If you’re thinking about buying or selling a townhome or condominium in Cerritos, it’s important to understand that this segment of the housing market often behaves differently than the single-family home market.
While detached homes typically receive the most attention, condos and townhomes play an important role by providing more affordable homeownership opportunities, attracting first-time buyers, downsizers, and investors alike.
So, how did the Cerritos townhome and condo market perform during the first half of 2026?
Let’s take a closer look at the numbers and what they could mean moving into the second half of the year.
This report focuses exclusively on Cerritos condominiums and townhomes. Single-family homes are not included, as they represent a different segment of the local housing market.
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Inventory continues to be one of the biggest drivers of any real estate market.
During the first half of 2026, only 24 townhomes and condominiums were listed for sale in Cerritos.
With only a handful of new listings entering the market each month, buyers had relatively few opportunities to choose from.
Limited inventory generally helps support property values while creating more competition for well-priced homes.
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Pending sales provide one of the best indicators of current buyer demand because they represent homes that have accepted offers.
During the first half of the year, 15 townhomes and condos went under contract.
Although pending sales fluctuated from month to month, buyers continued making offers throughout the first half of the year.
Considering the limited number of homes entering the market, buyer activity remained relatively consistent.
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A total of 16 townhomes and condos closed escrow during the first half of 2026.
Because there were no closed sales in June, there were no average sales price, days on market, or sale-to-list price statistics reported for that month.
That doesn’t necessarily indicate weakening demand. Closed sales often reflect contracts written several weeks earlier, and monthly totals can fluctuate significantly in a smaller market segment like Cerritos condos and townhomes.
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For the months in which sales occurred, marketing times improved dramatically as the spring market developed.
The improvement from 49 days in February to just 6 days in May is noteworthy.
That trend suggests that properly priced townhomes and condos attracted buyers much more quickly as the market strengthened during the spring.
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Another encouraging statistic is how close sellers came to receiving their asking price.
Beginning in April, sellers received more than their original asking price on average, with May averaging an impressive 109.2%.
While the number of transactions was relatively small, these figures suggest that buyers were willing to compete for desirable, well-priced homes.
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Average sales prices remained relatively stable throughout the first five months of the year.
These monthly averages reflect the mix of homes that sold, including differences in size, location, upgrades, and condition.
Rather than focusing on one month’s average, it’s more helpful to view the overall trend.
The first half of 2026 shows that the Cerritos condo and townhome market continued to demonstrate stable pricing despite limited inventory.
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If you’re considering selling your Cerritos townhome or condominium, the market continues to present opportunities.
Inventory remains limited.
Well-prepared homes have been selling quickly.
Recent sales have shown buyers willing to pay at or above asking price for desirable properties.
That doesn’t mean every home will sell immediately.
Today’s buyers compare listings carefully, paying close attention to condition, upgrades, HOA amenities, location, and value relative to competing properties.
Preparing your home before listing, pricing it strategically, and marketing it professionally remain essential to attracting the strongest offers.
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For buyers, patience and preparation remain important.
The number of available townhomes and condos in Cerritos continues to be relatively small, meaning attractive properties may not stay on the market for long.
Having financing in place before you begin your search can help you act confidently when the right property becomes available.
It’s also important to remember that every community, HOA, and floor plan offers different advantages.
Working with someone who understands the Cerritos condo and townhome market can help you recognize value and avoid missing opportunities.
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As we move into the second half of the year, several factors will be worth watching.
Will more homeowners decide to list their townhomes and condos?
Will buyer demand remain steady as mortgage rates fluctuate?
Will inventory continue to remain limited?
If inventory stays low, well-maintained and competitively priced properties are likely to continue attracting strong interest.
While month-to-month statistics may fluctuate because of the relatively small number of sales, the overall market continues to show healthy buyer activity and stable values.
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Remember that every property is unique.
The value of your townhome or condominium depends on much more than neighborhood averages.
Factors such as the property’s condition, upgrades, floor plan, location within the community, HOA amenities, and recent comparable sales all influence market value.
If you’d like a complimentary personalized home value report, I’d be happy to prepare one based on your property’s unique features and the latest comparable sales in your community.
Whether you’re planning to sell this year, purchase your next home, or simply want to understand your property’s current value, feel free to reach out anytime.
I’d be happy to help.
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Yes. During the first half of 2026, 16 Cerritos townhomes and condominiums closed escrow, showing that buyers continue to purchase these properties despite limited inventory.
Limited inventory, quicker selling times during the spring, and sellers receiving at or above asking price in recent months suggest favorable conditions for many condo and townhome sellers. The best timing depends on your property and goals.
Marketing times improved significantly during the first half of 2026, decreasing from 49 days in February to just 6 days in May for homes that closed during those months.
Overall, yes. While monthly average prices vary depending on the mix of homes sold, the first half of 2026 showed relatively stable pricing for townhomes and condominiums.
A personalized home value report based on your property’s location, floor plan, upgrades, HOA amenities, condition, and recent comparable sales provides the most accurate estimate.
CHRISTINE ALMARINES
Real Estate Agent | CA Real Estate Group | Caliber Real Estate
📱 714-476-4637
📧 christine@carealestategroup.com
DRE #01412944
Christine Almarines is a top real estate agent in Buena Park and Cerritos helping homeowners sell in Orange County and Los Angeles County.
If you’re wondering what’s happening in the Cerritos real estate market, June provided some encouraging signs for both homeowners and buyers. While national housing headlines often paint a broad picture, the local market here in Cerritos continues to tell its own story.
The June data shows that inventory remained limited, buyers stayed active, and well-priced homes continued to sell quickly. Whether you’re thinking about buying your first home, upgrading, downsizing, or selling your current property, understanding these local trends can help you make informed decisions.
This report focuses on single-family homes in Cerritos only. Condominiums and townhomes are not included, as they often follow different pricing trends and market conditions.
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Here’s how the Cerritos single-family housing market performed in June:
These numbers paint the picture of a market that continues to move at a healthy pace.
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One of the first things buyers notice when searching for a home is how many properties are available.
In June, only 18 new single-family homes came on the market.
For a community as desirable as Cerritos, that’s still a relatively limited number of new opportunities for buyers.
Limited inventory generally means buyers have fewer homes to choose from, especially if they’re looking for a specific neighborhood, school district, or floor plan.
For homeowners considering selling, fewer competing listings can work in your favor, particularly if your home is well-prepared and priced appropriately.
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Another encouraging sign is buyer activity.
During June, 19 homes went under contract, slightly exceeding the number of new listings that entered the market.
When pending sales keep pace with—or even outnumber—new listings, it’s often a sign that buyer demand remains healthy.
Rather than sitting on the sidelines, buyers continue to move forward when the right home becomes available.
This tells us that qualified buyers are still watching the market closely and are ready to act when they find a home that meets their needs.
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Perhaps the biggest story from June is how quickly homes are selling.
The average days on market dropped to just 13 days.
That’s a strong indicator that buyers are making decisions relatively quickly.
When a home is priced appropriately, marketed effectively, and presented in excellent condition, it may not stay available for long.
For buyers, this means preparation is important.
Waiting several days to schedule a showing or delaying an offer on a desirable property could result in missing an opportunity.
For sellers, shorter marketing times often translate into more momentum and stronger buyer interest during the first few weeks after listing.
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June also showed that buyers remain willing to compete for desirable homes.
The average seller received 102.6% of the original asking price.
In other words, the average home sold for more than its original list price.
While every property is unique, this statistic suggests that buyers continue to recognize value and are willing to submit competitive offers when inventory is limited.
It also reinforces the importance of strategic pricing.
Homes that are priced correctly from the beginning often generate more interest than homes that enter the market priced too aggressively.
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The average sales price in June reached $1,292,694, reflecting the continued strength of the Cerritos housing market.
It’s important to remember that average sales prices naturally fluctuate from month to month because each month’s sales include different homes with varying sizes, locations, lot sizes, and levels of updating.
Rather than focusing on a single number, it’s more useful to view the overall trend.
June continues to demonstrate that Cerritos remains one of Southern California’s most desirable communities, with strong buyer demand supporting home values.
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If you’ve been asking yourself, “Is it a good time to sell my home in Cerritos?”, June’s data offers several positive indicators.
With only 18 new listings entering the market and homes averaging just 13 days on market, buyers continue to compete for quality homes.
That doesn’t mean every home will automatically sell quickly.
Today’s buyers are informed.
Before scheduling a showing, they’re comparing photos, researching neighborhoods, reviewing school information, and evaluating recent comparable sales.
That’s why preparation matters.
A successful sale starts with:
The first week on the market often generates the most attention, making a strong launch especially important.
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Many buyers are asking another important question:
“Is now a good time to buy a home in Cerritos?”
The answer depends on your financial goals and long-term plans, but June’s numbers provide some useful insight.
Homes are selling quickly, which means buyers should be prepared before beginning their search.
Having a mortgage pre-approval, understanding your budget, and knowing what features matter most can help you move confidently when the right property becomes available.
The goal isn’t necessarily to predict exactly where mortgage rates or home prices will go next.
Instead, it’s about being ready when an opportunity presents itself.
Prepared buyers often have the greatest advantage in a competitive market.
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As we move into the second half of 2026, several trends will be worth watching.
If June is any indication, the Cerritos single-family housing market continues to show healthy fundamentals.
Limited inventory, active buyers, quick selling times, and strong sale-to-list price ratios all point toward a market that remains competitive.
While every month brings new opportunities and challenges, buyers and sellers who prepare in advance will be in the strongest position to achieve their goals.
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Keep in mind that this report reflects overall market activity for single-family homes only.
Every home is different.
The value of your property depends on factors such as its location, lot size, floor plan, upgrades, remodeling, and overall condition.
That’s why online estimates should only be used as a starting point.
If you’d like a complimentary personalized home value report, I’d be happy to prepare one based on your home’s unique features and the most recent comparable sales in your neighborhood.
Whether you’re considering selling this year or simply want to know what your home is worth in today’s market, feel free to reach out anytime. I’d be happy to help.
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Whether you’re thinking about buying, selling, or simply planning ahead, understanding your home’s current value is an important first step.
Is it a good time to sell a home in Cerritos in 2026?
The first half of 2026 shows homes selling faster than earlier in the year, with many sellers receiving their full asking price or more. Whether it’s the right time for you depends on your goals, your home’s condition, and your next move.
Is it a good time to buy a home in Cerritos in 2026?
Many buyers continue to purchase homes in Cerritos because demand remains steady and desirable homes sell quickly. The right time to buy depends on your financial readiness and long-term plans rather than trying to predict short-term market changes.
How long are homes taking to sell in Cerritos?
Average days on market improved from 43 days in January to 13 days in June, showing that well-priced homes are attracting buyers quickly.
How can I find out what my Cerritos home is worth?
A personalized home value report based on recent comparable sales, your home’s condition, location, and upgrades provides a much more accurate estimate than automated online valuation tools.
CHRISTINE ALMARINES
Real Estate Agent | CA Real Estate Group | Caliber Real Estate
📱 714-476-4637
📧 christine@carealestategroup.com
DRE #01412944
Christine Almarines is a top real estate agent in Buena Park and Cerritos helping homeowners sell in Orange County and Los Angeles County.
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