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El Cerrito market insights

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

Monthly market wrap

MONTHLY MARKET WRAPEl CerritoSingle-family homes · 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%+17 pts vs AprActive listings18-5.3% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGEl CerritoSingle-family homes · May 2026Bidding wars are the norm in El Cerrito:100% of SFHs sold over asking.135.2%average sale price vs. asking priceSold over asking100%vs. a year ago+18 pts122.8%113.9%105.0%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 CerritoSingle-family homes · May 2026El Cerrito SFHs are closing +35.2% aboveasking. The list price is the floor, notthe ceiling.+$401Kmedian sale price minus asking priceMedian asking price$875KMedian sale price$1.27M$1.44M$1.22M$998KSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEEl CerritoSingle-family homes · May 2026El Cerrito SFH values edged up +4.1%year over year.$1.27Mmedian sale priceYear over year+4.1%Homes sold last month14$1.35M$1.17M$990K$1.27MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLEl CerritoSingle-family homes · May 2026El Cerrito SFHs are flying off themarket in 13 days, 2 days faster thanlast year.13 daysmedian time to pendingGone within two weeks50%vs. a year ago2 days faster24d16d8d13dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSEl CerritoSingle-family homes · May 2026El Cerrito inventory is up 5.9% yearover year, a steadier supply picture forSFHs.18active listingsYear over year+5.9%Months of supply1.32014718Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Buying or selling in El Cerrito?

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Price cuts

PRICE CUTSEl CerritoSingle-family homes · May 202617% of El Cerrito listings cut theirasking price last month, down 13 ptsfrom a year ago.17%of active listings cut their asking pricevs. a year ago-13 ptsActive listings1824%19%13%17%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETEl CerritoSingle-family homes · May 2026El Cerrito moves at two speeds: 50% ofSFHs were gone inside two weeks whilethe rest sat longer.50%of listings went pending within two weeksMedian time to pending13 daysvs. a year ago+3 pts55%41%26%Half of listings50%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYEl CerritoSingle-family homes · May 2026January is historically El Cerrito'scalmest month for buyers: 9.2 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-9.2 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-5.0 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 CerritoSingle-family homes · May 2026A El Cerrito SFH bought in 2016 hasgained +57% in value since.+57%median sale price growth since 2016Median price in 2016$814KAverage gain per year+4.6%$1.21M$1.04M$867K$1.27MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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