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 $424,234 $395,000 975 36 97.5% 22.1% 20.1% 13.0%
2004 $558,011 $530,000 1,025 29 97.7% 31.5% 34.2% 5.1%
2005 $616,063 $580,000 1,009 48 97.1% 10.4% 9.4% -1.6%
2006 $628,978 $585,000 670 63 96.6% 2.1% 0.9% -33.6%
2007 $592,502 $573,000 600 71 96.2% -5.8% -2.1% -10.4%

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 $424,234 $395,000 975 36 97.5% 22.1% 20.1% 13.0%
2004 $558,011 $530,000 1,025 29 97.7% 31.5% 34.2% 5.1%
2005 $616,063 $580,000 1,009 48 97.1% 10.4% 9.4% -1.6%
2006 $628,978 $585,000 670 63 96.6% 2.1% 0.9% -33.6%
2007 $592,235 $572,000 603 68 96.3% -5.8% -2.2% -10.0%
2008 $444,322 $427,500 740 64 97.2% -25.0% -25.3% 22.7%

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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.