San Clemente Housing Market Update — Wednesday, October 28, 2026

October 28, 2026
Russell Walsh Realty
WEEKLY RESIDENTIAL MARKET SNAPSHOT
SAN CLEMENTE

San ClementeHousing Market Update

Wednesday, October 28, 2026

San Clemente’s citywide median sale price stands at $2.10 million for September (county records, 57 recorded closings as of Sep 30) — with 134 homes for sale right now and the 30-year fixed at 7.32% for the week ending October 22.

Median $ Sold
$2.10M
Sep 2026 · county records
Realty.com · Sep 2026
Asking Trend
$2.169M
median list price
RealtyHop · live
Active Inventory
134
homes for sale
RealtyHop · live
Market Time
34 days
median DOM · homes sold
Redfin · 3 mo. to Sep 2026
Sale-to-List
100.0%
of asking
Realty.com · Sep 2026
30-Year Fixed
7.32%
+1.13 pt YoY
Freddie Mac · Oct 22

Quick read: San Clemente’s median sold about $2.10M (September county records, 57 sales), 134 homes for sale right now — with the 30-year fixed at 7.32%.

Hero photo: San Clemente Pier

The September price picture

September county records cover 57 recorded sales, and live asking prices now sit about $69K above recent closings — a narrower list-versus-sold gap than last week.

All-home median sale price

$2,100,000
September 2026 · county records (57 recorded sales, as of Sep 30)

The September county-records read covers 57 recorded sales at a $2,100,000 median, unchanged from the October 21 edition. The typical sale range ran $1,575,000–$2,815,000 at $829 per square foot, and 31.6% of buyers paid cash. In the same release, MLS logged 53 September sales closing at 100.0% of asking, as of Sep 30.

Source: Realty.com (county records), September 2026 as of Sep 30 — extracted Oct 28, 2026.

Live asking prices

$2,169,000
Median list price · live

134 residential homes currently for sale: 83 houses, 41 condos, 10 multifamily. The live median list price is down from $2,299,000 in the October 21 edition; listings range from $1,260,750 in the lower quartile to $3,495,000 in the upper quartile at $855 per square foot.

Source: RealtyHop (live) — extracted Oct 28, 2026.

Price per square foot

$829
September 2026 · Realty.com, county records

The median sold price worked out to $829 per square foot across September's 57 county-recorded sales.

Source: Realty.com (county records), September 2026 as of Sep 30 — extracted Oct 28, 2026.

Sale-to-list

100.0%
September 2026 · Realty.com, MLS (53 sales, as of Sep 30)

September MLS sales closed at 100.0% of asking price — sales here are closing essentially at asking.

Source: Realty.com (MLS), September 2026 as of Sep 30 — extracted Oct 28, 2026.

Market time — from Redfin this week

Realty.com’s September release did not include a median days-on-market read, so this week’s market-time figure comes from the next source in our chain: Redfin’s median for homes sold over the three months ending September 2026 — a longer window than the single-month September price figures.

Median days on market34 daysRedfin, homes sold — 3 months ending Sep 2026
Other snapshot55 daysRealtyHop average, current listings, as of Oct 28 (not a median)
Active inventory134RealtyHop live count, refreshed hourly

Sources: Redfin (median days on market, 3 months ending Sep 2026), Realty.com and RealtyHop.

How the 134 break down

Live asking inventory spans detached houses, condos and a small multifamily slice — the segments buyers actually shop.

Houses for sale

83
of 134 live listings

Detached houses make up the largest share of the 134 live listings.

Source: RealtyHop (live) — extracted Oct 28, 2026.

Condos and multifamily

51
of 134 live listings · 41 condos, 10 multifamily

Attached and multifamily homes round out current asking inventory beyond the 83 detached houses.

Source: RealtyHop (live) — extracted Oct 28, 2026.

7.32%
30-year fixed average
Week ending October 22, 2026

Rates are the pressure point

The 30-year fixed rate eased to 7.32% — down from 7.40% the prior week — and stood 113 basis points above 6.19% a year earlier. The 15-year fixed averaged 6.68%, down from 6.71% the prior week and 5.44% a year ago.

Borrowing costs at 7.32% are slowing urgency. That does not make every home negotiable, but it rewards buyers who compare condition, days on market and seller motivation carefully.

Source: Freddie Mac Primary Mortgage Market Survey, weekly averages as of October 22, 2026 (released Oct 22, 12 p.m. ET; extracted Oct 28, 2026).

National context

San Clemente’s September read sits inside a broader market where bond yields set the tone for borrowing costs and investors watch jobs and inflation data for the Federal Reserve’s next move.

  • 4.99%10-year Treasury par yield on Oct 27 (U.S. Treasury daily yield curve), down from 5.00% on Oct 26 — mortgage rates follow bond yields.
  • 29,000Jobs added in the September employment report (released Oct 2), with unemployment at 4.2% — Reuters reported the slowdown nearly took another Fed rate hike this month off the table.
  • Thursday, Oct 29The next Freddie Mac weekly average is due — the latest read put the 30-year at 7.32% (as of Oct 22), down from 7.40% the week before.

Sources: U.S. Treasury daily par yield curve, Oct 27, 2026 (extracted Oct 28, 2026); Reuters coverage of the BLS September jobs report, Oct 2, 2026 — extracted Oct 5, 2026.

How to read these figures

Realty.com’s September 2026 county-records median ($2,100,000, 57 recorded sales as of Sep 30) is the freshest monthly closed-sale figure and is unchanged from the October 21 edition. Median days on market was not published in Realty.com’s September release, so it comes from the next source in the fallback chain: Redfin reports a 34-day median for homes sold over the three months ending September 2026 (Redfin calculations from MLS and/or public records; 71 days a year earlier) — a different source and a longer window than the single-month September price figures. RealtyHop’s 55-day figure (as of Oct 28) is an average for current listings, not a median for closings. Active-inventory counts vary by source and methodology: RealtyHop’s live residential count showed 134 (83 houses, 41 condos, 10 multifamily), up from 131 in the October 21 edition, with a $2,169,000 median list price (down from $2,299,000), while Realty.com’s MLS snapshot (as of Sep 27) showed 120 homes for sale at a $2,297,500 median list price. MLS sales closed at 100.0% of asking in September (53 sales as of Sep 30), with 31.6% of county-recorded buyers paying cash. Redfin is used only for median days on market; its city page was checked on Oct 28, 2026.

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Russell Walsh

Russell Walsh, Russell Walsh Realty — South Orange County real estate.

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