Cerritos Housing Market Report – April 2026
Here's a look at how the Cerritos, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 22
- Median Sale Price: $1,305,500
- Average Sale Price: $1,242,500
- Average Price Per Sq Ft: $683
- Average Days on Market: 41
- Sale-to-List Price Ratio: 103.0%
Month-Over-Month Trends
Compared to March, the median sale price in Cerritos moved 13.5% up (from $1,150,000 to $1,305,500). The number of homes sold was 4.8% up compared to the prior month (21 vs. 22). Average days on market shifted 14.6% down (48 days to 41 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 30.6% up (from $1,000,000 to $1,305,500). Sales volume is 18.5% down year-over-year.
What This Means
Cerritos is showing some genuinely encouraging momentum heading into late spring. April's median price of $1.31 million represents a substantial 13.5% jump from March, and that's on top of a year-over-year gain of nearly 31%. Homes are also moving faster—the average days on market dropped to 41 from 48 the previous month. Most tellingly, homes are selling above asking at a 103% ratio, which signals real buyer demand. This is classic seasonal strength as we hit the peak spring selling season, but the year-over-year price appreciation suggests something deeper is working in the market's favor here.
The one caveat is that sales volume year-over-year is down 18.5%, even though April saw a modest month-to-month uptick. This tells us that while prices are climbing and homes are attracting offers quickly, fewer total transactions are happening compared to April 2025. That could reflect tighter inventory or the lingering impact of higher interest rates cooling the broader market. With 41 active listings currently on the market, supply remains relatively lean, which continues supporting that seller-favorable dynamic we're seeing in pricing power.
Cerritos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90703 | 22 | $1,305,500 | $683 | 41 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 20 | $1,319,000 | $686 |
| CONDOS | 2 | $570,000 | $649 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 2 |
| $750K+ | 20 |
Current Active Listings
As of this report, there are 41 active listings in Cerritos with a median asking price of $1,250,000 and an average of 35 days on market.
Thinking About Selling Your Cerritos Home?
If you're a homeowner in Cerritos considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Cerritos and throughout Los Angeles County — get a no-obligation cash offer today.