The median list price in San Marcos, California this week is $540,000. The Market Action Index has been trending down lately which means prices are continuing to fall and the market is continuing to be a strong Buyers Market. Average days on the market have increased this week to 143.
This market in San Marcos has been consistently cool for a few weeks. Demand level is low relative to the new inventory which continues to come on the market. It’s a Buyers Market, and prices are continuing to fall. The market action must undergo a big change before prices plateau and begin to rise again. However, it’s a great time to buy in San Marcos.