What's the Value of my San Marcos Home?
San Marcos Home Sales for May 2025
The San Marcos real estate market continues to change. 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 important that buyers and sellers have up-to-date information about local housing market conditions in order to make informed buying and/or selling decisions about San Marcos Homes for Sale.
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74 homes sold in May in San Marcos’s 2 zip codes (92069 and 92078), a 9% increase in sales from April. Here are the details:
Single Family Homes Sold
49 (up by 2); 22 Average Days on Market; The Average Sales Price was $1,191,842 (down 10%); Average sale price was 98% of original asking price.
Condos, Townhomes and Duplexes Sold
25 (up by 4); 38 Average Days on Market; The Average Sales Price was $658,460 (down 5%); Average sale price was 97% of original asking price.
The overall sales volume in May rose from last month. There were 2 more single family homes sold, while condo, townhome and duplex sales increased by 4. The average sales price was down by 10% for single family homes, while the average price was 5% lower for condos, townhomes, and duplexes. Sales prices in May ranged from $355,000 to $2,600,000.
8 fewer 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 12% lower than 1 year ago (while the median was 9% lower than in 2024). Similarly, the average sales price was 3% lower in May 2025 for condos, townhomes and duplexes while the median price shifted down by 12%.
The average time on the market in May was 6 days longer for single family homes, and about 2 weeks longer for condos, townhomes and duplexes compared to April. 34% of the homes went pending in 7 days or less, fewer than last month.
Over half of the home buyers were able to negotiate their sales prices, while 44% paid asking price or higher. The median sales price of the single family homes was $1,125,000 (down 16% from April), and was 12% lower for condos, townhomes and duplexes at $645,000.
There were 7 San Marcos home for sale at the end of May with an Active Under Contract status, the same as last month. These homes are included in the overall Active statistics below.
The San Marcos housing inventory improved by 22%, with 166 homes for sale at the end of the month, more good news for buyers. List prices range from $459,900 to $3,590,000.
There is a supply of 2.6 months for condos, townhomes and duplexes (up from 2.5 months last month), and 2.4 months for single family homes (down from 2.5 months 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.
120 new listings came on the market in May, 29% more than last month. The number of homes going pending declined by 1 to 55, excluding homes that closed escrow in May.
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 personal housing needs, timing, lifestyle, budget, and questions. Then we can create a plan 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 may affect your home sale and review a customized market and equity analysis. Then together we can develop a strategy 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 talk. Please contact me directly or by text at (760) 840-1360.
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