Here’s the San Marcos Market Report for June. And here is the Market Report for May as a comparison.
The San Marcos real estate market continues to evolve. This Market Report does not include private sales, mobile homes or multi-family housing. The data were found in the MLS and are believed accurate at the time this report was created but are not guaranteed.
Buyers and sellers need current information about local housing market conditions so they can make educated buying and/or selling decisions
63 homes sold in June in San Marcos, fewer than last month.
SAN MARCOS MARKET REPORT DETAILS
Single Family Homes Sold – 49 (no change). 20 Average Days on Market. The Average Sales Price was $1,336,599 (up 12%). Average sale price was 98% of the original asking price.
Condos, Townhomes and Duplexes Sold – 14 (down 44%). 31 Average Days on Market. The Average Sales Price was $673,135 (up 2%). Average sale price was 97% of the original asking price.
The overall sales volume in June dropped from May. The same number of single family homes sold, while condo, townhome and duplex sales decreased by 44%. The average sales price was higher by 12% for single family homes. Similarly, the average price was 2% higher for condos, townhomes, and duplexes. Sales prices in June ranged from $535,000 to $2,950,000.
The same number of single family homes sold in 2025 as in 2024. There were 10 fewer condo, townhome and duplex sales in June 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). On the other hand, the average sales price was 3% higher in June 2025 for condos, townhomes and duplexes while the median price shifted down by 2%.
The average time on the market in June was 2 days shorter for single family homes, and about 1 week shorter for condos, townhomes and duplexes compared to May. 25% of the homes were pending within 7 days or less, fewer than last month.
The majority of the home buyers negotiated their sales prices, while 27% paid asking price or more. The median sales price for single family homes was $1,225,000 (up 9% from May). The median of $687,500 was 7% higher for condos, townhomes and duplexes.
The San Marcos housing inventory increased by 20%, with 200 homes for sale at the end of the month, and good news for buyers. List prices range from $330,000 to $3,590,000. There is a supply of 3.4 months for condos, townhomes and duplexes (up from 2.6 months last month). There is a supply of 2.7 months for single family homes (up from 2.4 months last month). These statistics are based on the rate of sales over the last 3 months.
San Marcos continues to be 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.
109 new listings came on the market in June, 9% fewer than last month. On the other hand, the number of homes going pending increased by 4 to 59, excluding homes that closed escrow in June.
This overview of the San Marcos housing market is based on data found in the MLS. I would be happy to share more specific information for neighborhoods that interest you including 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 can develop a strategy to buy your new San Marcos home if that’s your goal.
Are you considering selling your San Marcos home? Let’s talk about current market conditions that might affect your home sale and review a customized market and equity analysis for your property. Then 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 are interested in learning more about your home’s value in today’s market, let’s talk. Please feel free to reach out directly or by text at (760) 840-1360.