Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 1077500.00,1060000.00,942000.00,952400.00,925000.00,934000.00,934500.00,939000.00,989500.00,997000.00,1000000.00,999000.00
- 872500.00,837000.00,855450.00,855000.00,799450.00,849000.00,789450.00,894500.00,909450.00,957000.00,829950.00,989987.50
- 838888.00,907500.00,885000.00,815000.00,800000.00,800000.00,745000.00,717500.00,730000.00,1000000.00,720000.00,710000.00
Information is deemed to be reliable, but is not guaranteed. © 2023
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.
- 0.82,1.12,1.81,2.25,2.79,3.04,3.04,3.23,3.12,2.7,2.74,3.19
Information is deemed to be reliable, but is not guaranteed. © 2023
Cave Creek Inventory:
(12 Month History)
- 64,85,134,166,195,204,194,203,190,158,153,173
- 96,106,132,106,96,83,82,62,50,38,74,70
- 67,74,75,55,53,42,63,38,47,35,29,33
Information is deemed to be reliable, but is not guaranteed. © 2023
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.
- 32.9,69.1,40.7,31.3,42.1,58.2,58.9,75.6,60.6,75.9,86.1,82.5
Information is deemed to be reliable, but is not guaranteed. © 2023
Cave Creek Volume:
(12 Month History)
- 90586771,122631711,179029421,216214403,236183477,249413506,232333979,235079638,232113471,198327190,195490377,219074692
- 106909697,120505997,141662454,108500051,94988090,85971537,81785174,61016132,54038170,39008428,76596272,84698948
- 72967320,81017093,74542333,54910700,51920796,38512074,58142290,36697492,38172490,37680269,22591848,29018647
Information is deemed to be reliable, but is not guaranteed. © 2023
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 1089064.48,1094825.58,993897.77,998376.36,979637.66,916954.14,922893.49,965723.47,812180.64,1076579.11,779029.24,879352.94
- 1121218.19,1117331.76,998191.07,995227.27,960018.87,901207.76,892050.44,911935.47,794894.17,1035073.97,752467.17,863310.09
Information is deemed to be reliable, but is not guaranteed. © 2023
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.
- 103.5,102.8,101.5,100.5,98.4,98.3,97.8,95.7,98.8,96.3,97.1,98.1
Information is deemed to be reliable, but is not guaranteed. © 2023