The median sale price of a home sold in 2019 in Cathedral City rose by $22,250 while total sales decreased by 37.2%, according to BlockShopper.com.
From January through December of 2019, there were 456 homes sold, with a median sale price of $325,000 - a 7.3% increase over the $302,750 median sale price for the previous year. There were 726 homes sold in Cathedral City in 2018.
The median sales tax in Cathedral City for the most recent year with available data, 2016, was $3,061, approximately 0.9% of the median home sale price for 2019.
The following table compares Cathedral City to other Riverside County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palm Desert | 1,495 | 2,163 | -30.9% | $349,000 | $335,000 | 4.2% |
| Menifee | 1,141 | 1,694 | -32.6% | $347,500 | $340,000 | 2.2% |
| Beaumont | 429 | 670 | -36% | $338,000 | $326,250 | 3.6% |
| Moreno Valley | 1,277 | 2,139 | -40.3% | $335,000 | $325,000 | 3.1% |
| Perris | 526 | 925 | -43.1% | $328,500 | $315,000 | 4.3% |
| Cathedral City | 456 | 726 | -37.2% | $325,000 | $302,750 | 7.3% |
| Homeland | 9 | 22 | -59.1% | $320,000 | $330,000 | -3% |
| Indio | 778 | 1,299 | -40.1% | $314,000 | $313,000 | 0.3% |
| Idyllwild-Pine Cove | 82 | 185 | -55.7% | $310,000 | $310,000 | 0% |
| Colton | 10 | 10 | 0% | $310,000 | $501,000 | -38.1% |
| San Jacinto | 513 | 759 | -32.4% | $295,000 | $280,000 | 5.4% |
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