This week in 30 seconds
Rates dipped this week, San Clemente homes are selling in half the time they did a year ago, and price per square foot is climbing faster than the median price.
Mortgage Rates
After two weeks at 7.40%, the average 30-year fixed rate eased to 7.32% this week, according to Freddie Mac. It's still more than a point higher than a year ago, so every bit of movement matters on San Clemente price points.
30-year fixed
7.32%
-0.08 pts from last week15-year fixed
6.68%
-0.03 pts from last weekSource: Freddie Mac Primary Mortgage Market Survey, October 22, 2026
Try it yourself
What would the payment be?
Principal + interest
$9,887/mo
At 7.32% on a 30-year fixed loan.
If rates were half a point lower, about $9,402/mo, a difference of $485 a month.
An estimate only, not a loan offer. Property taxes, insurance, HOA dues and Mello-Roos are not included, and your actual rate will depend on your lender and credit. Rate: Freddie Mac weekly average, October 22, 2026.
San Clemente Snapshot
San Clemente, all home types, September 2026
$1.80M
Median sale price
+4.0% vs. last year$815
Median price per sq ft
+9.0% vs. last year34
Median days on market
Down from 71 a year ago184
Homes sold
Up from 163 a year ago98.6%
Sale-to-list price
+1.0 pt vs. last year70
Redfin Compete Score
Very competitiveWorth noticing
Price per square foot rose 9.0% while the median price rose 4.0%. Buyers are paying more for each foot of space, even when they buy a little smaller.
San Clemente vs. the U.S.
Nationally, existing-home sales ticked up in September and prices rose modestly. San Clemente is moving faster on price, while homes here are selling at about the same pace as the national market.
$1,799,143
+4.0% year over year
$417,500
+1.3% year over year
34 days
Down from 71
33 days
Same as a year ago
184 homes sold
Up from 163
3.99M annual pace
+1.5% from August, -2.2% year over year
Sources: Redfin (San Clemente, September 2026); National Association of REALTORS® existing-home sales, released October 13, 2026
National market, September 2026
1.60M
Homes for sale
+4.6% vs. last year4.8
Months' supply
Unchanged from August31%
First-time buyers
Share of sales$613,600
West median price
-0.3% vs. last yearWho Is Looking at San Clemente
Homebuyers searching to move into San Clemente, April to June 2026
These are Redfin.com home searches, not actual moves. Most San Clemente buyers (86%) searched to stay in the area.
What It Means
If you are selling
Homes are selling in about half the time they took a year ago, and the typical sale closed at 98.6% of list price. Pricing right from day one matters more than waiting for a perfect market.
If you are buying
The typical home still sold a little under asking, so there's often room to talk. And with rates moving week to week, it's worth having your financing lined up so you can act when the right home comes up.
Neighborhood Spotlight
Neighborhood Spotlight
Pier Bowl
The Pier Bowl wraps around the San Clemente Pier just below downtown. It's where the city began in 1925, and you can still walk to the beach, the Coastal Trail, the train and Avenida Del Mar.
~1,296 ft
Length of the pier
1928
Casa Romantica built
1925
Ole Hanson buys the land
The pier at your door
A roughly 1,296-foot pier known for fishing, with a restaurant and a bait and tackle shop
Train at the pier
The San Clemente Pier station (615 Avenida Victoria) is a stop on the Pacific Surfliner
San Clemente Coastal Trail
The multi-use beach trail runs from North Beach to Calafia Beach for walking, running, and biking
Jacob's take
This is where I live. You can walk to downtown and the beach, and there's always a fun neighborhood event going on.
Around Town
Nov
2
Mon
Coming up Monday
Día de los Muertos at Max Berg Plaza Park
A community altar and ofrenda, sugar skull crafts, face painting, Ballet Folklórico and Danza Azteca performances, local vendors and food trucks. Residents are welcome to bring photos of loved ones for the altar.
Event detailsNeighborhoods in this update