011?

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE:

 San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having information about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In December 2011 there were 115 homes sold in San Marcos’ 2 zip codes (92069 and 92078), up 35% from November. Here’s the breakdown of overall activity.

Sales volume again increased significantly for detached single family homes in San Marcos, but also for attached properties. Average sales prices shifted up modestly for detached homes but declined for attached. Buyers are not negotiating much on their purchases, getting only 1-2% off the asking price on average.

There were 123 San Marcos homes for sale at the end of December with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

The San Marcos real estate market tightened further in December - at the end of December 2011 the San Marcos real estate market had 368 homes for sale (33% are contingent), 10% fewer than at the end of November, probably a reflection of the time of year, and another decline.

This represents an inventory of 3.7 months for attached homes (down from 3.9 months) and 3.9 months for detached (down from 4.4 months) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains highly competitive for buyers and is trending more toward a seller’s market overall, with the lowest absorption rates for the North San Diego County coastal communities!

And good news for sellers is that homes are not taking long to sell, on average about 3 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In December 2011 we saw 98 homes come on the market, 4% fewer than last month, suggesting a furthering tightening of the San Marcos real estate market. The number of homes going pending in December (66) declined by almost 1/3 from last month’s pendings, perhaps a reflection of the holiday season.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in December. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

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San Marcos Homes for Sale – What Happened in the San Marcos Real Estate Market in November 2011?

San Marcos Homes for Sale | San Marcos Real Estate Market Report for October 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for September 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for August 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for July 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for June 2011

What Happened in the San Marcos Real Estate Market in November 2011?

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE: San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having information about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In November 2011 there were 85 homes sold in San Marcos’ 2 zip codes (92069 and 92078), up 10% from October. Here’s the breakdown of overall activity.

Sales volume increased significantly for detached single family homes in San Marcos but declined for attached properties. Average sales prices shifted down modestly for detached homes but rose for attached. Buyers are not negotiating much on their purchases, getting only 1-2% off the asking price (and in the case of attached homes a number sold for over asking, typically REOs and short sales).

There were 135 San Marcos homes for sale at the end of November with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

At the end of November 2011 the San Marcos real estate market had 407 homes for sale (33% are contingent), 8% fewer than at the end of October, probably a reflection of the time of year.

This represents an inventory of 3.9 months for attached homes (down from 4.2 months) and 4.4 months for detached (down from 4.5 months) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains highly competitive for buyers, with the lowest absorption rates for the North San Diego County coastal communities! And good news for sellers is that homes are not taking long to sell, on average about 3 months.

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In November 2011 we saw 98 homes come on the market, 22% fewer than last month, suggesting a furthering tightening of the San Marcos real estate market. In contrast the number of homes going pending in November (94) rose by 9% from last months pendings, a reflection that buyers are taking advantage of the current pricing.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in November. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

Search for San Marcos Homes for Sale

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READ MORE:

San Marcos Homes for Sale | San Marcos Real Estate Market Report for October 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for September 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for August 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for July 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for June 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for May 2011

San Marcos Real Estate Market Report for October 2011

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE: San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In October 2011 there were 77 homes sold in San Marcos’ 2 zip codes (92069 and 92078), down 7% from September, the second month of decline. Here’s the breakdown of overall activity.

Sales volume declined for detached single family homes in San Marcos but rose for attached properties. Average sales prices remained about the same as last month for attached home but rose 4% for single family detached homes.

There were 143 San Marcos homes for sale at the end of October with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, the same as last month. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

At the end of October 2011 the San Marcos real estate market had 443homes for sale (32% are contingent), just 1% fewer than at the end of September. This represents an inventory of 4.2 months for attached homes (up from 3.8 months) and 4.5 months for detached (the same as for the prior 2 monthst) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains highly competitive for buyers, with the lowest absorption rates for the North San Diego County coastal communities!

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In October 2011 we saw 125 homes come on the market, 9% fewer than last month. The number of homes going pending in October (86) saw an decrease of 12% from September pendings.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in October. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

Search for San Marcos Homes for Sale

Lake San Marcos Homes for Sale

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San Marcos Homes for Sale | San Marcos Real Estate Market Report for September 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for August 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for July 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for June 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for May 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for April 2011

San Marcos Real Estate Market Report for September 2011

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE: San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In September 2011 there were 83 homes sold in San Marcos’ 2 zip codes (92069 and 92078), down 19% from last month. Here’s the breakdown of overall activity.

Sales volume declined fairly significantly overall, while average sales prices remained about the same as last month.

There were 138 San Marcos homes for sale at the end of September with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, the same as last month. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

At the end of September 2011 the San Marcos real estate market had 448 homes for sale (31% are contingent), a 2% decrease in inventory from August. This represents an inventory of 3.8 months for attached homes (down from 4.3 months) and 4.5 months for detached (the same as in August) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains highly competitive for buyers, with the lowest absorption rates for the North San Diego County coastal communities!

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In September 2011 we saw 138 homes come on the market, 5% more than last month. The number of homes going pending in September (98) saw an increase of 21%, from August pendings.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in September. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

Search for San Marcos Homes for Sale

Lake San Marcos Homes for Sale

READ MORE:

San Marcos Homes for Sale | San Marcos Real Estate Market Report for August 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for July 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for June 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for May 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for April 2011

San  

San Marcos Real Estate Market Report for August 2011

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE: San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In August 2011 there were 102 homes sold in San Marcos’ 2 zip codes (92069 and 92078), up 9% from last month. Here’s the breakdown of overall activity.

Sales volume rose overall, particularly for attached home sale, combined with a decline in average sales price for detached homes but a bump up in average prices for attached.

There were 142 San Marcos homes for sale at the end of August with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, the same as last month. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

At the end of August 2011 the San Marcos real estate market had 456 homes for sale (31% are contingent), a 3% decrease in inventory from July. This represents an inventory of 4.3 months for attached homes (down from 4.6 months) and 4.5 months for detached (down from 4.9 months in July) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains competitive for buyers, with the lowest absorption rates for the North San Diego County coastal communities!

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In August 2011 we saw 132 homes come on the market, 24% fewer than last month, which may lead to an even more competitive market. The number of homes going pending in August (81) saw a decline, by 6%, from July pendings.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in August. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

Search for San Marcos Homes for Sale

Lake San Marcos Homes for Sale

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San Marcos Homes for Sale | San Marcos Real Estate Market Report for July 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for June 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for May 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for April 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for March 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for February 2011

San Marcos Real Estate Market Report for July 2011

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE: San Marcos - A Thriving Inland Residential Community

San Elijo Hills – Award-Winning Master Planned Community in San Marcos

Lake San Marcos – Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller when making decisions about buying and selling.

In July 2011 there were 94 homes sold in San Marcos’ 2 zip codes (92069 and 92078), down 22% from last month. Here’s the breakdown of overall activity.

Sales volume rose declined overall, combined with a decline in average sales price for detached homes. Average days on market also declined from last month.

There were 142 San Marcos homes for sale at the end of July with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

At the end of July 2011 the San Marcos real estate market had 469 homes for sale (30% are contingent), a 3% decrease in inventory from June. This represents an inventory of 4.6 months for attached homes (down from 4.7 months) and 4.9 months for detached (down from 5.5 months in June) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains pretty competitive for buyers, with the lowest absorption rates for the North San Diego County coastal communities!

READ MORE:   How Important is Inventory when Buying or Selling? Very!!

In July 2011 we saw 174 homes come on the market, 23% more than last month, another increase in overall inventory. The number of homes going pending in July (86) saw a decline, by 16%, from May pendings.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in July. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

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San Marcos Homes for Sale | San Marcos Real Estate Market Report for June 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for May 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for April 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for March 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for February 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for January 2011

San Marcos Real Estate Market Report for June 2011

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.

READ MORE: San Marcos - A Thriving Inland Residential Community

San Elijo Hills - Award-Winning Master Planned Community in San Marcos

Lake San Marcos - Resort and Residential Community in San Marcos, CA

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller when making decisions about buying and selling. 

In June 2011 there were 121 homes sold in San Marcos' 2 zip codes (92069 and 92078), 14% more than last month. Here's the breakdown of overall activity. 

Sales volume rose overall, with a fairly significant bump up in sales of detached homes but a decline for attached home sales. Average sales prices showed a similar pattern. 

There were 156 San Marcos homes for sale at the end of June with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained. 

At the end of June 2011 the San Marcos real estate market had 485 homes for sale (32% are contingent), an increase of 8% in inventory from May. This represents an inventory of 4.7 months for attached homes (up from 4.5 months) and 5.5 months for detached (up from 5.2 months in May) based on the current rate of sales over the last 6 months. The San Marcos real estate market remains competitive for buyers! 

READ MORE:   How Important is Inventory when Buying or Selling? Very!! 

In June 2011 we saw 174 homes come on the market, 23% more than last month, another increase in overall inventory. The number of homes going pending in June (86) saw a decline, by 16%, from May pendings.

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in June. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).

Search for San Marcos Homes for Sale

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San Marcos Homes for Sale | San Marcos Real Estate Market Report for May 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for April 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for March 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for February 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for January 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for December 2010

San Marcos Real Estate Market Report for May 2011

The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed. 

READ MORE: San Marcos - A Thriving Inland Residential Community 

San Elijo Hills - Award-Winning Master Planned Community in San Marcos 

Lake San Marcos - Resort and Residential Community in San Marcos, CA 

Media reports tend to speak in general terms, rather than local, so their information will not likely represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about local market conditions benefits you as the buyer or seller when making decisions about buying and selling. 

In May 2011 there were 106 homes sold in San Marcos' 2 zip codes (92069 and 92078), 3% more than last month. Here's the breakdown of overall activity. 

Sales volume rose slightly on average, with attached home sales showing a larger bump up than detached. Average homes prices declined across the board. 

There were 160 San Marcos homes for sale at the end of May with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.

At the end of May 2011 the San Marcos real estate market had 449 homes for sale (36% are contingent), down 7% in inventory from April. This represents an inventory of 4.5 months for attached homes (down from 5.5 months) and 5.2 months for detached (down from 5.7 months in April) based on the current rate of sales over the last 6 months. The San Marcos real estate market is getting more competitive for buyers! 

READ MORE:   How Important is Inventory when Buying or Selling? Very!! 

In May 2011 we saw 141 homes come on the market, 3% more than last month. The number of homes going pending in May (104) saw significant increase, by 16%, from April pendings. 

This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in May. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069). 

Search for San Marcos Homes for Sale

Lake San Marcos Homes for Sale 

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San Marcos Homes for Sale | San Marcos Real Estate Market Report for April 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for March 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for February 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for January 2011

San Marcos Homes for Sale | San Marcos Real Estate Market Report for December 2010

San Marcos Homes for Sale | San Marcos Real Estate Market Report for November 2010