How much do homes in Cave Creek, AZ cost?

Median List Price

$780,000

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$105,000(+15.6%)

Key Takeaway

The list price of homes in Cave Creek has increased by 15.6% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $425K$898.5K+111.4%
2 $487K$510K+4.7%
3 $625K$672.4K+7.6%
4 $850K$1.0M+17.7%
5+ $1.0M$1.3M+31.1%

Median List Price Compared To Nearby Cities

Carefree
+27.7%
New River
+26.2%
Deer Valley
+23.1%
Cave Creek
+15.6%
Scottsdale
+13.0%

How many homes are available in Cave Creek, AZ?

Number of Homes For Sale

Jul 2021Aug 2021%
6362-1.6%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 330.0%
2 1312-7.7%
3 2223+4.5%
4 1315+15.4%
5+ 129-25.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
187 Days187 Days0.1%

Breakdown of Home Sale Times

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Key Takeaway

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About Cave Creek, AZ

Cave Creek, AZ has 62 homes on the market. Between July 2021 and August 2021, Cave Creek, AZ real estate market has seen decrease in the number of listings by 1.6%. In August 2021, listings were on the market for 187 days. During the same period, the median list price in this real estate market was $780,000. This housing market listing prices have changed between July 2021 and August 2021: 1 bedroom properties became 111.4% more expensive, prices of 2 bedrooms properties increased by 4.7%, 3 bedrooms properties became 7.6% more expensive, the cost of 4 bedrooms properties went up by 17.7%, prices of 5 bedrooms properties increased by 31.1%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 7.7%, 3 bedrooms homes became 4.5% more available, volume of 4 bedrooms homes went up by 15.4%, number of 5 bedrooms homes decreased by 25%. Cave Creek, AZ housing market in August 2021 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 4 sold below.

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