5 new real estate properties in San Marcos, California have been added to Ofirio in the last 7 days.
Of those new properties:
San Marcos, California has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 2% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 1%. Homes in San Marcos, California are on the market for 67 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the Luxury segment and it is 235% ($1,333,420) more than the week prior.
The average closing price for real estate in San Marcos California has grown by 53% from the last week, which amounted to $872,159.
As of December 2022 San Marcos, CA is a seller market which means homes sell faster at a higher price. In December 2022, 16 homes (37.2%) sold at asking price, 27 homes (62.8%) sold below asking price, and 0 homes (0.0%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 1.3% from $770,000 in December 2021 to $760,000 in December 2022. The number of homes sold in San Marcos, CA has decreased by 63.9% over the last year from 119 in December 2021 to 43 homes in December 2022.
Homes in San Marcos, CA have sold for 4.3% more per ft² than they did a year ago. As of December 2022 the average price per square foot is $462.