Single-Family Homes
Wed Jan 22 2025
This week the median list price for San Marcos, CA is $1,299,500 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has decreased to 42.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,299,500 | |
Median Price of New Listings | $797,500 | |
Per Square Foot | $584 | |
Average Days on Market | 102 | |
Median Days on Market | 74 | |
Price Decreased | 40% | |
Price Increased | 5% | |
Relisted | 21% | |
Inventory | 42 | |
Median Rent | ||
Market Action | 49 | |
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.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,177,372 | 3,316 | 0.5 - 1 acre | 5 | 3.5 | 27 | 0 | 1 | 77 |
$1,537,450 | 2,351 | 8,000 - 10,000 sqft | 3 | 2.5 | 23 | 0 | 0 | 24 |
$1,050,000 | 2,278 | 8,000 - 10,000 sqft | 3 | 2.5 | 30 | 2 | 0 | 49 |
$815,000 | 1,404 | 6,500 - 8,000 sqft | 3 | 2 | 45 | 6 | 1 | 98 |