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Southern California Market Update

Southern California Housing Market Update: This fall's selling pace

Southern California, here's how fast homes are selling.

Palm trees lining a street at sunset

Key takeaways

  • The average 30-year fixed rate was 7.32% (Freddie Mac PMMS, October 22, 2026).
  • Los Angeles: median price $1,032,508, -1.7% vs. last year, 56 (vs. 59) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).
  • Long Beach: median price $909,567, +9.3% vs. last year, 47 (vs. 51) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).
  • Anaheim: median price $969,538, +8.6% vs. last year, 41 (vs. 47) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).

Good morning, Southern California. This week's quick read is about pace: how long homes are taking to sell across a few big SoCal cities, what that means if you're buying or selling, and a few things worth doing around town.

Monday Motivation

“Good decisions rarely feel rushed. Get clear on your numbers now, and you get to move on your timeline, not the market's.”

Move of the week: Look at how many days homes near you are taking to sell (it's in this update). If a move is on your radar for the next year, that number tells you how much runway to plan for.

Your Southern California Market

LA County median$994,670▲ +1.2% vs. Sep 2025
Orange County median$1,480,000▲ +5.6% vs. Sep 2025
California median$899,720▲ +1.7% vs. Sep 2025

County and state figures: C.A.R., September 2026, existing single-family homes.

City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier):

CityMedianYoYDays on mktMo.
Los Angeles$1,032,508▼ -1.7%56 (vs. 59)Sep
Long Beach$909,567▲ +9.3%47 (vs. 51)Sep
Anaheim$969,538▲ +8.6%41 (vs. 47)Sep
Riverside$659,686▲ +4.7%41 (vs. 50)Sep

Rates this week: 30-yr fixed 7.32% · 15-yr fixed 6.68% (Freddie Mac PMMS, October 22, 2026), down from 7.40% and 6.71% the week before. A year ago: 6.19% and 5.44%.

Your LA County market page → · Buyer and seller FAQ →

What It Means For You

If you're buying

At the Los Angeles County median (C.A.R., September 2026) of $994,670, putting 20% down, this week's 7.32% average 30-year rate works out to about $5,466/month in principal and interest, vs. about $4,868 at last year's 6.19%. In the city snapshot, homes sold in a median 41 to 56 days, and faster than a year earlier in all four cities, so have your pre-approval ready before you tour.

If you're selling

LA County's median is up 1.2% from September 2025 and Orange County's is up 5.6%, while sales are down 10.9% and 2.0%. Your street can look very different from the county number, so a value based on recent sales near you is the place to start.

Homeowner reminder · Safety

Clocks fall back Sunday. Test your alarms.

Daylight saving time ends this Sunday, Nov. 1, at 2 a.m. It's an easy reminder to check your smoke and carbon monoxide alarms. The U.S. Fire Administration says to test smoke alarms monthly, replace the batteries at least once a year, and replace the whole smoke alarm every 10 years. California's carbon monoxide law also requires CO detectors in homes that have a fossil-fuel-burning heater, appliance or fireplace.

Sources: NIST, 2026 daylight saving time dates; U.S. Fire Administration smoke alarm guidance (page reviewed Oct. 13, 2026); City of West Hollywood summary of California's Carbon Monoxide Poisoning Prevention Act of 2010.

A neighborhood of houses, backyards and palm trees

Around Southern California

  • Halloween on the Pier · Redondo Beach
    Fri, Oct 30 · 5-8 p.m.
    Redondo Beach Pier, Fisherman's Wharf · No cost
  • Holiday Open House & Pier Lighting · Manhattan Beach
    Wed, Nov 18 · evening; pier lighting at 7 p.m.
    Downtown Manhattan Beach and the Manhattan Beach Pier
  • Autumn Festival at the Aquarium of the Pacific · Long Beach
    Sat-Sun, Nov 21-22 · 9 a.m.-5 p.m.
    100 Aquarium Way · Included with admission; reservations required
  • Sand Snowman Contest · Hermosa Beach
    Sat, Dec 5 · 9 a.m.-noon
    Hermosa Beach
  • Holiday Music on the Pier · Redondo Beach
    Sat, Dec 12 · 1-4 p.m.
    West end of the Redondo Beach Pier · No cost

Event info from organizers' public listings and may change. Please confirm before you go.

Quick answers

What are mortgage rates this week?

The average 30-year fixed rate was 7.32% (Freddie Mac PMMS, October 22, 2026). Your own rate depends on your credit, down payment and loan type.

What is the median home price in Los Angeles?

Los Angeles: median price $1,032,508, -1.7% vs. last year, 56 (vs. 59) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).

What is the median home price in Long Beach?

Long Beach: median price $909,567, +9.3% vs. last year, 47 (vs. 51) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).

What is the median home price in Anaheim?

Anaheim: median price $969,538, +8.6% vs. last year, 41 (vs. 47) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).

What is the median home price in Riverside?

Riverside: median price $659,686, +4.7% vs. last year, 41 (vs. 50) median days on market (City snapshot (Redfin; median sale price for the 3 months ending the month shown, days on market for that month vs. a year earlier)).

Thinking about buying or selling?

Get a home value based on recent sales near you, or book 15 minutes to talk through your plan.

Get My Home Value Book 15 Minutes market page

or call/text 562-253-9034

Sources

  • Los Angeles: Redfin housing market page (median sale price for the 3 months ending September 2026; homes sold and median days on market for September 2026), accessed Oct 25-26, 2026
  • Long Beach: Redfin housing market page (median sale price for the 3 months ending September 2026; homes sold and median days on market for September 2026), accessed Oct 25-26, 2026
  • Anaheim: Redfin housing market page (median sale price for the 3 months ending September 2026; homes sold and median days on market for September 2026), accessed Oct 25-26, 2026
  • Riverside: Redfin housing market page (median sale price for the 3 months ending September 2026; homes sold and median days on market for September 2026), accessed Oct 25-26, 2026
  • County and state medians and sales: California Association of REALTORS® (C.A.R.), September 2026 home sales and price report released Oct. 19, 2026 (existing single-family homes)
  • Mortgage rates: Freddie Mac Primary Mortgage Market Survey, week of October 22, 2026
  • Safety reminder: NIST (daylight saving time 2026); U.S. Fire Administration, Smoke alarms (reviewed Oct. 13, 2026); City of West Hollywood, Carbon Monoxide Law
  • Events: Redondo Beach Pier (redondopier.com) (Redondo Beach), accessed Oct 25-26, 2026
  • Events: Roundhouse Aquarium; Downtown Manhattan Beach event list (Manhattan Beach), accessed Oct 25-26, 2026
  • Events: Aquarium of the Pacific (Long Beach), accessed Oct 25-26, 2026
  • Events: City of Hermosa Beach calendar (Hermosa Beach), accessed Oct 25-26, 2026

Information deemed reliable but not guaranteed.

Payment example: principal and interest only on a 30-year fixed loan of $795,736 (20% down on the Los Angeles County median price (C.A.R., September 2026) of $994,670), at 7.32% (Freddie Mac PMMS average, October 22, 2026) = $5,466/month vs. 6.19% (year-ago average) = $4,868/month. Excludes property taxes, insurance and HOA dues. Your rate and payment will differ. Not a loan offer or commitment.

Online home value estimates are approximate and not an appraisal.

This article is not legal, tax or insurance advice.

Photos via Unsplash (Unsplash License): Jake Blucker, Matthew Moloney.

Memorial “Memo” Dinh | REALTOR® | CA DRE #02066757 | Epique Realty | Prestige Luxury Group | Equal Housing Opportunity

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