Housing Market Report

Cerritos, CA 90703

Condos/Townhomes

Michael Del Rosario | CerritosLiving.com


Cerritos, CA 90703

Fri Jul 04 2025
This week the median list price for Cerritos, CA 90703 is $594,000 with the market action index hovering around 56. This is less than last month's market action index of 83. Inventory has held steady at or around 11. 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Cerritos, CA 90703

Fri Jul 04 2025
This week the median list price for Cerritos, CA 90703 is $594,000 with the market action index hovering around 56. This is less than last month's market action index of 83. Inventory has held steady at or around 11. 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Cerritos market.
Median List Price $594,000
Median Price of New Listings $725,000
Per Square Foot $616
Average Days on Market 34
Median Days on Market 7
Price Decreased 27%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent
Market Action 56
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$840,000 1,731 0 - 4,500 sqft 3 2.5 50 2 0 0
$629,999 1,145 6,500 - 8,000 sqft 2 2 52 1 0 14
$550,000 904 6,500 - 8,000 sqft 2 1 53 2 0 0
$504,500 783 2.5 - 5 acres 2 1 53 0 0 17