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Market Pulse

El Cerrito market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPEl CerritoAll home types · May 2026The El Cerrito market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$1.27M+19.7% vs AprTime to pending13d2 days faster vs AprSold over asking100%+14 pts vs AprActive listings23-4.2% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGEl CerritoAll home types · May 2026Bidding wars are the norm in El Cerrito:100% of homes sold over asking.135.2%average sale price vs. asking priceSold over asking100%vs. a year ago+18 pts121.9%113.4%104.8%Sold at asking price135.2%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPEl CerritoAll home types · May 2026El Cerrito homes are closing +35.2%above asking. The list price is thefloor, not the ceiling.+$401Kmedian sale price minus asking priceMedian asking price$875KMedian sale price$1.27M$1.41M$1.2M$992KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEEl CerritoAll home types · May 2026El Cerrito home values edged up +4.1%year over year.$1.27Mmedian sale priceYear over year+4.1%Homes sold last month14$1.29M$1.13M$974K$1.27MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLEl CerritoAll home types · May 2026El Cerrito homes are flying off themarket in 13 days, 2 days faster thanlast year.13 daysmedian time to pendingGone within two weeks48%vs. a year ago2 days faster27d18d9d13dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSEl CerritoAll home types · May 2026El Cerrito inventory is up 35.3% yearover year, so sellers have morecompetition.23active listingsYear over year+35.3%Months of supply1.625191223Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Buying or selling in El Cerrito?

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Price cuts

PRICE CUTSEl CerritoAll home types · May 202617% of El Cerrito listings cut theirasking price last month, down 12 ptsfrom a year ago.17%of active listings cut their asking pricevs. a year ago-12 ptsActive listings2323%18%12%17%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETEl CerritoAll home types · May 2026El Cerrito moves at two speeds: 48% ofhomes were gone inside two weeks whilethe rest sat longer.48%of listings went pending within two weeksMedian time to pending13 daysvs. a year ago+3 pts51%38%24%Half of listings48%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYEl CerritoAll home types · May 2026January is historically El Cerrito'scalmest month for buyers: 8.4 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-8.4 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-4.3 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEEl CerritoAll home types · May 2026A El Cerrito home bought in 2016 hasgained +59% in value since.+59%median sale price growth since 2016Median price in 2016$802KAverage gain per year+4.8%$1.18M$1.02M$859K$1.27MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Jason Zhao · BQ Group Inc

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