Cathedral City Housing Market Report – July 2026
Here's a look at how the Cathedral City, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 73
- Median Sale Price: $465,000
- Average Sale Price: $432,873
- Average Price Per Sq Ft: $259
- Average Days on Market: 117
- Sale-to-List Price Ratio: 96.9%
Month-Over-Month Trends
Compared to June, the median sale price in Cathedral City moved 2.5% down (from $477,000 to $465,000). The number of homes sold was 24.7% down compared to the prior month (97 vs. 73). Average days on market shifted 7.3% up (109 days to 117 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 3.3% up (from $450,000 to $465,000). Sales volume is 21.7% up year-over-year.
What This Means
Cathedral City's housing market is showing signs of seasonal softening in July, though the underlying fundamentals remain relatively stable. Month-over-month, the median price dipped 2.5 percent and sales volume dropped nearly 25 percent, which is typical for summer months when fewer buyers are actively shopping. The extended average days on market—now at 117 days compared to 109 the previous month—suggests homes are taking longer to sell, indicating a shift toward more balanced conditions after several years of tight inventory. However, homes are still selling at 96.9 percent of list price, demonstrating that demand remains present even if it's cooling slightly.
The year-over-year picture tells a more optimistic story. The median price is up 3.3 percent since July 2025, and sales volume jumped nearly 22 percent, suggesting genuine market growth over the longer term. The active inventory of 589 listings represents a meaningful supply increase that should give buyers more choices and negotiating power. With the property mix dominated by single-family homes, Cathedral City continues to appeal to families seeking affordability in the Coachella Valley region. While the summer slowdown is real, the fundamentals suggest a market that's not overheated—buyers have options, prices are climbing modestly, and conditions favor neither extreme supply nor demand.
Cathedral City Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92234 | 73 | $465,000 | $259 | 117 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 45 | $525,000 | $306 |
| CONDOS | 10 | $267,500 | $227 |
| MOBILE | 10 | $96,500 | $86 |
| LAND | 4 | $90,000 | N/A |
| MULTI_FAMILY | 3 | $560,000 | $217 |
| CONDO | 1 | $291,000 | $240 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 7 |
| $100K - $199K | 6 |
| $200K - $299K | 11 |
| $300K - $399K | 7 |
| $400K - $499K | 12 |
| $500K - $749K | 26 |
| $750K+ | 4 |
Current Active Listings
As of this report, there are 589 active listings in Cathedral City with a median asking price of $297,500 and an average of 145 days on market.
Thinking About Selling Your Cathedral City Home?
If you're a homeowner in Cathedral City considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Cathedral City and throughout Riverside County — get a no-obligation cash offer today.
Thinking of selling in Cathedral City? Get a cash offer.
Takes about 30 seconds. No obligation.