Cerritos, CA Housing Market
The Cerritos housing market is very competitive. Homes in Cerritos receive 4 offers on average and sell in around 16 days. The median sale price of a home in Cerritos was $1.1M last month, up 12.2% since last year. The median sale price per square foot in Cerritos is $636, up 10.5% since last year.
Cerritos Housing Market Trends
In April 2024, Cerritos home prices were up 12.2% compared to last year, selling for a median price of $1.1M. On average, homes in Cerritos sell after 16 days on the market compared to 42 days last year. There were 18 homes sold in April this year, up from 13 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cerritos housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 22 days.
- Hot homescan sell for about 8% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 33 days.
- Hot homescan sell for about 4% above list price and go pending in around 17 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 26 days.
- Hot homescan sell for about 6% above list price and go pending in around 12 days.
Cerritos Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Cerritos from outside metros.
- San Francisco homebuyers searched to move into Cerritos more than any other metro followed by New York and Seattle.
- 79% of Cerritos homebuyers searched to stay within the Cerritos metropolitan area.
- San Diego was the most popular destination among Cerritos homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,710 | ||
2 | 1,664 | ||
3 | 544 | ||
4 | 476 | ||
5 | 10 | ||
6 | 8 | ||
7 | 7 | ||
8 | 6 | ||
9 | 5 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 12,011 | ||
2 | 6,396 | ||
3 | 4,013 | ||
4 | 3,719 | ||
5 | 2,588 | ||
6 | 1,943 | ||
7 | 1,932 | ||
8 | 1,480 | ||
9 | 1,439 | ||
10 | 1,371 |
Home offer insights for Cerritos
Recent offers
- Offer Not Accepted|4 Weeks Ago~$850K OfferSold for $900K3 bd | 2 ba | ~1,250 sqftOver List Price13%Days on Market13Competing Offers—Down Payment~20%
- Offer Not Accepted|6 Weeks Ago~$700K OfferSold for $700K2 bd | 3 ba | ~1,500 sqftOver List Price1%Days on Market20Competing Offers5Down Payment~30%
- Offer Not Accepted|7 Weeks Ago~$1M OfferSold for $1M3 bd | 2 ba | ~1,250 sqftOver List Price2%Days on Market6Competing Offers—Down Payment~20%
View houses in Cerritos that sold recently
Recently sold homes
- $930,000 Last Sold Price3 beds2 baths1,104 sq ft17002 Jeanette Ave, Cerritos, CA 90703List Price$930,000Sale to List0% over listDays on Market79 days17002 Jeanette Ave, Cerritos, CA 90703
- $895,000 Last Sold Price3 beds2 baths1,535 sq ft10615 Ashworth St, Bellflower, CA 90706List Price$875,000Sale to List2% over listDays on Market58 days10615 Ashworth St, Bellflower, CA 90706
- $1,538,000 Last Sold Price4 beds3 baths2,371 sq ft17144 Leal Ave, Cerritos, CA 90703List Price$1,588,000Sale to List3% under listDays on Market34 days17144 Leal Ave, Cerritos, CA 90703
- $575,000 Last Sold Price2 beds1 bath875 sq ft11963 169th St, Artesia, CA 90701List Price$575,000Sale to List0% over listDays on Market111 days11963 169th St, Artesia, CA 90701
- $1,100,000 Last Sold Price3 beds2 baths1,431 sq ft19928 Meadows Ct, Cerritos, CA 90703List Price$1,075,000Sale to List2% over listDays on Market40 days19928 Meadows Ct, Cerritos, CA 90703
- $807,777 Last Sold Price3 beds2.5 baths1,808 sq ft16706 Newberry Ln, Cerritos, CA 90703List Price$789,000Sale to List2% over listDays on Market29 days16706 Newberry Ln, Cerritos, CA 90703
- $950,000 Last Sold Price3 beds2 baths1,326 sq ft20016 Jersey Ave, Lakewood, CA 90715List Price$949,900Sale to List0% over listDays on Market57 days20016 Jersey Ave, Lakewood, CA 90715
- $901,000 Last Sold Price4 beds2 baths1,416 sq ft13117 Droxford St, Cerritos, CA 90703List Price$950,000Sale to List5% under listDays on Market74 days13117 Droxford St, Cerritos, CA 90703
See all recently sold homes in Cerritos.
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Schools in Cerritos
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Wittmann (helen) Elementary School Public • K-6 | 575 Students | 17 reviews |
9/10 Cerritos Elementary School Public • K-6 | 634 Students | 9 reviews |
9/10 Carver (charles J.) Elementary School Public • K-6 | 604 Students | 10 reviews |
8/10 Stowers(cecil B.) Elementary School Public • K-6 | 607 Students | 11 reviews |
8/10 Gonsalves (joe A.) Elementary School Public • K-6 | 604 Students | 9 reviews |
Climate's impact on Cerritos housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cerritos.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Major
Heat Factor
Transportation in Cerritos
Walk Score®
Bike Score®
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