In January 2020, there were 42 homes sold, with a median sale price of $336,250 - a 5.4% increase over the $319,000 median sale price for the same period of the previous year. There were 42 homes sold in Cathedral City in January 2019, as well.
The median sales tax in Cathedral City for the most recent year with available data, 2019, was $3,387, approximately 1% of the median home sale price for January 2020.
The following table compares Cathedral City to other Riverside County cities with similar median sale prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Menifee | 114 | 100 | 14% | $352,500 | $350,000 | 0.7% |
| Beaumont | 38 | 34 | 11.8% | $350,000 | $336,250 | 4.1% |
| Moreno Valley | 146 | 132 | 10.6% | $346,250 | $321,000 | 7.9% |
| Perris | 45 | 56 | -19.6% | $345,500 | $325,000 | 6.3% |
| Palm Desert | 146 | 148 | -1.4% | $343,500 | $350,000 | -1.9% |
| Cathedral City | 42 | 42 | 0% | $336,250 | $319,000 | 5.4% |
| Lakeland Village | 3 | 6 | -50% | $330,000 | $264,500 | 24.8% |
| Coachella | 18 | 22 | -18.2% | $320,000 | $260,000 | 23.1% |
| Indio | 75 | 77 | -2.6% | $313,000 | $310,000 | 1% |
| San Jacinto | 48 | 55 | -12.7% | $308,000 | $304,500 | 1.1% |
| Idyllwild-Pine Cove | 21 | 10 | 110% | $305,000 | $360,000 | -15.3% |
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