San Marcos: Median Price Rises 17.8% in August

What drives the sharp price movement seen in San Marcos this month? The median sale price for a home reached $328,119 in August, representing a 17.8% increase from July's median of $278,495 across 55 closed sales. This surge occurred even as the total volume of homes sold dropped by 21.4% compared to the previous month. The ALEX Intelligence dashboard tracks these monthly shifts to show market momentum. While prices climbed, the time it took to sell a home also increased slightly. The median days on market rose to 61 days, an 8.9% jump from July's 56 days, though this remains 19.7% faster than the same period last year when homes took 76 days to sell. Buyers and sellers should note that price appreciation outpaced inventory growth. The median price per square foot climbed to $180, up 5.3% from July but still 7.2% lower than August 2025. Additionally, the share of homes selling below the original list price rose to 90.9%, indicating that while prices are higher, negotiation pressure remains significant as most sales conclude below asking. This data reflects a market where fewer transactions are driving higher average values, with homes taking slightly longer to close than in July but still moving faster than last year. The median living area for sold homes was 1,883 square feet, up 4.6% from the prior month. Planning a move from San Marcos? Get your home's value and the right list price, free. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951