San Marcos, CA Real Estate News

By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the summary market statistics from the MLS for January and February 2007 for San Marcos.It's important to note that firm conclusions about San Marcos real estate should not be drawn from these data, since we are looking at a limited sample of homes for sale (31 days in January, and 59 days at the end of February). The inventory in San Marcos is essentially the same for both January and February, which represents a drop of 37% from the peak inventory we saw in August 2006.We are still seeing some shifts in the median price from month to month, likely due to correction that is still going on as well as the changes in the inventory of homes for sale. The prices have dropped a bit for attached homes from the level we saw a year ago, but the median has remained pretty much the same ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the end of the year statistics from the MLS for the month of December.I provide these every month to my past, current and prospective clients, because I believe strongly that an educated consumer is in the best postiion to make a wise purchase and/or sale in this market.The inventory in San Marcos dropped 13% from the end of November, although this is likely due, at least in part, to the holiday season. Any changes in the period after the holidays will give us a good indication of what the spring market might offer. As you can see, prices are remaining fairly stable as compared to the previous month as well as a year ago, with just a small change in the median price for detached homes.Despite the change in the inventory, there is much for buyers to see and choose from. This rem...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the market statistics from the MLS  for October and November 2006 for San Marcos. As in other North County communities the inventory dropped a bit from October to November. In San Marcos the absorption rate also dropped. There was a small drop off in median price in November for both attached and detached homes. Prices are fairly similar to those of 1 year ago.Being aware of trends is helpful, but be careful to not draw any firm conclusions based on a given month, as data change from month to month.If I can provide further market information or answer any questions, please let me know. Data are available from a number of other North County communities.AS OF OCT. 31, 2006ATTACHED HOMESDETACHED HOMESActive206471Sold in Last 6 Months146311Sold/Pending In Last 6 months178406Absorpt...
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By Paul Stokes
(Independence Realty)
Dec. 1 -- Inventory for CONDOS / TOWNHOMES in San Elijo Hills is down (2) this week with 32 available. The "Average Active Listing" has 3 bedrooms, 2.5 baths, 1,438 sq.ft. -- and is listed at $470,920 (up) with a market time of 64 days (down). 3 homes are currently "Pending."Dec. 1 -- Inventory for DETACHED HOMES in San Elijo Hills is down (5) this week with 74 available. The "Average Active Listing" has 4 bedrooms, 3 baths, 2,870 sq.ft. -- and is listed at $765,363 (down) with a market time of 77 days (down). 18 homes are currently "Pending."2006 YTD SUMMARY: CONDOS / TOWNHOMES -- The "Average Sold Listing" - had 3 bdrms., 2.5 bthrms, 1,439 sq.ft. -- with a sale price of $453,857 and a market time of 75 days.2006 YTD SUMMARY: DETACHED HOMES -- The "Average Sold Listing" - had 4 bdrms.,...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the MLS statistics I compiled for the month of September for the San Marcos, CA real estate market. (I track monthly data for all the coastal communities I service in San Diego County). A couple of points: The ventory dropped from August for both attached and detached homes The number of homes sold in the last 6 months also dropped as compared to the end of August The absorption rate for detached homes rose as compared to the end of August (from 7.5 months to 8) The median price for both attached and detached homes dropped slightly (about $2K) for both   AS OF SEPT. 30, 2006 ATTACHED HOMES DETACHED HOMES Active 216 542 Sold in Last 6 Months 152 330 Sold/Pending In Last 6 months 185 403 Absorption Rate (Solds) 256 days 296 days Absorption Rate (Solds Plus Pendings) 210 days 242 ...
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