What's the Value of my San Marcos Home?
San Marcos Home Sales for April 2025
The San Marcos real estate market continues to shift. This report does not include any private sales, mobile homes or multi-family housing. The data are from the MLS and are believed to be accurate at the time this report was created but are not guaranteed.
It’s essential that buyers and sellers have current information about local housing market conditions so they can make educated buying and/or selling decisions about San Marcos Homes for Sale.
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68 homes sold in April in San Marcos’s 2 zip codes (92069 and 92078), a 24% increase in sales from March. Here are the details:
Single Family Homes Sold
47 (up 31%); 16 Average Days on Market; The Average Sales Price was $1,317,340 (down 1%); Average sale price was 99% of original asking price.
Condos, Townhomes and Duplexes Sold
21 (up by 2); 22 Average Days on Market; The Average Sales Price was $689,761 (up 8%); Average sale price was 99% of original asking price.
The overall sales volume in April rose substantially from last month. There were more single family homes sold, while condo, townhome and duplex sales increased by 2. The average sales price was down by 1% for single family homes, while the average price was higher for condos, townhomes, and duplexes. Sales prices in April ranged from $385,000 to $3,705,000.
3 more single family homes sold in 2025 than 1 year ago, while there were 6 more condo, townhome and duplex sales in 2025. The average sales price for single family homes in 2025 was 8% higher than 1 year ago (while the median was 19% higher than in 2024). Similarly, the average sales price was 7% higher in April 2025 for condos, townhomes and duplexes while the median price shifted upwards by 2%.
The average time on the market in April was 5 days shorter for single family homes, and half as long for condos, townhomes and duplexes compared to March. 41% of the homes went pending in 1 week or less, down modestly from last month (47%).
While a little over half of the home buyers negotiated their sales prices, 49% paid asking price or more. The median sales price of the single family homes was $1,333,500 (up 14% from March), and was 12% higher for condos, townhomes and duplexes at $736,000.
There were 7 San Marcos home for sale at the end of April with an Active Under Contract status, compared to 4 last month. These homes are included in the overall Active statistics below.
The San Marcos housing inventory improved again, by 6%, with 136 homes for sale at the end of the month which was good news for buyers. List prices range from $349,999 to $3,900,000. There is a supply of 2.5 months for condos, townhomes and duplexes (down from 3.1 months last month), and 2.5 months for single family homes (the same as last month), based on the rate of sales over the last 3 months.
San Marcos remains a strong seller’s market based on supply and demand for single family homes as well as condo, townhomes and duplexes.
93 new listings came on the market in April, 2 fewer than last month. The number of homes going pending rose by 1 to 56, excluding homes that closed escrow in April.
This overview of the San Marcos housing market is based on data found in the MLS. I’m happy to share more specific information for neighborhoods that are of interest to you such as San Elijo Hills, Lake San Marcos, and Santa Fe Hills.
Please reach out to me directly or by text at (760) 840-1360 to discuss your particular housing needs, timing, lifestyle, budget, and any 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 the current market conditions that can impact your home sale and review a customized market and equity analysis. Then we can develop a plan to sell your home for the best price, terms and conditions when the time is right for you.
If you would like to know more about your home’s value in today’s market, let’s have a chat. Please feel free to reach out to me directly or via text at (760) 840-1360.
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