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