Is El Cerrito, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing El Cerrito is a seller's market


Difference Since May 2022

Since last year, El Cerrito has remained a Seller's Market.

Key Takeaway

El Cerrito is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in El Cerrito, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in El Cerrito have sold for 1.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $495K$771K
2 $1.0M$918K
3 $1.2M$1.2M
4 $1.5M$1.6M
5+ $1.6M$1.6M

Median Sold Price Compared To Nearby Cities

El Cerrito
West Contra Costa

How many homes are available in El Cerrito, CA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 1011
3 1314
4 58
5+ 25

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in El Cerrito, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

How long does it take to sell a home in El Cerrito, CA?

How long does it take to sell a home in El Cerrito, CA?

Average Sale Time

May 2022May 2023%
12 Days17 Days+41.0%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in El Cerrito are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near El Cerrito, CA?

About El Cerrito, CA

Number of homes for sale in El Cerrito, CA real estate market have reached 38. Between April 2023 and May 2023, El Cerrito, CA real estate market has seen increase in the number of listings by 26.7%. In May 2023 median list price was $1,227,500 and the average listing age was 17 days. Listing prices have changed in this real estate market between April 2023 and May 2023: prices of 1 bedroom properties went up by 55.8%, the cost of 2 bedrooms properties went down by 10%, prices of 3 bedrooms properties went down by 4.8%, prices of 4 bedrooms properties increased by 3.7%, the cost of 5 bedrooms properties went down by 0.2%. This housing market inventory have changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went up by 10%, volume of 3 bedrooms homes went up by 7.7%, volume of 4 bedrooms homes went up by 60%, 5 bedrooms homes became 150% more available. In May 2023 more than 14 listings in El Cerrito, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.