San Marcos Housing Market Report – March 2026
Here's a look at how the San Marcos, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 82
- Median Sale Price: $850,000
- Average Sale Price: $969,317
- Average Price Per Sq Ft: $499
- Average Days on Market: 63
- Sale-to-List Price Ratio: 99.0%
Month-Over-Month Trends
Compared to February, the median sale price in San Marcos moved 6.9% down (from $913,000 to $850,000). The number of homes sold was 49.1% up compared to the prior month (55 vs. 82). Average days on market shifted 6.0% down (67 days to 63 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.6% up (from $845,000 to $850,000). Sales volume is 22.4% up year-over-year.
What This Means
San Marcos is showing some mixed signals this March, with the headline being a significant surge in sales activity paired with a notable dip in pricing. The jump from 55 to 82 homes sold month-over-month is substantial and likely reflects spring seasonality kicking in—buyers emerge from winter hibernation, and sellers list more aggressively. However, that 6.9% monthly decline in median price from $913,000 to $850,000 suggests competition among sellers is intensifying. With nearly 260 active listings on the market, inventory is healthy, which typically puts downward pressure on prices as sellers work harder to attract buyers.
The silver lining is that homes are moving faster and closer to asking price. The 63-day average days on market and 99.0% sale-to-list ratio indicate sellers still have reasonable negotiating power, even if prices are softening. Year-over-year, the median price is essentially flat at just 0.6% growth, suggesting San Marcos isn't experiencing rapid appreciation right now, but it's holding steady rather than declining.
For buyers, this environment offers genuine opportunity. For sellers, spring momentum is clearly present, but pricing expectations need to be realistic in a crowded market. The composition heavily favors single-family homes, which continue to dominate local demand.
San Marcos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92078 | 53 | $850,000 | $515 | 61 |
| 92069 | 29 | $855,000 | $471 | 66 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 44 | $1,252,500 | $562 |
| CONDOS | 20 | $710,000 | $524 |
| MOBILE | 11 | $325,000 | $233 |
| TOWNHOMES | 4 | $720,500 | $476 |
| MULTI_FAMILY | 1 | $420,000 | $252 |
| LAND | 1 | $500,000 | N/A |
| OTHER | 1 | $1,748,500 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $200K - $299K | 2 |
| $300K - $399K | 5 |
| $400K - $499K | 4 |
| $500K - $749K | 19 |
| $750K+ | 51 |
Current Active Listings
As of this report, there are 258 active listings in San Marcos with a median asking price of $788,900 and an average of 60 days on market.
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