Real Estate Market Report
San Marcos, CA 92078
Single-Family Homes
San Marcos, CA 92078
Sat Sep 30 2023
This week the median list price for San Marcos, CA 92078 is $1,295,000 with the market action index hovering around 71. This is an increase over last month's market action index of 69. Inventory has increased to 23.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Real-Time Market Profile
| Median List Price | $1,295,000 | |
| Median Price of New Listings | $1,249,000 | |
| Per Square Foot | $550 | |
| Average Days on Market | 24 | |
| Median Days on Market | 14 | |
| Price Decreased | 17% | |
| Price Increased | 0% | |
| Relisted | 9% | |
| Inventory | 23 | |
| Median Rent | ||
| Market Action | 71 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code settled at a plateau. This week prices bumped down a bit but not significantly enough to change the overall outlook. Look for a persistent change (up or down) in the Market Action Index before we see prices significantly deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,775,000 | 3,915 | 0.25 - 0.5 acre | 4 | 4 | 19 | 0 | 0 | 49 |
| $1,424,500 | 2,846 | 6,500 - 8,000 sqft | 4 | 2.8 | 20 | 3 | 0 | 17 |
| $1,184,000 | 1,717 | 6,500 - 8,000 sqft | 3 | 2.5 | 36 | 4 | 2 | 3 |
| $807,450 | 1,480 | 4,500 - 6,500 sqft | 3 | 2.5 | 30 | 2 | 2 | 7 |