Home sales increase year over year in San Marcos, Buda and Kyle in May

The most recent data compiled by the Four Rivers Association of Realtors shows the number of homes sold in San Marcos decreased by over 21% year over year. Kyle saw an over 25% increase in homes sold in May 2024, with Buda having about a 9% increase since May 2023.

The average home price over the last six months in all three cities remained around $350,000. Buda’s average was the highest of the three, clocking in at $407,231.

In May, there were 273 homes sold in San Marcos, Buda and Kyle within the $300,000 to $499,999 price range.

Median home prices in Kyle and Buda decreased year over year from May 2023 to May 2024. In San Marcos, however, median home sales prices increased by just over 2% to $369,780.

Compared to May 2023, the number of homes under contract in San Marcos decreased by nearly 20% in May 2024. In Kyle, however, homes under contract increased by nearly 40% in the same time frame.

At the same time, the average number of days homes spent on the market decreased in all three cities. In Kyle, the average days on the market declined by about 38% year over year.