Justin Tye

Cathedral City, CA

Single-Family Homes

Active Realty I REAL



Cathedral City, CA

Sun May 26 2024
This week the median list price for Cathedral City, CA is $619,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 115. Click here to stay informed with the Cathedral City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cathedral City, CA

Sun May 26 2024
This week the median list price for Cathedral City, CA is $619,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 115. Click here to stay informed with the Cathedral City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cathedral City market.
Median List Price $619,000
Median Price of New Listings $659,000
Per Square Foot $333
Average Days on Market 102
Median Days on Market 56
Price Decreased 47%
Price Increased 3%
Relisted 16%
Inventory 115
Median Rent
Market Action 37
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$862,000 2,092 8,000 - 10,000 sqft 3 3 20 3 3 63
$679,000 2,216 8,000 - 10,000 sqft 4 2.5 28 4 4 42
$575,000 1,709 6,500 - 8,000 sqft 4 2.5 28 0 3 70
$469,000 1,359 6,500 - 8,000 sqft 3 2 38 6 6 56