Housing Market Report

Cerritos, CA 90703

Condos/Townhomes

Michael Del Rosario | CerritosLiving.com



Current active inventory in Cerritos, CA 90703 is very low. Keep this in mind when looking at this report.

Cerritos, CA 90703

Sun Apr 05 2020
This week the median list price for Cerritos, CA 90703 is $417,000 with the market action index hovering around 74. This is an increase over last month's market action index of 69. Inventory has held steady at or around 2. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cerritos, CA 90703

Sun Apr 05 2020
This week the median list price for Cerritos, CA 90703 is $417,000 with the market action index hovering around 74. This is an increase over last month's market action index of 69. Inventory has held steady at or around 2. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cerritos market.
Median List Price $417,000
Per Square Foot $475
Days on Market 56
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent $2,271
Most Expensive $445,000
Least Expensive $389,000
Market Action 74
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$417,000 879 6,500 - 8,000 sqft 2 1 48 1 0 56
$445,000 853 6,500 - 8,000 sqft 2 2 49 0 0 7
$389,000 904 6,500 - 8,000 sqft 2 1 48 1 0 105