Housing Market Report
Cerritos, CA 90703
Single-Family Homes
Michael Del Rosario | CerritosLiving.com
Cerritos, CA 90703
Sat Mar 28 2026
This week the median list price for Cerritos, CA 90703 is $1,395,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has increased to 23.
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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
| Median List Price | $1,395,000 | |
| Median Price of New Listings | $1,448,800 | |
| Per Square Foot | $663 | |
| Average Days on Market | 41 | |
| Median Days on Market | 14 | |
| Price Decreased | 35% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 23 | |
| Median Rent | ||
| Market Action | 61 | |
| Strong Seller's Market | ||
The value placed on homes continues to increase, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,838,950 | 2,709 | 6,500 - 8,000 sqft | 4 | 3 | 53 | 1 | 3 | 84 |
| $1,398,500 | 2,158 | 4,500 - 6,500 sqft | 4 | 2.8 | 55 | 2 | 0 | 14 |
| $1,270,000 | 1,745 | 4,500 - 6,500 sqft | 4 | 2 | 55 | 0 | 1 | 7 |
| $1,070,000 | 1,258 | 4,500 - 6,500 sqft | 3 | 2 | 57 | 2 | 1 | 21 |