City:

Cerritos, CA

Cerritos is a city in the state of california with a population of roughly 50,589. It is in Los Angeles County, California the Los Angeles-Long Beach-Anaheim, CA core-based statistical areas (CBSA), and the Los Angeles-Long Beach, CA combined statistical area (CSA).Its Zip codes include 90703 .

Trends in Home Prices in Cerritos, CA

Cerritos, California is a city located in the Los Angeles metropolitan area. The population of Cerritos was estimated to be just over 200,000 as of the 2010 census. The city is located about 20 miles east of downtown Los Angeles and is bisected by the Santa Fe Freeway.

Real estate in Cerritos has seen strong growth in recent years, with prices for homes and condos reaching all-time highs. This has been fueled by a strong economy and increasing demand from both local and out-of-state residents. There are a variety of real estate options available in Cerritos, including single family homes, townhomes, apartments, and commercial properties.

The average price for a home in Cerritos was $269,000 as of September 2016. Condo prices averaged $236,000 per unit during that same period. Sales volumes have been consistently high over the past few years, with more than 1,500 transactions taking place during 2016 alone. Demand appears to be continuing to grow in Cerritos thanks to its many benefits: easy access to major highways and airports; excellent schools; low crime rates; and plenty of amenities (including shopping centers, restaurants, recreation facilities).

Price Index: Los Angeles-Long Beach-Glendale, CA (MSAD)

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