Cathedral City Real Estate Market Update
By Gregory Manns, Palm Springs Area Realtor, Palm Springs Area Realtor with HomeSmart Elite
(HomeSmart Elite Group - Palm Springs / La Quinta, CA)
The Cathedral City real estate market is showing signs of stability this summer, leaning toward a buyer’s market with some encouraging trends for both buyers and sellers.As of July 2025, the median home price in Cathedral City is $555,000, up 0.6% from last year. The median sale price follows closely at $525,000, also up 0.6% year-over-year. While these increases are modest, they reflect a steady upward trajectory in pricing.On the other hand, average home values are sitting at $491,070, which is a 2.6% decrease from the previous year. This slight dip suggests that while demand remains healthy, buyers still have opportunities to negotiate.Homes are spending more time on the market, with the average selling time at 93 days. In April 2025 alone, 51 homes sold, showing that activity is con...
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