Cathedral City, Calif. Market Report for July and August

By
Real Estate Agent with HK Lane, Christie's International Affiliate, 760-285-3578 DRE #01329387

palm springs valley homesCathedral City..where the heck is that???  It's in the Palm Springs Valley of course!  As I've mentioned many times, when our seasonal "Snowbirds" come to the desert, they call it simply..Palm Springs.  That's where most people think we all live..Palm Springs.  The Palm Springs Valley is made up of several small cities.  Cathedral City is one of them.

 Located just East of Palm Springs itself, and with Rancho Mirage on it's own Eastern border, it enjoys a great location.  People that want to be near downtown Palm Springs with it's Follies, street fairs and shops, nightclubs and restaurants, but out of the hub-bub will buy in Cathedral City.  There are great buys in this city because it too underwent a housing boom during the peak..

Total number of Single Family Residences CLOSED:  125

  • Lowest Price:  $40,000.  REO Built in 1960  3bd/2ba TOTAL FIXER!
  • Highest Price:  $485,000   Rio Del Sol    2006 built home 3bd/3ba approx 2918 sf with a pool
Total number of Condominiums CLOSED:  19
  • Lowest Price:  $49,900  Desert Princess Country Club  REO
  • Highest Price:  $215,000  Cathedral Canyon Country Club  3bd/2ba built in 1990
What's interesting about Cathedral City Stats (per local area MLS) is that your Condos are bringing in HIGHER prices than the Single Family Residences!  There were more NEW Condo developments in Cat City than in other surrounding areas..
 
Posted by

 

Kimberley Kelly, RealtorKimberley Kelly,   Land, Ranches or Residential properties in the Palm Springs Valley of California. Follow this link to Meet Kim!

(760) 285-3578

 

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Comments (2)

Cara Marcelle Mancuso
Long Realty - Dove Mountain, Marana AZ - Tucson, AZ
Call a Marana neighbor, I'm THERE! LONG REALTY

Those are interesting statistics about condos in Cathedral City.  I remember driving through Palm Springs on the freeway, but all I remember were the windmills!

Sep 22, 2011 02:36 AM
Kimberley Kelly, SFR, HAFA, GREEN
HK Lane, Christie's International Affiliate, 760-285-3578 - La Quinta, CA
I do Real Estate like I played polo-to WIN!

I got ya!  Those Windmills are tourist attractions..amazing sight, right?

Sep 22, 2011 02:45 AM

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