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Market Pulse

El Cerrito market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Sale price vs asking

SALE PRICE VS ASKINGEl CerritoCondos · March 2026Only 0% of El Cerrito condos sold overasking, so buyers have room tonegotiate.100.0%average sale price vs. asking priceSold over asking0%vs. a year ago+0 pts105.5%102.0%98.6%Sold at asking price100.0%Aug 2021Feb 2023Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The negotiation gap

THE NEGOTIATION GAPEl CerritoCondos · October 2025The typical El Cerrito condo closes+2.0% above its asking price.-$389Kmedian sale price minus asking priceMedian asking price$899KMedian sale price$510K$962K$743K$523KSoldAskingAug 2021May 2022Oct 2025Generated by ListingCopilot.ioSource: Redfin housing market data

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Median sale price

MEDIAN SALE PRICEEl CerritoCondos · March 2026El Cerrito condo values dipped -15.7%from a year ago.$489Kmedian sale priceYear over year-15.7%Homes sold last month2$835K$645K$456K$489KMay 2015May 2021Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLEl CerritoCondos · March 2026The typical El Cerrito condo goespending in 68 days, 46 days slower thanlast year.68 daysmedian time to pendingGone within two weeksN/Avs. a year ago46 days slower236d158d79d68dAug 2021Feb 2023Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSEl CerritoCondos · January 2026El Cerrito buyers have 1 active condosto choose from.1active listingsYear over yearN/AMonths of supply1.08521Aug 2021Aug 2022Jan 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Price cuts

PRICE CUTSEl CerritoCondos · October 20231 in 2 El Cerrito listings cut itsasking price last month.100%of active listings cut their asking pricevs. a year agoN/AActive listings158%42%26%100%Oct 2021May 2022Oct 2023Generated by ListingCopilot.ioSource: Redfin housing market data

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The two-speed market

THE TWO-SPEED MARKETEl CerritoCondos · October 2025Only 0% of El Cerrito condos wentpending within two weeks. Most listingsare taking their time.0%of listings went pending within two weeksMedian time to pending28 daysvs. a year agoN/A68%42%15%Half of listings0%Aug 2021Aug 2022Oct 2025Generated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEEl CerritoCondos · March 2026El Cerrito condo values are up +15% overthe past 10 years.+15%median sale price growth since 2016Median price in 2016$425KAverage gain per year+1.4%$772K$607K$442K$489KMay 2015May 2021Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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