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The San Marcos real estate market continues to evolve, especially with the large number of distress sales. These data do not include any private sales nor manufactured housing; the numbers are derived from the MLS and are believed to be accurate but are not guaranteed.
READ MORE: San Marcos - A Thriving Inland Residential Community
San Elijo Hills - Award-Winning Master Planned Community in San Marcos
Media reports speak in general terms, rather than local, so that information may not represent the reality of our local San Marcos real estate market. Having data from a knowledgeable agent about the local market conditions benefits you as the buyer or seller when making decisions about buying and selling.
In January 2010 there were 61 homes sold in San Marcos' 2 zip codes (92069 and 92078). Here's the breakdown of overall activity.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# Sold
|
61 (up 40%) |
58 (down 42%) |
20 (down 35%) |
|
Ave. $
|
$353,613 (down 6%) |
$430,288 (down 4%) |
$196,429 (down 6%) |
|
DOM
|
60 |
62 |
54 |
|
List $/Sale $
|
101% |
99% |
104% |
There were 178 homes on the market at the end of January with a Contingent status, i.e., homes with offers awaiting approval from the short sale and REO lenders, up 7% from last month. These homes are included in the overall Active stats since they are still considered active until the approvals are obtained.
At the end of January 2010 the San Marcos real estate market had 340 homes for sale (52% are contingent), 6% more than in December. This represents an inventory of 3.7 months for attached homes (up from 3.6 in December)) and 3.4 months for detached (a decline from 2.9 months at the end of December) based on the current rate of sales over the last 6 months.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
In January we saw 95 homes come on the market, an increase of 9% over the number in December. The number of homes going pending in January (69) declined by 21% over the rate in December. Thus the San Marcos real estate market remains very competitive for buyers, but homes have been selling at a fairly good clip, too.
This overview of the San Marcos real estate market is based on information provided by the MLS for homes that went under contract in the last couple of months and closed in December. More details can be provided if needed with regard to current activity as well as within the specific zip codes of San Marcos (92078 and 92069).
READ MORE:
San Marcos Real Estate - San Marcos Real Estate Market Report for December 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for November 2009
San Marcos Real Estate - San Marcos Real Estate Market Report for October 2009
San Marcos Real Estate Market Report for September 2009
San Marcos Real Estate Market Report for August 2009
San Marcos Real Estate Market Report for July 2009
San Marcos Real Estate Market Report for June 2009
San Marcos Real Estate Market Report for May 2009
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
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Real Estate Sales Data for San Marcos, California
Month of January 2010
For Zip Code 92078

|
Zip Code 92078 |
Detached Homes |
Active New Listings. |
Pending Sales |
Sold |
|
|
|
|
|
19 |
|
|
Attached Homes |
|
|
16 |
|
|
|
|
|
|
|
Total |
|
|
|
35 |
|
|
|
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Real Estate Sales Data for San Marcos, California
Month of January 2010
For Zip Code 92069
|
Zip Code 92069 |
Detached Homes |
Active New Listings |
Pending Sales |
Sold |
|
|
|
|
|
22 |
|
|
Attached Homes |
|
|
9 |
|
|
|
|
|
|
|
Total |
|
|
|
31 |
Get current real estate information on the San Marcos community contact: Crescent Moon Realty, Inc or Land N Sea Auctions. 1-888-882-1198 Ext 111.
Sold ****** 66 *******
92078 Attached and Detached homes --35
92069 Attached and Detached homes --31
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You might not think these flowers are so special, since Southern California has flowers all year round.
These daffodils were blooming outside one of the homes I toured today with my clients (who, by the way, put in an offer).
While it is not ususual to see flowers, daffodils are not common except in the cooler areas of California (e,g., the mountain communities further inland). These reminded me of my East coast roots, and in particular the vast quantities of daffodils we would see in early Spring on Cape Cod, MA. Indeed, they even had a Daffodil festival to celebrate the tens of thousands of blooms with a big fair and all sort of fun activites. It is a nice memory and I particualr enjoyed seeing these flowers today.
Guess there aren't too many flowers showing back East right now. But that time will come soon.
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If I can provide more information about San Marcos real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
All content copyright © 2010 Jeff Dowler "The California Relocation Dude" Carlsbad Homes and Real Estate Tidbits
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Latest Real Estate Market Data for San Marcos, California

Every time you turn on the news or read the newspaper, you hear some sort of report about the real estate market. In most cases, however, the report is about the national real estate market and not the specific statistics for the city where you live.
Buyers, sellers, and homeowners in San Marcos, California should be familiar with the current real estate market statistics for your city. So, here's the latest information for you:
|
Detached Homes |
Total Sold |
Days on Market |
Average Sold Price |
|
January 2010 |
41 |
63 |
$430,289 |
|
December 2009 |
68 |
58 |
$451,690 |
|
Attached Homes |
Total Sold |
Days on Market |
Average Sold Price |
|
January 2010 |
20 |
55 |
$196,430 |
|
December 2009 |
31 |
54 |
$209,190 |
Total sales declined in January in San Marcos, and there was a decrease in property values in January. It would be difficult to speculate as to the reason for the decline. Historically, the holidays have impacted the home sales in subsequent months, and perhaps that was the case in this situation.
Two specific factors to consider:
How does this data help if you are a home buyer? Prospective buyers can use this data to help determine whether buying a home in San Marcos is within their price range, once they have been pre-qualified by a mortgage lender.
Click Here to Learn Home Buying Tips for San Marcos Home Buyers
How does this data help if you are a home seller? This information is critical to home sellers in San Marcos. Over the past few years, property values have declined and many sellers may need to make tough decisions about whether to sell, and whether a short sale in San Marcos might be a consideration.
Click Here to Learn More About Selling a Home in San Marcos
This summary of the market data is based upon a review of data provided by Sandicor and the Multiple Listing Service of San Diego County. If you have any questions about the data or would like to receive full report of the information provided, feel free to contact me.
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MarketWalk is ideally located in the San Elijo Hills community, it uniqueness is that it located in the heart of the community adjacent to Towncenter. You are only a stones throw away from grocery shopping, a cleaner, a quaint deli, and other special amenities. Then if you want a change of pace you can head for the beach or down town San Diego.
Only 5 locations are left, pricing is in the high $300,000. Offering: Up to four bedrooms.
Home sizes range from 1200 to 2700 SF
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Two car garages with additional storage.

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