Cerritos, CA Housing Market
The Cerritos housing market is very competitive. Homes in Cerritos receive 5 offers on average and sell in around 13 days. The median sale price of a home in Cerritos was $1.1M last month, up 12.5% since last year. The median sale price per square foot in Cerritos is $628, up 28.4% since last year.
Cerritos Housing Market Trends
In March 2024, Cerritos home prices were up 12.5% compared to last year, selling for a median price of $1.1M. On average, homes in Cerritos sell after 13 days on the market compared to 27 days last year. There were 7 homes sold in March this year, down from 12 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 2% above list price and go pending in around 16 days.
- Hot homescan sell for about 6% above list price and go pending in around 7 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 around list price and go pending in around 35 days.
- Hot homescan sell for about 4% above list price and go pending in around 18 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 2% above list price and go pending in around 22 days.
- Hot homescan sell for about 6% above list price and go pending in around 11 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.
- 80% 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 | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
Home offer insights for Cerritos
Recent offers
View houses in Cerritos that sold recently
Recently sold homes
- $1,110,000 Last Sold Price3 beds2 baths1,305 sq ft19530 Sheryl Ave, Cerritos, CA 90703List Price$1,100,000Sale to List1% over listDays on Market30 days19530 Sheryl Ave, Cerritos, CA 90703
- $917,000 Last Sold Price3 beds2 baths1,637 sq ft6309 Hungerford St, Lakewood, CA 90713List Price$879,900Sale to List4% over listDays on Market28 days6309 Hungerford St, Lakewood, CA 90713
- $1,305,000 Last Sold Price4 beds3 baths1,957 sq ft17827 Caliente Cir, Cerritos, CA 90703List Price$1,299,000Sale to List0% over listDays on Market77 days17827 Caliente Cir, Cerritos, CA 90703
- $1,430,000 Last Sold Price5 beds3 baths2,274 sq ft17303 Morningrain Ave, Cerritos, CA 90703List Price$1,299,000Sale to List10% over listDays on Market38 days17303 Morningrain Ave, Cerritos, CA 90703
- $750,000 Last Sold Price3 beds2.5 baths1,656 sq ft16018 Clearbrook Ln, Cerritos, CA 90703Pacific Investment GroupList Price$749,000Sale to List0% over listDays on Market26 days16018 Clearbrook Ln, Cerritos, CA 90703
- $850,000 Last Sold Price3 beds2 baths1,192 sq ft6323 South St, Lakewood, CA 90713List Price$819,000Sale to List4% over listDays on Market19 days6323 South St, Lakewood, CA 90713
- $960,000 Last Sold Price5 beds2 baths1,536 sq ft19627 Wiersma Ave, Cerritos, CA 90703CENTURY 21 CITRUS REALTY INCList Price$968,888Sale to List1% under listDays on Market—19627 Wiersma Ave, Cerritos, CA 90703
- $1,300,000 Last Sold Price5 beds3 baths2,113 sq ft5021 Andrew Dr, La Palma, CA 90623List Price$1,299,999Sale to List0% over listDays on Market28 days5021 Andrew Dr, La Palma, CA 90623
See all recently sold homes in Cerritos.
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Schools in Cerritos
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Nixon (patricia) Elementary School Public • K-6 | 785 Students | 18 reviews |
9/10 Wittmann (helen) Elementary School Public • K-6 | 620 Students | 15 reviews |
9/10 Leal (frank C.) Elementary School Public • K-6 | 766 Students | 14 reviews |
8/10 Cerritos Elementary School Public • K-6 | 673 Students | 9 reviews |
8/10 Bragg Elementary School Public • K-6 | 655 Students | 4 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.
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Fire Factor - Moderate
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Wind Factor - Minimal
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Heat Factor - Major
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Transportation in Cerritos
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