San Marcos - Week of May 10th, 2015
Single Family Homes
This WeekThe median list price in SAN MARCOS, CA this week is $641,500. The 172 properties have been on the market for an average of 70 days.The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market. Supply and DemandThe market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller's Market zone and prices have been moving upward as evidence. |  |
Median Price
The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.
Inventory of Properties Listed for Sale
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
Want this information for any city in Southern California? Subscribe for a free weekly report!
Select your area below:
Data Provided by and Copyright Altos Research LLC
