Here is the San Marcos Market Report for April. And here is the Market Report for March as a comparison.
The San Marcos real estate market continues to shift. This report does not include any private sales, mobile homes or multi-family housing. The data are from the MLS and are believed to be accurate when this report was created but are not guaranteed.
Buyers and sellers need current information about local market conditions to assist them in making educated buying and/or selling decisions.
68 homes sold in April in San Marcos, a 24% increase in sales from March.
SAN MARCOS MARKET REPORT DETAILS
Single Family Homes Sold – 47 (up 31%). 16 Average Days on Market. The Average Sales Price was $1,317,340 (down 1%). Average sale price was 99% of the original asking price.
Condos, Townhomes and Duplexes Sold – 21 (up by 2). 22 Average Days on Market. The Average Sales Price was $689,761 (up 8%). Average sale price was 99% of the original asking price.
The overall sales volume in April increased substantially from last month. There were more single family homes sold, and condo, townhome and duplex sales rose by 2. Average sales price was down by 1% for single family homes. The average price for condos, townhomes, and duplexes was also higher. April sales prices ranged from $385,000 to $3,705,000.
3 more single family homes sold in 2025 than 1 year ago. Similarly, there were 6 more condo, townhome and duplex sales in 2025. Average sales price for single family homes in 2025 was 8% higher than 1 year ago (while the median was 19% higher than in 2024). The average sales price was 7% higher in April 2025 for condos, townhomes and duplexes and the median sales price shifted up by 2%.
The average time on the market in April was 5 days shorter for single family homes. Marketing time was half as long for condos, townhomes and duplexes (22 days) compared to March (44 days). 41% of the homes went pending in 7 days or less.
While a little over half of the home buyers negotiated their sales prices, 49% paid asking price or more. The median sales price of the single family homes was $1,333,500 (up 14% from March). The median of $736,000 was 12% higher for condos, townhomes and duplexes.
San Marcos housing inventory rose by 6%, another increase, with 136 homes for sale at the end of the month. List prices range from $349,999 to $3,900,000. There is a supply of 2.5 months for condos, townhomes and duplexes (down from 3.1 months last month). There is a supply of 2.5 months for single family homes (like last month), based on the rate of sales over the last 3 months.
San Marcos continues to be a strong seller’s market for single family homes, as well as condo, townhomes and duplexes, based on supply and demand.
93 new listings came on the market in April, 2 fewer than last month. The number of homes going pending rose by 1 to 56, excluding homes that closed escrow in April.
This overview of the San Marcos housing market is based on data in the MLS. I’m happy to share more details for neighborhoods of interest such as Lake San Marcos, San Elijo Hills, and Santa Fe Hills.
Please reach out to me directly or by text at (760) 840-1360 to discuss your particular housing needs, timing, lifestyle, budget, and questions. Working together we can create a plan to buy your new San Marcos home if that’s your goal.
Are you considering selling your San Marcos home? Let’s talk about the current market conditions that will impact your home sale. We can also discuss a customized market and equity analysis. Then we can develop a strategy to sell your home for the best price, terms and conditions.
Would you like to know more about your home’s value in today’s market? Please feel free to reach out to me directly or via text at (760) 840-1360 so we can have a discussion.