Cerritos Housing Market Report – March 2026

Here's a look at how the Cerritos, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 21
Median Sale Price: $1,150,000
Average Sale Price: $1,117,698
Average Price Per Sq Ft: $621
Average Days on Market: 48
Sale-to-List Price Ratio: 104.0%

Month-Over-Month Trends

Compared to February, the median sale price in Cerritos moved 5.2% down (from $1,212,500 to $1,150,000). The number of homes sold was 16.7% up compared to the prior month (18 vs. 21). Average days on market shifted 23.8% down (63 days to 48 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 21.1% up (from $950,000 to $1,150,000). Sales volume is 0.0% down year-over-year.

What This Means

Cerritos is showing some interesting mixed signals this March. Sales activity picked up nicely with 21 homes sold, a 16.7% jump from February, which suggests spring is doing its job of getting buyers off the sidelines. However, that month-over-month dip in median price—down 5.2% to $1.15 million—hints that this increased activity might be coming from buyers shopping lower in the price range rather than a broad market surge. The good news is homes are moving faster, with days on market dropping from 63 to 48, and sellers are still getting above asking at a 104% sale-to-list ratio, indicating genuine demand.

The year-over-year picture is much stronger. At $1.15 million median, prices are up a healthy 21.1% compared to March 2025, showing solid long-term appreciation. That said, the inventory situation bears watching. With 33 active listings on the market averaging 42 days and asking $1.35 million, there's a noticeable gap between what sellers want and what's actually moving. Single-family homes dominate the sales mix, which makes sense in Cerritos. Overall, this looks like a normal spring market with decent momentum, but not explosive growth—stable, if unspectacular.

Cerritos Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
90703	21	$1,150,000	$621	48

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	16	$1,285,000	$625
CONDOS	3	$558,000	$609
TOWNHOMES	2	$548,000	$607

Sales by Price Range

Price Range	Homes Sold
$500K - $749K	5
$750K+	16

Current Active Listings

As of this report, there are 33 active listings in Cerritos with a median asking price of $1,349,000 and an average of 42 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 the Central Valley — get a no-obligation cash offer today.