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Market Data for SEPTEMBER 2006 - San Marcos, CA

Here are the MLS statistics I compiled for the month of September for San Marcos, CA. (I track monthly data for all the coastal communities I service in San Diego County). A couple of points:

  • The ventory dropped from August for both attached and detached homes
  • The number o homes sold in the last 6 months also dropped as compared to the end of August
  • The absorption rate for detached homes rose as compared to the end of August (from 7.5 months to 8)
  • The median price for both attached and detached homes dropped slightly (about $2K) for both

AS OF SEPT. 30, 2006

ATTACHED HOMES

DETACHED HOMES

Active

216

542

Sold in Last 6 Months

152

330

Sold/Pending

In Last 6 months

185

403

Absorption Rate (Solds)

256 days

296 days

Absorption Rate (Solds

Plus Pendings)

210 days

242 days

Average Days on Market

72

61

Median Price Change

From 1 Year Ago

0%

0%

Median Price

$392,000

$590,000

Average Price

$380,951

$642,738

New to Market (Sept.)

48

113

Pending in Sept.

3

18

Posted Friday Oct 27

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