Cerritos Housing Market Report – June 2026
Here's a look at how the Cerritos, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 20
- Median Sale Price: $1,267,500
- Average Sale Price: $1,250,675
- Average Price Per Sq Ft: $707
- Average Days on Market: 44
- Sale-to-List Price Ratio: 103.0%
Month-Over-Month Trends
Compared to May, the median sale price in Cerritos moved 8.1% up (from $1,172,500 to $1,267,500). The number of homes sold was 0.0% down compared to the prior month (20 vs. 20). Average days on market shifted 8.3% down (48 days to 44 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 8.3% up (from $1,170,000 to $1,267,500). Sales volume is 13.0% down year-over-year.
What This Means
Cerritos continues to show solid momentum heading into summer, with prices climbing steadily despite modest sales activity. The median price reached $1,267,500 in June, marking an 8.1% jump from May and maintaining year-over-year gains of 8.3%. What's particularly encouraging is that homes are selling above asking—hitting a 103% sale-to-list ratio—suggesting genuine buyer demand even in this mid-to-upper price range. The market is also tightening slightly, with homes now spending just 44 days on market compared to 48 days a month ago.
The 53 active listings currently available represent a relatively balanced inventory for a market this size, though buyers still have limited options. Homes priced around $1.25 million are moving reasonably well, indicating that the sweet spot for Cerritos remains in the low-to-mid million range. The year-over-year sales decline appears modest and likely reflects normal seasonal variation rather than cooling demand. Overall, this is a healthy market for sellers—prices are appreciating, homes are moving faster, and they're commanding premiums over list price.
Cerritos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90703 | 20 | $1,267,500 | $707 | 44 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 20 | $1,267,500 | $707 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 20 |
Current Active Listings
As of this report, there are 53 active listings in Cerritos with a median asking price of $1,250,000 and an average of 45 days on market.
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