From July through September of 2019, there were 102 homes sold, with a median sale price of $329,500 - a 8% increase over the $305,000 median sale price for the same period of the previous year. There were 175 homes sold in Cathedral City in the third quarter of 2018.
The median sales tax in Cathedral City for the most recent year with available data, 2016, was $3,058, approximately 0.9% of the median home sale price for the third quarter of 2019.
The following table compares Cathedral City to other Riverside County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeview | 3 | 4 | -25% | $360,000 | $474,772.50 | -24.2% |
| Palm Desert | 312 | 483 | -35.4% | $355,000 | $324,000 | 9.6% |
| Beaumont | 119 | 196 | -39.3% | $342,000 | $331,500 | 3.2% |
| Moreno Valley | 307 | 594 | -48.3% | $340,000 | $330,000 | 3% |
| Perris | 118 | 261 | -54.8% | $335,000 | $325,000 | 3.1% |
| Cathedral City | 102 | 175 | -41.7% | $329,500 | $305,000 | 8% |
| Homeland | 1 | 10 | -90% | $320,000 | $322,500 | -0.8% |
| Indio | 183 | 310 | -41% | $318,500 | $325,000 | -2% |
| San Jacinto | 127 | 202 | -37.1% | $298,000 | $290,000 | 2.8% |
| Cherry Valley | 9 | 15 | -40% | $295,000 | $300,000 | -1.7% |
| Lakeland Village | 11 | 18 | -38.9% | $277,000 | $308,772.50 | -10.3% |
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