Quantcast

Coachella Today

Friday, November 1, 2024

February 2021: Cathedral City experienced a 11.9% increase in median home prices

Re 13

The median sale price of a home sold in February 2021 in Cathedral City rose by $41,000 while total sales decreased by 36.4%, according to BlockShopper.com.

In February 2021, there were 28 homes sold, with a median sale price of $385,500 - a 11.9% increase over the $344,500 median sale price for the same period of the previous year. There were 44 homes sold in Cathedral City in February 2020.

The median sales tax in Cathedral City for the most recent year with available data, 2019, was $3,387, approximately 0.9% of the median home sale price for February 2021.

The following table compares Cathedral City to other Riverside County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Menifee 92128-28.1%$410,000$352,50016.3%
Moreno Valley79125-36.8%$408,000$356,00014.6%
Rubidoux 59-44.4%$399,000$420,000-5%
Beaumont2046-56.5%$394,250$340,00016%
Palm Desert152176-13.6%$387,500$355,5009%
Cathedral City2844-36.4%$385,500$344,50011.9%
Indio6282-24.4%$373,000$325,25014.7%
Lakeland Village550%$369,000$315,00017.1%
San Jacinto3545-22.2%$363,000$310,00017.1%
Thousand Palms21100%$357,500$310,00015.3%
Hemet91123-26%$330,000$295,00011.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS