Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 575000.00,589000.00,615750.00,599000.00,589499.00,590000.00,619250.00,624950.00,625000.00,624900.00,634995.00,625000.00
- 539900.00,577000.00,549500.00,464500.00,534250.00,489900.00,452500.00,504499.50,449950.00,499999.00,499900.00,499900.00
- 455400.00,510000.00,510000.00,459000.00,405000.00,450000.00,510000.00,445500.00,452750.00,432000.00,467000.00,465895.00
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.
- 3.36,3.19,3.42,3.68,3.86,4.52,4.32,4.06,3.76,3.46,3.19,3.11
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Inventory:
(12 Month History)
- 237,227,244,255,269,303,288,274,260,241,225,221
- 85,80,81,52,130,107,114,112,112,97,77,81
- 73,56,49,57,31,47,81,98,114,91,77,66
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.
- 114.5,89.0,85.7,119.1,116.6,103.0,94.5,80.5,83.8,70.8,120.0,78.2
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Volume:
(12 Month History)
- 174350095,168775697,188467192,198028308,204559091,239638766,234077519,216085226,206676014,191298070,186653726,182107006
- 48935916,54467065,58766485,29136820,85285810,68074426,63729527,63240573,60712252,57289965,47251319,45099422
- 39745797,30969090,26929248,31072965,16823000,24322940,42758266,51359020,60613199,47913981,42630166,35958137
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 544462.97,553019.46,549576.49,545139.74,542677.42,517509.36,527879.83,524071.63,531694.73,526527.26,553638.52,544820.26
- 529838.18,538829.82,541748.16,529071.75,521951.61,507562.36,515626.30,510231.05,517104.46,518158.75,539776.97,535272.41
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.
- 97.5,97.8,98.6,97.6,97.0,98.2,97.9,97.7,98.0,98.5,97.9,98.2
Information is deemed to be reliable, but is not guaranteed. © 2019