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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in San Marcos. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 760-331-8804
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| Average Home Price | $450,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 5-10% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $450,000 - $499,000 |
| Worst Selling Price Range | $100,000 - $149,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in San Marcos is | Increasing |
| Seller Activity for the past 90 days in San Marcos is? | No Change |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 15-20% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in San Marcos! Scenic open, natural beauty with excellent value. |
| Nearest Metro Area | San Diego |
| Housing Hot Spots | Most cities within the San Diego County area are considered 'Housing Hotspots' |
| Average Sold Price | $450,000 - View Graph Trend |
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Dr. Ralph O. Muncaster
Keller Williams Realty
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