Justin Tye

Cerritos, CA

Single-Family Homes

Active Realty I REAL



Cerritos, CA

Thu Jun 20 2024
This week the median list price for Cerritos, CA is $1,325,000 with the market action index hovering around 81. This is an increase over last month's market action index of 75. Inventory has increased to 15. 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

Thu Jun 20 2024
This week the median list price for Cerritos, CA is $1,325,000 with the market action index hovering around 81. This is an increase over last month's market action index of 75. Inventory has increased to 15. 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 $1,325,000
Median Price of New Listings $1,325,000
Per Square Foot $609
Average Days on Market 17
Median Days on Market 7
Price Decreased 0%
Price Increased 13%
Relisted 7%
Inventory 15
Median Rent
Market Action 81
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,699,999 2,739 4,500 - 6,500 sqft 5 3 54 1 0 7
$1,439,950 2,575 4,500 - 6,500 sqft 4 3 54 2 2 3
$1,225,000 1,853 4,500 - 6,500 sqft 4 2 55 3 1 10
$1,037,450 1,491 4,500 - 6,500 sqft 3 2 54 1 3 10