Here’s the July Market Report for San Marcos. And here is the Market Report for June as a comparison.
The San Marcos real estate market continues to change. This Market Report does not include private sales, mobile homes or multi-family housing. The data were found in the MLS and are believed to be accurate at the time this report was created but are not guaranteed.
Buyers and sellers should have up-to-date information about local housing market conditions so they can make educated buying and/or selling decisions.
81 homes sold in July in San Marcos, a 29% increase in sales from June.
SAN MARCOS MARKET REPORT DETAILS
Single Family Homes Sold – 63 (up 29%). 22 Average Days on Market. The Average Sales Price was $1,243,708 (down 7%). Average sale price was 99% of the original asking price.
Condos, Townhomes and Duplexes Sold – 18 (up by 4). 27 Average Days on Market. The Average Sales Price was $706,062 (up 5%). Average sale price was 98% of original asking price.
The overall sales volume in July rose substantially from last month. Significantly more single family homes were sold, with condo, townhome and duplex sales increasing by 4. The average sales price was lower by 7% for single family homes, while the average price for condos, townhomes, and duplexes was 5% higher. July sales prices ranged from $366,825 to $2,175,000.
There were 14 more single family homes sold in 2025 than in 2024. In contrast, there were 3 fewer condo, townhome and duplex sales in July of 2025. The average sales price for single family homes in 2025 was 1% lower than 1 year ago (while the median was 3% lower than in 2024). Similarly, the average sales price was 7% lower in July 2025 for condos, townhomes and duplexes while the median price shifted down 4%.
The average time on the market in July was 2 days shorter for single family homes, and 4 days shorter for condos, townhomes and duplexes compared to June. 30% of the homes went pending within 1 week or less.
Most of the home buyers negotiated their sales prices. However, 41% paid asking price or more. The median sales price of single family homes was $1,165,000, down 5% from June. On the other hand, the median price was 5% higher for condos, townhomes and duplexes at $720,000.
The San Marcos housing inventory decreased by 12%, with 176 homes for sale at the end of the month. List prices ranged from $195,000 to $4,199,990. There is a supply of 3 months for condos, townhomes and duplexes (down 3.4 months last month). There is a supply of 2.2 months for single family homes (down from 2.7 months last month). These are based on the rate of sales over the last 3 months.
As a result, San Marcos remains a strong seller’s market based on supply and demand for single family homes, and is a seller’s market for condos, townhomes and duplexes.
79 new listings came on the market in July, down 28% from June. On the other hand the number of homes going pending increased by 10 to 69, excluding homes that closed escrow in July.
This summary of the San Marcos housing market is based on data taken from the MLS. I’m happy to share more detailed information for neighborhoods of interest such as San Elijo Hills, Lake San Marcos, and Santa Fe Hills.
Please contact me directly or by text at (760) 840-1360 so we can discuss your particular housing needs, timing, lifestyle, budget, and questions. Then we’ll create a plan to buy your new San Marcos home if that’s your goal.
Are you thinking about selling your San Marcos home? Let’s talk about the current market conditions that can affect your home sale. I’ll also provide a customized market and equity analysis for your home. Then, working together, we can develop a strategy to sell your home for the best price, terms and conditions when the timing is right for you. If you would like to know more about your home’s value in today’s market, let’s talk. Please reach out directly or by text at (760) 840-1360.