Carlsbad Real Estate News and Views: What’s my San Marcos Home Worth? San Marcos Market Report March 2019

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What’s my San Marcos Home Worth? San Marcos Market Report March 2019

What’s the Value of my San Marcos Home?

San Marcos Home Sales Report for March 2019


San Elijo HIlls town centerThe San Marcos real estate market continues to shift. These data do not include private sales or manufactured housing; the data are derived from the MLS and are believed to be accurate at the time this report was published, but are not guaranteed.


Having details about up-to-date local market conditions benefits you as a buyer or seller so you can make informed decisions about buying and selling San Marcos homes for sale.



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


In March 2019 there were 112 homes sold in San Marcos’ 2 zip codes (92069 and 92078), a 33% increase from last month, the second increase since the beginning of the year. Here’s the breakdown of overall activity.


Detached Homes Sold
85 (up 44%), 38 Days on Market, Average Sales Price $771,878 (up 8%), Average sale 97% of original asking price

Attached Homes (condos, town homes) Sold
27 (up 8%), 30 Days on Market, Average Sales Price $470,962 (up 18%), Average sale 97% of original asking price


Overall sales volume in March increased substantially compared to last month, especially for detached single family home sales. Average sales prices rose for both detached and attached home sales. Average time on market shifted down modestly for attached properties but remained the same for detached single family homes.


13% of the transactions were for cash, compared to 27% last month. While buyers negotiated sales prices on average by 3% (off original price), 29% of San Marcos home buyers paid full price or more! The median sales price of detached homes was $715,000 (up 8%) and $480,000 (up 17%) for attached homes/condos/town homes.


There were 6 San Marcos homes for sale at the end of March with a Contingent status, compared to 3 last month. All 6 are first right of refusals based on contingent offers accepted by sellers. These homes are included in the overall Active statistics.


The San Marcos real estate market inventory decreased by 3% from February to 164 listings, in contrast to some other communities that saw increases. This represents an inventory of 2.1 months for attached homes (the same as last month) and 1.6 months for detached single family homes (down from 2.5 months last month) based on the current rate of sales over the last 3 months. The San Marcos real estate market remains a very strong seller’s market, especially for detached homes, given buyer demand and current supply.


Coronado Ranch homes in San Marco 


In March 2019 we saw 131 homes come on the market, substantially more than the number of new listings in February (up 22%). Similarly the number of homes going pending in March also increased, by 15%, to102 pendings (excluding homes that sold last month).


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 month of so and closed in March. I can provide more details regarding current activity, within the specific zip codes of San Marcos (92078 and 92069), or on certain neighborhoods of interest including San Elijo Hills, Twin Oaks, Lake San Marcos, or Santa Fe Hills.


Please call me at (760) 840-1360 so we can discuss your specific housing needs and budget, and any questions you have so we can make a plan to get you into a new home in San Marcos when the timing is right for you.


And if you are considering selling your home in San Marcos, let’s get together so we can review the current market conditions, do a market and equity analysis, then discuss a strategy to make your sale happen quickly and for top dollar.





What’s My San Marcos Home Worth? San Marcos Real Estate Market Report February 2019


My Jeff Dowler signature





Click to Search for All San Diego Homes

At Home In Carlsbad blog


365 Things to Do in Carlsbad (and Nearby) on Facebook   

  Jeff Dowler's Facebook Profile   Jeff Dowler's YouTube Profile    Jeff Dowler's Twitter Profile   Jeff Dowler's LinkedIn Profile


      CRS Designation Logo




If I can provide more information about homes for sale in Carlsbad and in surrounding areas, local housing market conditions, or assist you, friends or family in a purchase or sale, please call or text me at (760) 840-1360, or email me at




Serving Carlsbad (including Aviara, La Costa & Carlsbad Village),  Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Escondido, and  Greater San Diego

All content ©Copyright 2020 by Jeff Dowler. All rights reserved.

eXp Realty of California (CA DRE lic #01490977)

Comment balloon 4 commentsJeff Dowler, CRS • April 15 2019 02:16PM


Good morning Jeff - another strong report for San Marcos.  Nice inland community.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 10 months ago

Always good to be in the know. Thank you for sharing this with us!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) 10 months ago

San Marcos is definitely a strong market. It still has the allure of beach property but is far enough inland to enjoy more moderate pricing yet still enjoy the cooler temps than the inland areas of CA. 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) 10 months ago

Jeff, the San Marcos market is definitely strong and your market report shows why. Buyers need to be prepared to act quickly, particularly when looking for a detached home. As always your market reports are detailed yet very easy to understand. Great job!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) 10 months ago