Realty Times - Cathedral City, California Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > California > Cathedral City

Market Conditions Summary for Cathedral City, California

Reported by

Catherine Marcy
as of 12/20/2008:

November 2008 home sale prices in Cathedral City continue to decline. This area has been strongly influenced by the rising market share of foreclosure resales. The median sales price dropped 38.9%, from $307,000 to $187,500, according to DataQuick.... MORE->

Reported by

Harry Sterling
as of 12/4/2008:

The following article appeared in the local Desert Sun on November 20, 2008 LOW PRICES BOOST VALLEY HOME SALES By Erica Solvig Coachella Valley home sales during the third quarter of 2008 jumped 51.5 percent compared to 2007, driven... MORE->

Average Current Market Rating: 1 (2 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.5 (2 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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