Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 1037000.00,1010000.00,1025000.00,1050000.00,1073350.00,1104500.00,1150000.00,1147500.00,1197000.00,1170000.00,1175000.00,1100000.00
- 900000.00,805000.00,887000.00,849500.00,1049000.00,975000.00,1094500.00,1175000.00,979003.50,995250.00,912450.00,856250.00
- 739500.00,827500.00,774900.00,775000.00,807000.00,985000.00,817500.00,830000.00,790000.00,800000.00,912500.00,880000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
Cave Creek Absorption Rate:
(12 Month History)
This rate represents the number of months it would take to deplete the current inventory with no new listings. The absorption rate in a balanced market is typically between 5 – 7 months. A higher number would reflect more of a buyer’s market and a lower number a seller’s market.
- 2.48,3.14,2.89,2.74,3.19,4.01,4.21,4.08,4.46,5.07,5.31,5.5
Information is deemed to be reliable, but is not guaranteed. © 2024
Cave Creek Inventory:
(12 Month History)
- 120,149,137,125,148,180,188,178,190,216,231,236
- 65,68,58,56,63,89,44,41,86,80,84,70
- 64,54,33,51,45,35,34,23,29,44,52,53
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market in Cave Creek:
(12 Month History)
This number represents the average number of days between the original listing date and the “under contract” date among the homes sold in a given month.
- 80.1,78.2,66.6,58.6,62.4,98.1,63.6,74.1,75.7,88.6,68.2,94.1
Information is deemed to be reliable, but is not guaranteed. © 2024
Cave Creek Volume:
(12 Month History)
- 171308306,204072346,184373209,173293254,199316107,252228394,269949355,260128970,281297136,333358847,353611649,357807849
- 77084366,67259487,64854999,57797350,84919876,111225343,61134900,48141365,126495101,88077710,96421084,68827289
- 57901752,59320715,33321410,48859780,42968287,40633182,36152865,23085590,26923995,43755790,57156312,58041969
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 904714.88,1098531.76,1009739.70,958034.90,954850.82,1160948.06,1063319.56,1003721.30,928413.62,994449.77,1099159.85,1095131.49
- 886789.83,1064004.20,989538.21,942623.47,936020.51,1131425.63,1022878.74,965390.87,908106.72,963140.68,1063262.79,1063271.13
Information is deemed to be reliable, but is not guaranteed. © 2024
Sale to List Price Ratio:
(12 Month History)
This ratio represents the average percentage of the list price that sellers accepted in a given month.
- 98.0,98.4,97.9,99.2,98.3,98.1,97.8,96.4,97.7,97.2,97.6,97.5
Information is deemed to be reliable, but is not guaranteed. © 2024