San Marcos Inventory: Is It a Buyer's Market?

Is the San Marcos housing market finally tipping in favor of buyers? The latest data shows 6.25 months of inventory based on 381 active homes for sale against 49 closed sales in October. This figure sits just above the 6-month threshold that typically signals a shift from a seller's advantage to a balanced or buyer-friendly environment. ALEX Intelligence analyzes this supply gap by dividing current active listings by the monthly closing rate. When inventory exceeds six months, buyers generally have more negotiating power and less urgency. In San Marcos, the median days on market rose 22.7% compared to September, reaching 92 days, while the median sale price dropped 21.0% month-over-month to $264,719 across 49 closed sales. The data indicates that homes are staying on the market longer and selling for less than their original list prices in nearly 90% of cases. While the market remains active with 381 homes currently available, the rising inventory levels suggest a cooling trend compared to the tighter conditions seen earlier this year. Buyers may find more options and leverage in negotiations as sellers adjust expectations to match current demand. This classification relies on the standard metric where less than six months indicates a seller's market, six months is balanced, and more than six months favors buyers. With 6.25 months, San Marcos has crossed into territory where inventory accumulation is outpacing sales velocity. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog