Sales Fall in Cerritos Real Estate Market

Home sales in the Cerritos market stayed soft in this week's report as they dropped 10.0% to 18 homes sold over the last 30 days. On the other hand, close-by Long Beach registered 286 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $592,475 over the latest reporting period for Cerritos, up from $573,500. With only two months of inventory to sell, Cerritos is a definite seller's market, in spite of the dip in sales.

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Get started right now by checking out Cerritos homes for sale or reviewing Cerritos real estate trends.

Demographic facts for Cerritos:

  • The percentage of people who own their homes is 80.2%.
  • The students per teacher ratio in this area is 22.8:1. (15.3:1 = national average)

Data reported through 1/11/2017

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