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Cathedral City Real Estate Market Update

By
Real Estate Agent with HomeSmart Elite Group - Palm Springs / La Quinta, CA DRE# 01167143

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 consistent, even if not fast-paced. The market remains somewhat competitive, with most homes receiving about two offers before selling.

What This Means for You

For buyers, Cathedral City offers an attractive mix of steady pricing and room for negotiation, making this a good time to enter the market. For sellers, the slight rise in median prices is encouraging, but patience may be required as homes are taking longer to sell.

Overall, Cathedral City continues to present a balanced environment for both sides of the transaction—stable, competitive, and full of potential for those looking to invest or settle into the community.

Posted by

Gregory Manns, Realtor

HomeSmart Professionals

47-060 Washington Street | La Quinta, CA 92253

(760) 406-2900 Mobile | (760) 619-2653 Fax

www.GregoryManns.com

CA BRE #01167143

Comments(2)

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Roy Kelley
Retired - Gaithersburg, MD

Good Saturday morning, Gregory.

Families on the move will appreciate your local real estate market reports.

Sep 06, 2025 07:37 AM
Gregory Manns, Palm Springs Area Realtor

Good Afternoon, Roy.

Thank you for your kind comment.

Wishing you a wonderful weekend.

Sep 06, 2025 02:59 PM
John Pusa
Glendale, CA

Hello Gregory Manns, Palm Springs Area Realtor very valuable helpful real estate market report for Cathedral City.

Sep 06, 2025 01:53 PM
Gregory Manns, Palm Springs Area Realtor

Thank you for your very kind comment, John.

I hope you're having a terrific weekend.

Sep 06, 2025 03:01 PM