San Marcos Annual Real Estate Market Trends

San Marcos
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $204,100 $178,950 620 50 97.2%      
1999 $214,443 $199,838 688 45 97.9% 5.1% 11.7% 11.0%
2000 $256,607 $235,250 640 39 98.1% 19.7% 17.7% -7.0%
2001 $292,227 $269,900 759 42 97.7% 13.9% 14.7% 18.6%
2002 $347,577 $329,000 863 43 97.7% 18.9% 21.9% 13.7%
2003 $374,521 $372,750 1,206 38 97.5% 7.8% 13.3% 39.7%
2004 $478,458 $495,000 1,285 34 97.6% 27.8% 32.8% 6.6%
2005 $537,150 $550,000 1,240 52 96.9% 12.3% 11.1% -3.5%
2006 $533,918 $550,000 867 71 96.3% -0.6% 0.0% -30.1%
2007 $498,533 $530,000 746 79 95.7% -6.6% -3.6% -14.0%
2008 $393,052 $385,900 879 77 96.8% -21.2% -27.2% 17.8%
2009 $383,888 $385,000 971 72 98.0% -2.3% -0.2% 10.5%

San Marcos
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $129,904 $112,500 145 60 96.8%      
1999 $129,081 $116,000 193 47 97.7% -0.6% 3.1% 33.1%
2000 $146,757 $138,750 198 36 98.3% 13.7% 19.6% 2.6%
2001 $177,469 $174,000 208 33 98.5% 20.9% 25.4% 5.1%
2002 $215,247 $202,500 186 25 98.2% 21.3% 16.4% -10.6%
2003 $260,642 $251,000 202 30 98.0% 21.1% 24.0% 8.6%
2004 $349,481 $340,000 314 26 98.2% 34.1% 35.5% 55.4%
2005 $399,396 $405,000 391 51 97.8% 14.3% 19.1% 24.5%
2006 $389,230 $394,500 277 71 97.1% -2.5% -2.6% -29.2%
2007 $367,238 $384,990 223 74 96.5% -5.7% -2.4% -19.5%
2008 $253,408 $257,000 305 73 96.8% -31.0% -33.2% 36.8%
2009 $213,007 $205,500 348 74 98.7% -15.9% -20.0% 14.1%

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DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.