How much do homes in Cave Creek, AZ cost?

Median List Price

$795,000

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$127,550(+19.1%)

Key Takeaway

The list price of homes in Cave Creek has increased by 19.1% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 -$417.5KN/A
2 $499.9K$545K+9.0%
3 $597.4K$675K+13.0%
4 $867K$1.0M+15.4%
5+ $975K$1.3M+38.5%

Median List Price Compared To Nearby Cities

New River
+25.0%
Carefree
+24.3%
Deer Valley
+21.8%
Cave Creek
+19.1%
Scottsdale
+10.7%

How many homes are available in Cave Creek, AZ?

Number of Homes For Sale

Apr 2021May 2021%
8577-9.4%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 110.0%
2 17170.0%
3 3628-22.2%
4 21210.0%
5+ 10100.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
201 Days160 Days-20.6%

Breakdown of Home Sale Times

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About Cave Creek, AZ

There are 77 homes are for sale in Cave Creek, AZ real estate market.

In May 2021, listings were on the market for 160 days. During the same period, the median list price in this real estate market was $795,000.

Real estate listing prices changed between April 2021 and May 2021: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 9%, 3 bedrooms properties became 13% more expensive, prices of 4 bedrooms properties increased by 15.4%, prices of 5 bedrooms properties increased by 38.5%.

Between April 2021 and May 2021, Cave Creek, AZ real estate market has seen decrease in the number of listings by 9.4%.

Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went dowm by 22.2%, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed.

Cave Creek, AZ housing market in May 2021 saw over 4 listings sold above listed price, more than 1 sold at listed price and over 4 sold below.

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