San Marcos Real Estate Market Report
Executive Summary
Carlos EscabaLocal expert · San MarcosThe San Marcos, CA real estate market is currently classified as a seller's market. The MLS® composite benchmark price is $893K, down 0.8% year-over-year.
There are currently 237 active listings, representing 2.9 months of inventory. According to San Marcos Market Report (SDMLS computed), there were 80 sales and 118 new listings in June 2026. Inventory has increased 89.6% compared to last month.
Currently, listings spend an average of 19 days on market and the average price per square foot is $434.
Board Data vs Our Listings
| Metric | San Marcos Market Report (SDMLS computed) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $893K | $680K |
| Average Price | $893K | $773K |
| Active Listings | 237 | 237 |
| Detached Benchmark | $1.3M | $1.2M |
| Townhouse Benchmark | $725K | $704K |
| Apartment Benchmark | $668K | $589K |
Detached properties make up the largest share of the San Marcos market at 39% of active listings with an average price of $1.2M. Condo listings follow at 28% (avg $589K).
Sales Activity & Absorption
Volume
Market Signals
San Marcos Market Report (SDMLS computed) reported 80 sales this period, 107 new listings appeared in the past month, 20 sellers reduced their asking price.
Market Balance
Months of Inventory
Demand significantly outpaces new supply — expect competitive offers.
With only 2.9 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
This is currently a seller's market with strong demand and limited inventory. The San Marcos market currently has 237 active listings with a median price of $680K and 2.9 months of inventory.
According to San Marcos Market Report (SDMLS computed), the composite benchmark price is $893K (-0.8% year-over-year). There were 80 sales recorded
- Low inventory (2.9 months) favors sellers
- High sell-through rate (100%)
- Fast-moving market (19 avg days on market)
- Average price per square foot is $434
- Sold properties averaged 60 days on market
Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from San Marcos Market Report (SDMLS computed). Prepared by Carlos Escaba with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of September 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.