What’s the Value of My San Marcos Home?
San Marcos Market Report February 2026
The San Marcos real estate market continues to shift each month. This report does not include private sales, mobile homes or multi-family housing. The data were found in the MLS and believed accurate at the time this report was created but are not guaranteed.
It’s critical 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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64 homes sold in February in San Marcos’s 2 zip codes (92069 and 92078), more than double the number of sales for last month (29). Here are the details:
Single Family Homes Sold
39 (up 129%); 28 Average Days on Market; The Average Sales Price was $1,249,458 (up 6%); Average sale price was 98% of the original asking price.
Condos, Townhomes and Duplexes Sold
25 (up 108%); 33 Average Days on Market; The Average Sales Price was $730,836 (up 13%); Average sale price was 99% of the original asking price.
The overall sales volume in February rose significantly from last month. There were far more single family homes sold, and condo, townhome and duplex sales also increased substantially. The average sales price was up for single family homes, as it also was for condos, townhomes, and duplexes. Sales prices in February ranged from $372,000 to $2,915,000.
39 single family homes sold in February 2026 compared to 26 in 2025, while there were 7 more condo, townhome and duplex sales in February of 2026 than in 2025. The average sales price for single family homes in 2026 was 6% higher than 1 year ago (while the median was just slightly higher by 1% than in 2025). Similarly, the average sales price was 15% higher in February 2026 for condos, townhomes and duplexes while the median price was 15% higher than in 2025.
The average time on the market in February was shorter for single family homes, as well as for condos, townhomes and duplexes compared to January. 44% of the homes went pending within 1 week or less, substantially more than last month.
While the majority of the home buyers were able to negotiate their sales prices, 44% paid asking price or more, also more than last month. The median sales price of the single family homes was $1,147,900 (up 12% from January), and was 11% higher for condos, townhomes and duplexes at $724,000.
There were 12 San Marcos homes for sale at the end of February with an Active Under Contract status, compared to 7 last month. These homes are included in the overall Active statistics below.
The San Marcos housing inventory improved by 7% from January, with 133 homes for sale at the end of the month. List prices range from $309,999 to $3,150,000. There is a supply of 2.9 months for condos, townhomes and duplexes (up from 2.8 months last month), and 2.3 months for single family homes (up from 2 months last month), based on the rate of sales over the last 3 months.
San Marcos is a strong seller’s market based on supply and demand for single family homes, and is a strong seller’s market for buyers of condos, townhomes and duplexes.
78 new listings came on the market in February, down from 97 last month. The number of homes going pending remained steady at 51 excluding homes that closed escrow in February.
This overview of the San Marcos housing market is based on information found in the MLS. I’m happy to share more details for neighborhoods of interest to you such as San Elijo Hills, Lake San Marcos, and Santa Fe Hills.
Please contact me directly or via text at (760) 840-1360 to discuss your particular housing needs, timing, lifestyle, budget, and questions. Then we can develop 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 can affect your home sale and review a customized market and equity analysis. Then we can work together and develop a strategy to sell your home for the best price, terms and conditions when the timing is right for you.
If you would like to know more about your home’s value in today’s market, let’s talk. Please reach out to me directly or by text at (760) 840-1360.
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READ MORE:
What’s My San Marcos Home Worth? San Marcos Real Estate Market Report January 2026
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