Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 590000.00,622200.00,627500.00,630000.00,625000.00,635000.00,625000.00,626250.00,661849.00,678000.00,699999.50,698950.00
- 489900.00,452500.00,504499.50,449950.00,499999.00,499900.00,494950.00,589000.00,525000.00,633990.00,482499.50,535000.00
- 450000.00,510000.00,445500.00,452750.00,432000.00,467000.00,465895.00,420000.00,446990.00,520000.00,492000.00,510000.00
Information is deemed to be reliable, but is not guaranteed. © 2020
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.
- 4.52,4.32,4.06,3.77,3.49,3.22,3.08,3.46,3.34,3.26,2.77,2.64
Information is deemed to be reliable, but is not guaranteed. © 2020
Cave Creek Inventory:
(12 Month History)
- 303,288,274,261,243,227,219,242,231,228,200,194
- 107,114,112,112,97,77,82,111,76,73,50,93
- 47,81,98,114,91,77,66,63,65,75,74,61
Information is deemed to be reliable, but is not guaranteed. © 2020
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.
- 103.0,94.5,80.5,83.8,70.8,120.0,78.2,71.5,73.6,90.1,91.7,74.3
Information is deemed to be reliable, but is not guaranteed. © 2020
Cave Creek Volume:
(12 Month History)
- 239953466,234160930,215996137,207345113,192329669,186802075,180443050,192257543,192787969,192559935,176389249,175833937
- 67978826,63486238,63219673,60674352,56964365,46494769,44570922,67709781,51567123,49810612,31779868,62397325
- 24322940,42758266,51359020,60613199,47913981,42630166,35958137,29391262,35410872,45472472,41636170,38238189
Information is deemed to be reliable, but is not guaranteed. © 2020
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 517509.36,527879.83,524071.63,531694.73,526527.26,553638.52,544820.26,466527.97,544782.65,606299.63,562650.95,626855.56
- 507562.36,515564.57,510231.05,517104.46,518158.75,539776.97,535272.41,457930.48,531665.83,587431.73,550645.93,615010.93
Information is deemed to be reliable, but is not guaranteed. © 2020
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.
- 98.2,97.9,97.7,98.0,98.5,97.9,98.2,98.3,97.7,97.7,97.9,98.1
Information is deemed to be reliable, but is not guaranteed. © 2020