Enjoy the Panorama from the Panorama Condos in Lake San Marcos, San Marcos CA

Lake San Marcos is a resort residential community with private human-made lake and 2 golf courses on the east side of San Marcos bordering Carlsbad. Lake San Marcos offers a range of living options including condos, single family detached homes and 55+ housing for seniors.

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

A Video Tour Through the Lake San Marcos Community in San Marcos California 92078

Panorama Condos in Lake San Marcos, built in 1989-1990, offer a rather unique style of living in this community, being situated on the hills overlooking Lake San Marcos (the lake), and with spectacular panoramic views of San Marcos and the mountains to the east from many of the homes (approximately 160).

Panorama Condos are 2 and 3-bedroom with 2 baths ranging from 1022 SF to about 1339 SF (public record).

Panorama Condos offers a resident’s clubhouse, pool, spa and kitchen, but residents also can take advantage of the Lake San Marcos facilities including tennis and golf.

HOA fees are in the $300s, and units offer detached garage parking. Abundant shopping, dining and services are close by.

5 Panorama Condos sold in Lake San Marcos in 2011 at an average price of $271,800 at 94% of asking price, taking an average of 134 days to sell.

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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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Search for Lake San Marcos Homes for Sale

READ MORE:

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

Search for Lake San Marcos Homes for Sale 

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

READ MORE:

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  

New Homes for Sale at Solaire in San Marcos, CA  - Solaire New Homes for Sale in San Marcos, CA

Buyers seeking new homes for sale in San Marcos have ore options, but time seems to be running out.

The new condo homes for sale at Solaire in San Marcos are selling quickly – 23 sold to date (within 1 month of the release) with more Solaire homes ready to move in next year in January and February.

A total of 140 homes will be built at Solaire.

The new condos at Solaire are available in 3 floor plans ranging from 1158 SF to 1253 SF with 2-car side-by-side garages attached (entry from the first floor foyer), 2 or 3 bedrooms, and 2.5 or 3 baths.

Pricing for these new Solaire townhomes in San Marcos rang from $267,590 for the smallest Plan 1 residence. Solaire is offering up to $5K from their preferred lender for those who qualify for upgrades, flooring, or closing costs.

HOA dues at Solaire in San Marcos will be approximately $186/month which covers, among other things, the swimming pool, spa, and outdoor entertaining area with barbecue. Children will attend the San Marcos Unified Schools.

If you have an interest in other homes for sale in San Marcos check out the links below.

Search for San Marcos Homes for Sale

Lake San Marcos Homes for Sale

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

READ MORE:

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).

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 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

New Homes for Sale in San Elijo Hills at Altaire, in San Marcos

There are new homes for sale in San Elijo Hills at Altaire, a D.R. Horton community currently under construction with Phase 1 of 11 homes just released (3 of these have already sold).

Read More: 

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

San Elijo Hills Homes for Sale (read about some features of the Village and the homes at Marketplace) 

A Peak at Double Peak Park in San Elijo Hills (amazing views) 

The new homes for sale at Altaire in San Elijo Hills offer the following:

• 3-floor plans with 3 different styles – Craftsman, Spanish Colonial and Old World
• 3 – 6 bedrooms (depending on options) and up the 4.5 baths
• 2 story floor plans (one plan has a downstairs master suite and lives like a single story)
• 3-car garages (2-car tandem bay)
• Partial or full ocean and/or panoramic views from some homes
• Large lots (some up to 11,000 SF with room for a pool)

The San Elijo Hills homes for sale at Altaire range in size from about 2,624 SF up to 3,478 SF, and are currently priced from $624,543 to $715,969 with higher prices for the view homes. 

There is more good news – HOA fees are only $85/month and the large bond has been paid off so the Mello Roos are just $850/year. The total tax rate (property taxes plus Mello Roos) is about 1.15%, a bargain compared to some new communities at 1.3% or even 1.7%. 

Interested in the homes for sale at Altaire in San Elijo Hills? Want more information? Let me take you on a personal tour of these appealing homes and the San Elijo Hills community. 

Search for San Marcos Homes for Sale

Lake San Marcos Homes for Sale

San Elijo Hills Homes for Sale

Enjoy your virtual tour of the homes at Altaire at San Elijo Hills!

Keep in mind the views from the models are not representative of the views from the available homes.

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

Lake San Marcos Homes for Sale

READ MORE:

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