Housing Market Report

Cerritos, CA 90703

Single-Family Homes

Michael Del Rosario | CerritosLiving.com


Cerritos, CA 90703

Fri Sep 25 2026
This week the median list price for Cerritos, CA 90703 is $1,167,500 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has decreased to 26. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Cerritos, CA 90703

Fri Sep 25 2026
This week the median list price for Cerritos, CA 90703 is $1,167,500 with the market action index hovering around 53. This is less than last month's market action index of 55. Inventory has decreased to 26. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Cerritos market.
Median List Price $1,167,500
Median Price of New Listings $1,077,450
Per Square Foot $717
Average Days on Market 64
Median Days on Market 42
Price Decreased 38%
Price Increased 4%
Relisted 12%
Inventory 26
Median Rent
Market Action 53
Strong Seller's Market

We're seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to micro-location variables.

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
$1,629,900 2,577 6,500 - 8,000 sqft 4 3 53 0 2 140
$1,209,999 1,587 4,500 - 6,500 sqft 4 2 55 2 0 49
$1,060,000 1,470 4,500 - 6,500 sqft 3 2 57 3 3 14
$949,500 1,330 4,500 - 6,500 sqft 3 1.9 56 1 0 31