Is Cerritos, CA 90703 a buyer’s or seller’s market?

The Cerritos housing market right now

In the three months ending August 31, 2026, 51% of homes in Cerritos, CA 90703 sold above their list price, the typical home went under contract in 31 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 54%, homes sold about as fast and the median sale price rose 9% to $1,248,460. Overall, Cerritos is about as competitive as it was a year ago.

Within Los Angeles County, homes here sell faster than in 95% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Cerritos ranks #146 of 1,069 CA ZIP codes with enough sales (score 83 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.