March 2024 Real Estate Report

Homes For Sale
131 Total
Homes For Sale
Homes added
75 Homes
Added to the Market
Homes For Sale
43 Homes
Sold
Compared to Previous Month
15%
More Homes For Sale
home chart
-2%
Fewer Homes Sold
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Last month in March, housing in Cathedral City, CA ended with 75 homes being added to the market for sale, for a cumulative monthly total of 131 homes for sale - up 15% compared to February. Cathedral City, CA had a total of 43 homes sold for the month - down -2% from the month prior.

Detached led the way in homes sold with a total of 34 - up 12%, while attached totaled 9 in closed sales - down -56% from the month of February. The number of detached properties sold under 1500 square feet totaled 12 for the month of March, while homes from 1500 to 2000 square feet recorded 14 sales and homes sized from 2000 to 2500 square feet had 4 sales. While homes from 2500 to 3000 square feet square feet recorded 4 homes sold. The following ranges for detached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 8 and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 1500 to 2000, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Cathedral City, CA?
May:
62 Homes Sold
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The last 12 month period for the city of Cathedral City, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and July 2023. The months of May 2023, June 2023 and July 2023 had 62 - 55 and 59 homes sold, respectively, as compared to an average of 40 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Cathedral City, CA?
June:
44 Days On Market
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The last 12 month period for the city of Cathedral City, CA shows that homes sold the fastest during the months of June 2023, August 2023 and December 2023. The months of June 2023, August 2023 and December 2023 had 44 - 47 and 48 days on market, respectively, as compared to an average of 57 for the other months of the year.


Average Price Of Homes Sold In Cathedral City, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Cathedral City, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Cathedral City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024374443 - - - - - - - - - 124
2023223051446255595136403432516
2022676599786359494145403942687
2021716294897387788077827081944
2020616070614452817194896497844
2019345771789577837367545761807
2018616391798381898152775854869
2017554584777993828065765971866
Average Days On Market (DOM) In Cathedral City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024616456 - - - - - - - - - 60
202343576148624455475165554853
202241402633382525354440493936
202153514437383335392529393538
202069686566725548754547494759
201951504951625948606663516256
201864657069627056586663575763
201775706553626762586488697467
Average Days From List To Close Of Escrow In Cathedral City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024928690 - - - - - - - - - 89
2023821018773948390848298846986
202279765670695555647967789370
2021919185105786371855979746979
2020113102143113111112871171058315783110
20198285838794928510498878710090
201899961071021021089691103105988399
2017119118124100109112118103111123115127115
Number of homes added to the market in Cathedral City, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024765775 - - - - - - - - - 208
2023735371597377557357756547778
2022778171476556564763543943699
2021685974778476729180828736886
2020786752537469679495816860858
2019857192906966566484656255859
2018905984758062624360676256800
20171047977718069615171637766869