Fidelity National Title Real Estate Market Report
San Marcos, CA
Single-Family Homes
619-725-2100 | 7565 Mission Valley Rd, Ste 100, San Diego, CA 92108
San Marcos, CA
Tue Jan 28 2025
This week the median list price for San Marcos, CA is $1,275,000 with the market action index hovering around 47. This is less than last month's market action index of 51. Inventory has increased to 47.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $1,275,000 | |
| Median Price of New Listings | $1,099,888 | |
| Per Square Foot | $582 | |
| Average Days on Market | 97 | |
| Median Days on Market | 56 | |
| Price Decreased | 38% | |
| Price Increased | 4% | |
| Relisted | 26% | |
| Inventory | 47 | |
| Median Rent | ||
| Market Action | 47 | |
| Strong Seller's Market | ||
Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,249,000 | 3,346 | 0.5 - 1 acre | 5 | 3.5 | 24 | 1 | 1 | 91 |
| $1,499,450 | 2,399 | 6,500 - 8,000 sqft | 4 | 2.5 | 25 | 3 | 2 | 28 |
| $999,749 | 1,681 | 4,500 - 6,500 sqft | 3 | 2 | 30 | 3 | 1 | 84 |
| $804,500 | 1,390 | 0.25 - 0.5 acre | 3 | 2 | 49 | 4 | 2 | 70 |