Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 588999.00,633500.00,639950.00,599000.00,584900.00,559300.00,577450.00,589000.00,606250.00,599000.00,589249.50,599000.00
- 466950.00,471950.00,474249.50,489900.00,475000.00,469100.00,539900.00,575000.00,549500.00,464500.00,539750.00,490000.00
- 462500.00,515000.00,437450.00,451000.00,473000.00,458000.00,455400.00,510000.00,510000.00,459000.00,405000.00,450000.00
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.
- 5.14,4.83,4.37,3.94,3.94,3.74,3.38,3.2,3.42,3.68,3.85,4.58
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Inventory:
(12 Month History)
- 347,324,300,277,271,259,238,228,244,255,268,307
- 126,92,104,83,89,85,85,79,81,52,130,107
- 72,77,108,80,71,79,73,56,49,57,31,47
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.
- 121.3,100.4,81.8,118.2,111.7,92.4,114.5,89.0,85.7,119.1,116.6,103.0
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Volume:
(12 Month History)
- 259107981,253622858,233720805,205426228,195607200,184445766,174660096,169551898,188962893,199006011,205313154,245243497
- 70792780,50093992,53770866,46103939,47866958,49080343,49172925,53915465,59700885,29249122,85869160,69272305
- 39163090,42654090,53351712,42307673,39334026,41723745,39745797,30969090,26929248,31072965,16823000,24322940
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 543931.81,553949.22,493997.33,528845.91,554000.37,528148.67,544462.97,553019.46,549576.49,545139.74,542677.42,517509.36
- 527729.86,538688.70,481719.06,511247.01,538746.06,505066.30,529838.18,538829.82,541748.16,529071.75,522112.90,507562.36
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.
- 97.5,97.5,98.0,97.2,97.4,98.1,97.5,97.8,98.6,97.6,97.0,98.2
Information is deemed to be reliable, but is not guaranteed. © 2019