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SAN CLEMENTE REAL ESTATE NEWS
Market Report

San Clemente ZIP 92673 Market Watch: How to Read This Week

Where San Clemente stands today: ZIP 92673 has a typical value of $1.74M as of Aug 2026, +3.0% against a year ago and +45% against five years ago. The regional gauge this week: “Leans buyers”.

MARKET REPORT · OCTOBER 2026

Where San Clemente stands today: ZIP 92673 has a typical value of $1.74M as of Aug 2026, +3.0% against a year ago and +45% against five years ago. The regional gauge this week: “Leans buyers”.

What changed

  • The past week: the gauge held at “Leans buyers” (62 to 64). New pending sales were 1,120 against 1,153 last week, and new listings 1,573 against 1,599.
  • The past month: the typical value went from $1.73M (Jul 2026) to $1.74M (Aug 2026), +0.60%.
  • The past four weeks: the gauge rose from 58 to 64.

If you are buying

  • The shelf is about the same. 75 homes are for sale.
  • Asking prices are moving. About 23% of listings show a price cut.
  • The rate backdrop. The 30-year average sat at 7.40% in the latest Freddie Mac survey.

If you are selling

  • The temperature. Zillow rates demand in the ZIP at 63 of 100.
  • The takeaway. Recent sales, not old ones, are the best guide to a list price. Rudy can walk through them with you.

Statistics like these show where the market has been. They cannot value a single home or predict where prices go next; a personal report from Rudy can get closer to your own property.

How to read it

How to read this week’s numbers

What each measure means, with this week’s live values beside it.

Six numbers, plain English

This week’s live values for the Los Angeles–Orange County metro (week ending Sep 26, 2026) and ZIP 92673.

Months of supply
4.3 this week. It is the number of months it would take to sell every home for sale at the current pace of new pending sales. Under 4 is usually called a seller’s market, 4 to 6 balanced, and over 6 a buyer’s market.
New pending sales vs new listings
1,120 new pending sales against 1,573 new listings this week. When pendings outpace listings, the supply of homes is shrinking; when listings outpace pendings, it is growing.
Share of listings with a price cut
8.3% across the metro this week, and 23% in ZIP 92673 in Aug 2026. A rising share often means sellers are adjusting to what buyers will pay.
Sale-to-list price
99.6% on average for the week ending Sep 5, 2026. Under 100% means homes are closing below their asking price.
Days to pending
53 days on average this week for homes that went under contract.

Read together, they answer one question: who has the leverage this week? The gauge above turns them into a single score, and this table shows what is behind it. No single week decides anything, so the useful habit is to watch the direction over several weeks.

The long view

The cycles: how values got here

The peaks, the pullback and the recoveries in ZIP 92673 since 2000, in plain numbers.

The cycles, one line each

Zillow Home Value Index for ZIP 92673. Dates are month ends; changes are nominal, not adjusted for inflation.

Home value cycles in ZIP 92673
PhaseDatesTypical valueChange
January 2000 to the mid-2000s peakJan 2000 to Jun 2006$378,769 to $933,759+147%
Peak to troughJun 2006 to Apr 2012$933,759 to $585,692−37%
Trough to a new highApr 2012 to Nov 2019$585,692 to $935,375+60%
March 2020 to the record highMar 2020 to Aug 2026$945,718 to $1,736,694+84%
Record high to nowAug 2026 to Aug 2026$1,736,694 to $1,736,694+0.0%

From Jan 2000 the typical value climbed +147% to a peak of $933,759 in Jun 2006, slipped −37% to $585,692 by Apr 2012, and did not pass the old peak until Nov 2019, about 13.4 years after it. The record so far is $1,736,694 in Aug 2026; the latest reading is $1,736,694 (Aug 2026).

Measured from the same starting point, the ZIP’s values have grown about 7% more than the wider metro area since January 2000.

Home values indexed to January 2000Typical home value in ZIP 92673 and the metro area with January 2000 set to 100, through Aug 2026.100200300400500200020042009201320182022

ZIP 92673Los Angeles metro

The housing stock

The housing in ZIP 92673

What the Census Bureau’s survey says about the homes and the housing costs here.

The homes, in Census numbers

Source: American Community Survey, 5-year data for 2020-2024. Read a ± figure as the range of uncertainty around an estimate; ZIP Code Tabulation Areas are close to, not identical with, ZIP codes.

Census survey estimates of the housing stock and its cost
MeasureZIP 92673
Median household income$182,178 (±$18,808)
Homes that are owner-occupied82.4%
Median year homes were built2000
Median gross rent$3,392 (±$400)
Median home value reported by owners$1,375,700
Single-family detached homes77.7%
Attached single-unit homes (townhomes, row houses)9.2%
Small buildings (2 to 4 homes)3.8%
Larger buildings (5 or more homes)7.5%
Homes used seasonally or occasionally1.7%

In ZIP 92673, about 82.4% of occupied homes are owner-occupied, the typical home was built around 2000, and about 77.7% of the housing is single-family detached.

Nothing here describes the people who live in a ZIP code, only its housing and costs. The survey’s home value is owner-reported and differs from the Zillow value used on the rest of this page.

The past month

The past month in ZIP 92673

What moved over the last month, and over the last twelve.

This month vs last month

Aug 2026 compared with Jul 2026, ZIP 92673.

Month over month
MeasureThis monthLast monthChangeWhat it favors
Typical home value$1,736,694$1,726,396 +0.6%Edge to sellers
Single-family value$1,840,830$1,830,355 +0.6%Edge to sellers
Condo value$1,062,184$1,056,278 +0.6%Edge to sellers
Homes for sale7575 +0.0%About the same
Listings with a price cut23.0%23.6% −0.6 ptsEdge to sellers
Market temperature (0-100)6359 +4.0 ptsEdge to sellers

Typical home value, last 24 months

Zillow Home Value Index, ZIP 92673

Typical home value by monthTypical home value in ZIP 92673 each month for the last 24 months, ending at $1.74M in Aug 2026.$1M$1.25M$1.50M$1.75M$2MSep ’24Jan ’25May ’25Sep ’25Jan ’26May ’26

All homesSingle-familyCondos

Homes for sale and price cuts

Monthly, ZIP 92673

Homes for sale by monthNumber of homes for sale in ZIP 92673 each month.5060708090Sep ’24Jan ’25May ’25Sep ’25Jan ’26May ’26Share of listings with a price cutShare of listings with a price cut in ZIP 92673 each month.10%15%20%25%30%35%Sep ’24Jan ’25May ’25Sep ’25Jan ’26May ’26

The last 12 months, one line each

View the numbers
Month by month, last 12 months
MonthTypical valueChange vs prior monthHomes for saleListings with price cutGauge
Aug 2026$1,736,694+0.60%7523%60
Jul 2026$1,726,396+0.34%7524%68
Jun 2026$1,720,526+0.10%7024%61
May 2026$1,718,834+0.13%6225%54
Apr 2026$1,716,618+0.23%5724%50
Mar 2026$1,712,730+0.35%5420%49
Feb 2026$1,706,774+0.41%5216%37
Jan 2026$1,699,841+0.38%5115%36
Dec 2025$1,693,458+0.33%5918%47
Nov 2025$1,687,849+0.22%7023%69
Oct 2025$1,684,227+0.02%8326%78
Sep 2025$1,683,972−0.15%8928%86
The balance right now

The balance between buyers and sellers

Where the market sits this week, before the history below.

This week: who had the edge?

This week: who had the edge?: Leans buyers, 64 out of 100SellersBuyers

Leans buyers 64 / 100

Week ending Sep 26, 2026 · Los Angeles–Long Beach–Anaheim metro area (which includes Orange County)

  • Months of supply: 4.3 (under 4 is usually called a seller’s market, 4 to 6 balanced, over 6 a buyer’s market)
  • Listings with a price cut this week: 8.3%
  • New pending sales vs new listings: 1,120 vs 1,573

This month in ZIP 92673

This month in ZIP 92673: Leans buyers, 60 out of 100SellersBuyers

Leans buyers 60 / 100

Aug 2026 · ZIP 92673 compared with its own history since 2018

  • Homes for sale: 75
  • Listings with a price cut: 23%
  • Zillow market temperature: 63 / 100
  • Last month: Favors buyers (68)

Week over week: the last 26 weeks

Each dot is one week in the Los Angeles–Long Beach–Anaheim metro area (which includes Orange County). Hover or tap a dot for that week’s reading. Left of center favors sellers, right favors buyers.

Week ending Apr 4, 2026: Leans sellers (43)Apr 4Week ending Apr 11, 2026: Balanced (46)Week ending Apr 18, 2026: Balanced (48)Week ending Apr 25, 2026: Balanced (47)Week ending May 2, 2026: Balanced (50)May 2Week ending May 9, 2026: Balanced (46)Week ending May 16, 2026: Balanced (46)Week ending May 23, 2026: Balanced (45)Week ending May 30, 2026: Balanced (47)May 30Week ending Jun 6, 2026: Balanced (50)Week ending Jun 13, 2026: Balanced (49)Week ending Jun 20, 2026: Balanced (51)Week ending Jun 27, 2026: Balanced (52)Jun 27Week ending Jul 4, 2026: Balanced (46)Week ending Jul 11, 2026: Balanced (53)Week ending Jul 18, 2026: Leans buyers (55)Week ending Jul 25, 2026: Balanced (55)Jul 25Week ending Aug 1, 2026: Leans buyers (60)Week ending Aug 8, 2026: Leans buyers (58)Week ending Aug 15, 2026: Leans buyers (59)Week ending Aug 22, 2026: Leans buyers (59)Aug 22Week ending Aug 29, 2026: Leans buyers (58)Week ending Sep 5, 2026: Balanced (54)Week ending Sep 12, 2026: Leans buyers (59)Week ending Sep 19, 2026: Leans buyers (62)Week ending Sep 26, 2026: Leans buyers (64)Sep 26

Favors sellersLeans sellersBalancedLeans buyersFavors buyers

The gauge, then and now
WhenWeek endingScoreReading
This weekSep 26, 202664Leans buyers
Last weekSep 19, 202662Leans buyers
4 weeks agoAug 29, 202658Leans buyers
12 weeks agoJul 4, 202646Balanced
A year agoSep 27, 202548Balanced
How the gauge works

How to read the dials: 0 to 100, low numbers favor sellers and high numbers favor buyers. The weekly dial covers the whole Los Angeles–Long Beach–Anaheim metro area (which includes Orange County) (no ZIP-level weekly data is published) and combines supply, price cuts, days to pending and pending sales against new listings, ranked against every week since 2018.

The monthly dial is local to ZIP: inventory, price-cut share and market temperature compared with the ZIP’s own record. It answers “is this month normal for here?” rather than “how does this place compare with somewhere else?”.

Plain summaries of public numbers; not advice, and not a forecast.

About this data

  • Typical values, inventory, price cuts and days to pending: Zillow Research (the Zillow Home Value Index tracks the typical value of all homes in the middle price tier, seasonally adjusted).
  • Year-by-year and decade-by-decade history: the FHFA ZIP-level House Price Index.
  • Mortgage rates: Freddie Mac weekly survey; policy rate context from FRED.
  • Your own analysis: monthly data for ZIP 92673 (CSV).

These are estimates for a typical home and get revised from time to time. Refreshed Oct 9, 2026.

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