[JavaBrewer]

Inventory is very high in San Marcos but homes are still selling. Instead of the 1-2 days market time it's now more like 3-4 weeks, sometimes more. Previous record for our neighborhood of 85 homes was ~900K but two homes just sold for 958K and 1.1M and were on the market for 3 weeks. Note that these were nicely upgraded homes with premium lots and showed very very well. Homes that are not upgraded and/or have less desireable lots are sitting as the owners are trying to get matching prices.