Real Estate Market Update for Cerritos, CA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 67% from one year earlier, and down 4% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 690-thousand dollars. The number of units sold increased 13% year-over-year, and decreased 23% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Cerritos, CA

Area Information for Cerritos, CA
  • Population: 49,923
  • Median Age: 45.35 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 5,721/sq mi
  • Population Change Since 2000: -3.17%
  • Closest Airport: Long Beach (daugherty Field)
  • Closest College: Fremont College
  • Closest Jr. College: Cerritos College
  • Median Household Income: $107,756
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $883,000
  • Closest Major Sports Team: Los Angeles Angels
  • Change Avg. Household Income Since 2000: 52.5%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cerritos, CA
Median Age: 45.35 Married: 49% Number of Households: 15,817 Households with Children: 4,539
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Cerritos, CA

      School Name Distance Type Grades School Rating
      Leal (frank C.) Elementary School 0.3 mi Public K-6 5
      Carver (charles J.) Elementary School 0.5 mi Public PRESCHOOL-6 4
      Cerritos High School 0.5 mi Public 9-12 5
      William F Elliott Elementary School 0.7 mi Public K-6 4
      Martin B Tetzlaff Middle School 1.0 mi Public 7-8 4
      Nixon (patricia) Elementary School 1.0 mi Public PRESCHOOL-6 4
      Steve Luther Elementary 1.0 mi Public PRESCHOOL-6 4
      Kennedy Stem Academy 1.0 mi Public K-6 4
      Our Lady Of Fatima 1.1 mi Catholic PRESCHOOL-8 0
      Cerritos Elementary School 1.2 mi Public K-6 5
      Faye Ross Middle School 1.2 mi Public 7-8 3
      Wittmann (helen) Elementary School 1.3 mi Public K-6 5
      Los Coyotes Elementary School 1.3 mi Public K-6 5
      Gretchen Whitney High School 1.3 mi Public 7-12 5
      Stowers(cecil B.) Elementary School 1.4 mi Public K-6 4
      Abc Adult School 1.5 mi Public UNGRADE-UNGRADE 0
      Wilbur Tracy High (cont.) 1.5 mi Public 10-12 1
      Benito Juarez Elementary 1.5 mi Public K-6 2
      Bragg Elementary School 1.6 mi Public K-6 4
      Stepping Stones Christian School 1.7 mi Private PRESCHOOL-PRESCHOOL 0
      Luther Burbank Elementary 1.7 mi Public K-6 3
      La Palma Christian School 1.7 mi Private PRESCHOOL-12 0
      George B. Miller Elementary School 1.7 mi Public PRESCHOOL-6 5
      Beacon Day School 1.7 mi Private K-12 0
      Carmenita Middle School 1.7 mi Public 7-8 5
      Abc Secondary (alternative) School 1.7 mi Public 7-12 1
      Walker Junior High School 1.8 mi Public 7-8 4
      Joe A Gonsalves Elementary School 1.8 mi Public PRESCHOOL-6 5
      John F. Kennedy High School 1.8 mi Public 9-12 4
      Pliny Fisk Haskell Middle School 1.8 mi Public 7-8 4
      John H. Niemes Elementary 2.0 mi Public PRESCHOOL-6 2
      Richard Gahr High School 2.3 mi Public 9-12 4
      Valley Christian Middle School 2.5 mi Private 7-8 0
      Valley Christian High School 2.6 mi Private 9-12 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Cerritos, CA
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.