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Friday, November 1, 2024

Rising home prices in Cathedral City in September 2021

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The median sale price of a home sold in September 2021 in Cathedral City rose by $106,000 while total sales decreased by 42.9%, according to BlockShopper.com.

In September 2021, there were 36 homes sold, with a median sale price of $488,500 - a 27.7% increase over the $382,500 median sale price for the same period of the previous year. There were 63 homes sold in Cathedral City in September 2020.

The median sales tax in Cathedral City for the most recent year with available data, 2019, was $3,387, approximately 0.7% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Calimesa319-84.2%$540,000$395,00036.7%
Idyllwild-Pine Cove 1033-69.7%$522,500$364,50043.3%
Rubidoux 712-41.7%$504,000$447,00012.8%
Beaumont2570-64.3%$500,000$372,00034.4%
Aguanga 12-50%$500,000$384,00030.2%
Cathedral City3663-42.9%$488,500$382,50027.7%
Moreno Valley96158-39.2%$485,250$378,50028.2%
Menifee 94192-51%$476,250$390,00022.1%
Indio52121-57%$469,500$380,00023.6%
Perris4177-46.8%$464,000$375,00023.7%
Homeland 12-50%$462,500$550,000-15.9%

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