01/09/2026
What we’re actually seeing right now is a correction, not a crash. Prices and closings peaked in 2022, and since then the market has been recalibrating. That means longer timelines for sellers and more room to negotiate for buyers. The median price is now around $271K.
Most homes aren’t selling at their original list price. Sellers are adjusting (about 15% on average) to attract a buyer, and it’s taking 3–4 months from list to closing, depending on location and condition.
Inventory is sitting around 4.4 months, which puts San Marcos in a balanced market. Buyers have options. Sellers need a strategy. And timing alone isn’t magic since competition also increases with the Spring market.
If you’re buying, being pre-approved and informed matters.
If you’re selling, pricing, condition, and location matter.
I gather this data every month and you can always find updated numbers on my website.
👉https://www.frontperch.com/market-update
This is the big-picture market for all of SMTX. If you want to talk through what this looks like for your specific home or neighborhood, I’m always happy to walk through the numbers with you.