Housing Market Report

Cerritos, CA 90703

Condos/Townhomes

Michael Del Rosario | CerritosLiving.com


Cerritos, CA 90703

Thu Sep 18 2025
This week the median list price for Cerritos, CA 90703 is $587,500 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has decreased to 6. Click here to stay informed with the Cerritos market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Cerritos, CA 90703

Thu Sep 18 2025
This week the median list price for Cerritos, CA 90703 is $587,500 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has decreased to 6. Click here to stay informed with the Cerritos market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Cerritos market.
Median List Price $587,500
Median Price of New Listings $559,900
Per Square Foot $502
Average Days on Market 118
Median Days on Market 102
Price Decreased 33%
Price Increased 17%
Relisted 17%
Inventory 6
Median Rent
Market Action 55
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$803,944 1,766 0 - 4,500 sqft 3 2.3 43 0 1 189
$615,000 1,145 5 - 10 acres 3 2 52 0 1 161
$559,950 904 6,500 - 8,000 sqft 2 1 53 1 1 21
$354,749 890 1 - 2.5 acres 2 1 18 0 0 126