Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 599000.00,611035.00,588999.50,633500.00,640000.00,599000.00,584900.00,560000.00,579950.00,594249.50,619000.00,599450.00
- 532450.00,549900.00,468900.00,471950.00,474249.50,489900.00,475000.00,467000.00,547500.00,575000.00,564900.00,468250.00
- 423750.00,420350.00,462500.00,515000.00,437450.00,451000.00,473000.00,458000.00,455400.00,510000.00,510000.00,450000.00
Information is deemed to be reliable, but is not guaranteed. © 2019
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.
- 4.55,4.8,5.16,4.83,4.37,3.94,3.94,3.74,3.35,3.17,3.38,3.69
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Inventory:
(12 Month History)
- 301,323,348,324,300,277,271,259,236,226,241,256
- 118,101,127,92,104,83,89,84,85,79,81,52
- 62,52,72,77,108,80,71,79,73,56,49,57
Information is deemed to be reliable, but is not guaranteed. © 2019
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.
- 98.0,100.2,121.3,100.4,81.8,118.2,111.7,92.4,114.5,89.0,85.7,119.0
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Volume:
(12 Month History)
- 228235118,246198455,260627982,254520759,234727706,206368139,196720110,185683576,174597106,169846405,189858900,202665657
- 71475464,59463066,72322781,50196892,53714876,46129938,48061958,48078243,49363822,54572165,60703524,29448921
- 30326389,26309303,39163090,42654090,53351712,42307673,39334026,41723745,39745797,30969090,26929248,30365965
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 489135.31,505948.13,543931.81,553949.22,493997.33,528845.91,554000.37,528148.67,544462.97,553019.46,549576.49,532736.23
- 475536.05,475699.98,527729.86,538688.70,481719.06,511247.01,538746.06,505066.30,529838.18,538829.82,541748.16,517791.05
Information is deemed to be reliable, but is not guaranteed. © 2019
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.
- 97.5,97.4,97.5,97.5,98.0,97.2,97.4,98.1,97.5,97.8,98.6,97.6
Information is deemed to be reliable, but is not guaranteed. © 2019