Housing Market Report

Cerritos, CA 90703

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Cerritos, CA 90703

Thu Jul 03 2025
This week the median list price for Cerritos, CA 90703 is $1,364,950 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has held steady at or around 28. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Cerritos, CA 90703

Thu Jul 03 2025
This week the median list price for Cerritos, CA 90703 is $1,364,950 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has held steady at or around 28. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Cerritos market.
Median List Price $1,364,950
Median Price of New Listings $1,090,000
Per Square Foot $640
Average Days on Market 51
Median Days on Market 28
Price Decreased 39%
Price Increased 0%
Relisted 4%
Inventory 28
Median Rent
Market Action 58
Strong Seller's Market

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

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
$1,588,888 2,492 6,500 - 8,000 sqft 4 3 48 0 0 98
$1,399,000 2,284 6,500 - 8,000 sqft 4 3 53 0 0 49
$1,299,000 2,119 4,500 - 6,500 sqft 4 3 57 1 4 28
$1,125,000 1,427 4,500 - 6,500 sqft 4 2 55 2 1 7