Cerritos Housing Market Report – August 2026
Here's a look at how the Cerritos, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 29
- Median Sale Price: $1,150,000
- Average Sale Price: $1,118,458
- Average Price Per Sq Ft: $601
- Average Days on Market: 57
- Sale-to-List Price Ratio: 101.4%
Month-Over-Month Trends
Compared to July, the median sale price in Cerritos moved 3.3% down (from $1,189,100 to $1,150,000). The number of homes sold was 9.4% down compared to the prior month (32 vs. 29). Average days on market shifted 1.7% down (58 days to 57 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 2.7% down (from $1,182,500 to $1,150,000). Sales volume is 45.0% up year-over-year.
Cerritos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90703 | 28 | $1,165,000 | $619 | 53 |
| 90701 | 1 | $174,888 | $112 | 152 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 24 | $1,225,000 | $622 |
| TOWNHOMES | 2 | $650,000 | $538 |
| CONDO | 1 | $565,000 | $662 |
| CONDOS | 1 | $565,000 | $662 |
| MOBILE | 1 | $174,888 | $112 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $500K - $749K | 3 |
| $750K+ | 25 |
Current Active Listings
As of this report, there are 52 active listings in Cerritos with a median asking price of $1,199,999 and an average of 49 days on market.
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