|
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If I can provide more information about Escondido real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits
5 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • March 14 2010 02:54PM
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
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller when making decisions about buying and selling.
In February 2010 there were 68 homes sold in San Marcos' 2 zip codes (92069 and 92078). Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
66 (down 15%) |
50 (down 14%) |
16 (down 20%) |
|
Ave. $
|
$379,032 (up 7%) |
$410,462 (down 5%) |
$280,812 (up 43%) |
|
DOM
|
70 |
75 |
54 |
|
List $/Sale $
|
99% |
98% |
100% |
There were 177 homes on the market at the end of February with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, down 1 from 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 February 2010 the San Marcos real estate market had 369 homes for sale (48% are contingent), 9% more than in January, another increase. This represents an inventory of 4.6 months for attached homes (up from 3.7 in January)) and 3.8 months for detached (up from 3.4 months at the end of January) based on the current rate of sales over the last 6 months. Days on market rose across across the board, on average by about 10 days.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In February we saw 141 homes come on the market, a significant increase of 48% over the number in January. The number of homes going pending in February (107) rose by 55% over the rate in January. Thus the San Marcos real estate market remains very competitive for buyers, and homes continue to sell fairly briskly. The good news is that the number of homes available to buyers increased significantly.
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).
READ MORE:
San Marcos Real Estate - San Marcos Real Estate Market Report for January 2010
San Marcos Real Estate - San Marcos Real Estate Market Report for December 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for November 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for October 2009
San Marcos Real Estate Market Report for September 2009
San Marcos Real Estate Market Report for August 2009
San Marcos Real Estate Market Report for July 2009
San Marcos Real Estate Market Report for June 2009
San Marcos Real Estate Market Report for May 2009
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
1 comment • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • March 09 2010 07:40AMThe Saint Petka Serbian Orthodox Church in San Marcos is a stunning piece of architecture.
I first saw it a few months ago when showing property in the area, and it was not an opportune time to snap any photos. But the location was quite striking, and it just sort of appeared out of nowhere as I was driving down the road.
I happened by Saint Petka again yesterday on the way back from showings in the area and had to stop.
Not only is the building itself dramatic, but the backdrop of the mountains provides an ethereal look.
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
11 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • February 21 2010 12:49AM
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
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller when making decisions about buying and selling.
In January 2010 there were 61 homes sold in San Marcos' 2 zip codes (92069 and 92078). Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
78 (down 24%) |
58 (down 42%) |
20 (down 35%) |
|
Ave. $
|
$353,613 (down 6%) |
$430,288 (down 4%) |
$196,429 (down 6%) |
|
DOM
|
60 |
62 |
54 |
|
List $/Sale $
|
101% |
99% |
104% |
There were 178 homes on the market at the end of January with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, up 7% from 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 January 2010 the San Marcos real estate market had 340 homes for sale (52% are contingent), 6% more than in December. This represents an inventory of 3.7 months for attached homes (up from 3.6 in December)) and 3.4 months for detached (a decline from 2.9 months at the end of December) based on the current rate of sales over the last 6 months.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In January we saw 95 homes come on the market, an increase of 9% over the number in December. The number of homes going pending in January (69) declined by 21% over the rate in December. Thus the San Marcos real estate market remains very competitive for buyers, but homes have been selling at a fairly good clip, too.
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).
READ MORE:
San Marcos Real Estate - San Marcos Real Estate Market Report for December 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for November 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for October 2009
San Marcos Real Estate Market Report for September 2009
San Marcos Real Estate Market Report for August 2009
San Marcos Real Estate Market Report for July 2009
San Marcos Real Estate Market Report for June 2009
San Marcos Real Estate Market Report for May 2009
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
1 comment • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • February 08 2010 10:24PM
You might not think these flowers are so special, since Southern California has flowers all year round.
These daffodils were blooming outside one of the homes I toured today with my clients (who, by the way, put in an offer).
While it is not ususual to see flowers, daffodils are not common except in the cooler areas of California (e,g., the mountain communities further inland). These reminded me of my East coast roots, and in particular the vast quantities of daffodils we would see in early Spring on Cape Cod, MA. Indeed, they even had a Daffodil festival to celebrate the tens of thousands of blooms with a big fair and all sort of fun activites. It is a nice memory and I particualr enjoyed seeing these flowers today.
Guess there aren't too many flowers showing back East right now. But that time will come soon.
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
14 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • February 07 2010 11:20PMOf the San Marcos Restaurants I have enjoyed, the Market St. Café and French Bakery is a winner.
I was introduced to the Market St. Café a year or two ago by good friends, and we had several wonderful meals there...a pleasant surprise given what seems to be a wealth of chain and fast food San Marcos restaurants. Their half price wine night is a real treat and a deal! I took some clients there for lunch and they, too, thoroughly enjoyed the food and the atmosphere on their outdoor patio.
San Marcos Restaurants - The Market St. Café in Old California Restaurant Row
We heard recently from our friends that the Market St. Café had a new chef, who happened to have come from a restaurant we thoroughly enjoyed in La Jolla. So naturally we had to try it out.
They did NOT disappoint! In fact, it's better than ever, with a Mediterranean style French bistro menu with what I think of as comfort food. At least it's comforting to me...Coq au Vin (read this article by Chef Matt Richman) and Bouillabaisse, to name a few items on their dinner menu.
Fortunately we made reservations, as the place was packed when we arrived. I usually find that to be a good sign. Our dinner was wonderful - I had the Bouillabaisse, and topped it off with a scrumptious three-layer chocolate mousse cake - and our server, Julie (who we remembered from at least one prior visit) was terrific, with just the right amount of friendliness and efficiency coupled with substantial knowledge about the menu and food preparation. What more could you ask for?
My next visit may have to be at the Bakery to try out some of their pastries, since I drive by frequently when out showing property.
Visit the Market Street Cafe on Facebook to stay on top of happenings.
Check out their other restaurants - Café Bleu (Mission Hills) and The Red Door Restaurant and Wine Bar (San Diego)
If you haven't been to the Market St. Café, I recommend you try it out. And if you have, perhaps it's time for another visit to test their new menu. They are located in the Old California Restaurant Row on San Marcos Boulevard in San Marcos.
1080 W. San Marcos Blvd., #104
(760) 471-7646
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits
8 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • January 30 2010 01:53PM
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
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller when making decisions about buying and selling.
In December 2009 there were 102 homes sold in San Marcos' 2 zip codes (92069 and 92078). Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
102 (up 42%) |
71 (58%) |
31 (up 15%) |
|
Ave. $
|
$376,444 (up 6%) |
$449,470 (up 9%) |
$209,190 (down 19%) |
|
DOM
|
55 |
56 |
53 |
|
List $/Sale $
|
99% |
100% |
99% |
There was a significant increase in volume of homes that closed escrow in December. Average prices also went up for detached homes.
There were 167 homes on the market at the end of October with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, down 5% from 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 December 2009 the San Marcos real estate market had 320 homes for sale (52% are contingent), down 5% from November. This represents an inventory of 3.6 months for attached homes (down from 3.9 in November)) and 2.9 months for detached (a slight decline from 3.1 months at the end of November) based on the current rate of sales over the last 6 months.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In December we saw 87 homes come on the market, a significant increase of 43% over the number in November (following 5 months of declining inventory). The number of homes going pending in December (87) also increased, by 10% over the rate in November. Thus the San Marcos real estate market remains very competitive for buyers, but homes have been selling at a fairly good clip, too.
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).
READ MORE:
San Marcos Real Estate - San Marcos Real Estate Market Report for November 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for October 2009
San Marcos Real Estate Market Report for September 2009
San Marcos Real Estate Market Report for August 2009
San Marcos Real Estate Market Report for July 2009
San Marcos Real Estate Market Report for June 2009
San Marcos Real Estate Market Report for May 2009
********************************
If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2009 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
2 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • January 11 2010 11:30PM
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.
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller.
In November 2009 there were 72 homes sold in San Marcos' 2 zip codes (92069 and 92078), down 33% from the prior month. Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
72 (down 33%) |
45 (down 42%) |
27 (down 10%) |
|
Ave. $
|
$355,006 (down 6%) |
$412,615 (down 7%) |
$258,990 (up 21%) |
|
DOM
|
60 |
44 |
86 |
|
List $/Sale $
|
99% |
100% (91-110%) |
99% (90-109%) |
There were 175 homes on the market at the end of November with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, 4% more than in October. 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 2009 the San Marcos real estate market had 338 homes for sale (52% are contingent), just 3 less than last month. This represents an inventory of 3.9 months for attached homes (down from 4.1 in October)) and 3.1 months for detached (a slight increase from 3 months at the end of October) based on the current rate of sales over the last 6 months.
In November we saw 61 homes come on the market, a significant decrease of 42% from October (the 4th month of declines in new listings). The number of homes going pending rose slightly from October, from 78 to 79. Thus the San Marcos real estate market is not getting less competitive for buyer, and is a sellers market for the inventory priced under $400K which is a good portion of their housing market.
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).
READ MORE:
San Marcos Real Estate - San Marcos Real Estate Market Report for October 2009
San Marcos Real Estate Market Report for September 2009
San Marcos Real Estate Market Report for August 2009
San Marcos Real Estate Market Report for July 2009
San Marcos Real Estate Market Report for June 2009
San Marcos Real Estate Market Report for May 2009
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2009 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
1 comment • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • December 05 2009 12:06PM
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.
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller.
In October 2009 there were 107 homes sold in San Marcos' 2 zip codes (92069 and 92078), just 1 more than in September. Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
107 (no change) |
77 (up 8%) |
30 (down 14%) |
|
Ave. $
|
$378,022 (up 3%) |
$441,897 (no change) |
$214,076 (down 2%) |
|
DOM
|
58 |
50 |
79 |
|
List $/Sale $
|
98% (77-131%) |
100% (77-118%) |
94% (78-131%) |
There were 162 homes on the market at the end of October with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, down 12% from September. 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 2009 the San Marcos real estate market had 342 homes for sale (47% are contingent), a modest 3% more than the end of September. This represents an inventory of 4.1 months for attached homes (up from 3.9 in September)) and 3 months for detached (a slight decline from 3.1 months at the end of September) based on the current rate of sales over the last 6 months.
In October we saw 106 homes come on the market, a decrease of 7% from September (the 4th month of declines in new listings). However the number of homes going pending went up by 7% over September. Thus the San Marcos real estate market is not getting less competitive for buyers, and is a sellers market for the inventory priced under $400K which is a good portion of the housing market.
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).
READ MORE:
San Marcos Real Estate Market Report for September 2009
San Marcos Real Estate Market Report for August 2009
San Marcos Real Estate Market Report for July 2009
San Marcos Real Estate Market Report for June 2009
San Marcos Real Estate Market Report for May 2009
********************************
If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2009 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
3 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • November 20 2009 05:59PM
Buyers in the San Marcos real estate market are facing a market that is quite different than at the beginning of the year.
The inventory is down (only about 3 - 4 months worth for both detached and attached homes) and a lot of competition.
Those buyers seeking new home construction in San Marcos and who are looking for a village feel, with a short distance to a number of amenities including shopping should consider thenew homes at Marketwalk in the San Elijo Hills master planned community in San Marcos.
San Elijo Hills is an award winning master planned community built on the hills of south San Marcos and is designed as a resident-friendly community with a vision back to the villages of the past that were popular for their town centers and community activities.
READ MORE: San Elijo Hills - Award Winning Master Planned Community in San Marcos California
Take a VIDEO TOUR of the San Elijo Hills Town Center.
Marketwalk is a series of 12 townhomes in the heart of the San Elijo Hills downtown area, around the corner from the Albertsons' Grocery Store (with Savon Pharmacy). These homes with 4 floor plans (in Italian, Colonial or Loft styles and finishes), are built above the retail establishments on the first floor along the main street with views of the park to the west.
These new construction homes are built on 2 levels, with separate garage parking (2 spaces). The floor plans are:
Current prices range from $385,000 - $714,000; 3 units are now reserved.
HOA fees are $337 to $410/month depending on the plan. There are Mello Roos fees of $50/month.
The local community has two schools, a media center, auditorium, an 18-mile trail network, a 19 acre park (with ball field) with retail growing.
The new homes in Marketwalk in San Elijo Hills in San Marcos, CA offer a terrific opportunity for those buyers seeking an in-town home without a yard to care for in a planned community that continues to grow yet remains focused on its residents.
13 comments • Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 • November 20 2009 02:10AM
