San Marcos California Real Estate Snapshot (March-2014)

San Marcos California Real Estate Snapshot  (March-2014)

Greetings,
Jobless claims came in lower last week, which is a good indicator that the economy is getting stronger and the real estate market will come back to life at a faster pace. The key metrics below will provide some insight into the San Marcos Homes for Sale and San Marcos condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:                        

San Marcos Single Family Homes

• March, 2014: San Marcos Homes for Sale: 215 (Active, contingent, and pending)
• March, 2014: San Marcos Months of Inventory: 3.2
• February, 2014: San Marcos Median Home Price $505,000; 13% higher than February, 2013
• February, 2014: San Marcos Homes Sold: 41; 16% lower than February, 2013

San Marcos Condos and Townhomes

• March, 2014: San Marcos Condos for Sale: 74 (Active, contingent, and pending)
• March, 2014: San Marcos Months of Inventory (Condos): 2.7
• February, 2014: San Marcos Median Condo Price: $362,000; 16% higher than February, 2013
• February, 2014: San Marcos Condos Sold: 21; 48% lower than February, 2013

Be sure to check out the this snapshot is a quick summary from The North county San Marcos Real Estate Report, a free 23 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issue and subscribe to the San Marcos North County Real Estate Report and the 2-4 Unit Statistical Review any time

Thank you!

Stephen MacLeod
San Marcos Realtor®
Highland Realty