RE/MAX Accord's Market Report

El Cerrito, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



El Cerrito, CA

Wed Aug 12 2020
This week the median list price for El Cerrito, CA is $899,000 with the market action index hovering around 65. This is an increase over last month's market action index of 60. Inventory has held steady at or around 17. Click here to stay informed with the El Cerrito 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.

El Cerrito, CA

Wed Aug 12 2020
This week the median list price for El Cerrito, CA is $899,000 with the market action index hovering around 65. This is an increase over last month's market action index of 60. Inventory has held steady at or around 17. Click here to stay informed with the El Cerrito 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 El Cerrito market.
Median List Price $899,000
Per Square Foot $611
Days on Market 158
Price Decreased 18%
Price Increased 6%
Relisted 6%
Inventory 17
Median Rent $4,850
Most Expensive $1,925,000
Least Expensive $629,000
Market Action 65
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,296,500 2,417 0.25 - 0.5 acre 3 2 57 2 1 12
$1,094,500 1,789 4,500 - 6,500 sqft 3 2 76 2 1 7
$849,000 1,674 4,500 - 6,500 sqft 4 3 80 1 1 399
$829,000 1,347 4,500 - 6,500 sqft 2 3 79 2 1 201