In December 2018, there were 42 homes sold, with a median sale price of $320,500 - a 10.3% increase over the $290,500 median sale price for the same period of the previous year. There were 68 homes sold in Cathedral City in December 2017.
The median sales tax in Cathedral City for the most recent year with available data, 2016, was $3,058, approximately 1% of the median home sale price for December 2018.
The following table compares Cathedral City to other Riverside County cities with similar median sales prices in December 2018:
| City | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Beaumont | 41 | 69 | -40.6% | $334,000 | $314,000 | 6.4% |
| Perris | 79 | 79 | 0% | $330,000 | $285,000 | 15.8% |
| Moreno Valley | 134 | 192 | -30.2% | $330,000 | $320,000 | 3.1% |
| Palm Desert | 128 | 189 | -32.3% | $325,000 | $315,000 | 3.2% |
| Indio | 99 | 104 | -4.8% | $320,500 | $287,250 | 11.6% |
| Cathedral City | 42 | 68 | -38.2% | $320,500 | $290,500 | 10.3% |
| Idyllwild-Pine Cove | 15 | 20 | -25% | $319,000 | $312,500 | 2.1% |
| Calimesa | 6 | 7 | -14.3% | $300,750 | $365,000 | -17.6% |
| San Jacinto | 59 | 64 | -7.8% | $284,000 | $255,000 | 11.4% |
| Hemet | 137 | 149 | -8.1% | $275,000 | $258,000 | 6.6% |
| Cherry Valley | 4 | 9 | -55.6% | $265,000 | $394,500 | -32.8% |
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