El Cerrito Annual Real Estate Trends

El Cerrito
(Single Family Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $477,878 $458,000 240 38 102.8%      
2013 $610,499 $595,000 228 23 108.8% 27.8% 29.9% -5.0%
2014 $718,780 $685,000 221 23 109.4% 17.7% 15.1% -3.1%
2015 $765,684 $753,500 200 18 112.3% 6.5% 10.0% -9.5%
2016 $821,096 $800,000 212 24 111.6% 7.2% 6.2% 6.0%
2017 $939,370 $895,000 222 21 112.7% 14.4% 11.9% 4.7%
2018 $993,137 $950,500 198 20 114.3% 5.7% 6.2% -10.8%
2019 $1,001,631 $925,000 205 21 116.1% 0.9% -2.7% 3.5%
2020 $1,070,538 $992,500 167 19 114.7% 6.9% 7.3% -18.5%
2021 $1,297,126 $1,275,500 244 15 125.7% 21.2% 28.5% 46.1%
2022 $1,373,012 $1,300,000 166 17 124.0% 5.9% 1.9% -32.0%
2023 $1,200,243 $1,170,000 163 23 113.7% -12.6% -10.0% -1.8%
2024 $1,253,808 $1,200,000 181 21 119.2% 4.5% 2.6% 11.0%

El Cerrito
(Condos/Town Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $282,375 $295,000 8 52 101.5%      
2013 $328,013 $343,563 10 32 99.4% 16.2% 16.5% 25.0%
2014 $424,500 $409,500 4 16 109.7% 29.4% 19.2% -60.0%
2015 $556,737 $518,000 19 27 105.3% 31.2% 26.5% 375.0%
2016 $533,555 $500,000 21 17 109.1% -4.2% -3.5% 10.5%
2017 $577,571 $548,500 14 24 110.1% -19.9% -22.8% -92.1%
2018 $639,985 $590,000 9 22 112.2% 10.8% 7.6% -35.7%
2019 $690,267 $675,000 15 40 103.4% 7.9% 14.4% 66.7%
2020 $733,373 $750,000 23 51 101.6% 6.2% 11.1% 53.3%
2021 $816,407 $852,500 28 30 105.7% 11.3% 13.7% 21.7%
2022 $838,353 $850,000 17 70 103.4% 2.7% -0.3% -39.3%
2023 $777,962 $695,000 13 55 102.7% -7.2% -18.2% -23.5%
2024 $741,100 $717,500 15 34 102.0% -4.7% 3.2% 15.4%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

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