Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 580000.00,559300.00,575000.00,588250.00,612500.00,597000.00,589249.50,595000.00,622200.00,625000.00,630000.00,625000.00
- 475000.00,469100.00,539900.00,577000.00,549500.00,464500.00,534250.00,490000.00,452500.00,504499.50,450000.00,506249.50
- 473000.00,458000.00,455400.00,510000.00,510000.00,459000.00,405000.00,450000.00,510000.00,445500.00,452750.00,432000.00
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.
- 3.94,3.74,3.38,3.2,3.44,3.69,3.88,4.55,4.35,4.11,3.8,3.55
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Inventory:
(12 Month History)
- 271,259,238,228,245,256,270,305,290,277,263,247
- 89,85,85,80,81,52,130,107,114,112,112,96
- 71,79,73,56,49,57,31,47,81,98,114,91
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.
- 111.7,92.4,114.5,89.0,85.7,119.1,116.6,103.0,94.5,80.5,83.8,70.8
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Volume:
(12 Month History)
- 196340608,185141174,174904995,169395697,189137192,198739108,205274392,241164367,235634620,218482622,209158309,196424815
- 47814866,48670843,48965916,54502165,58852285,29141820,85510611,68119426,63751427,63298472,60807452,56595392
- 39334026,41723745,39745797,30969090,26929248,31072965,16823000,24322940,42758266,51359020,60613199,47913981
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 554000.37,528148.67,544462.97,553019.46,549576.49,545139.74,542677.42,517509.36,527879.83,524071.63,531694.73,526527.26
- 538746.06,505066.30,529838.18,538829.82,541748.16,529071.75,521951.61,507562.36,515626.30,510231.05,517148.32,518158.75
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.
- 97.4,98.1,97.5,97.8,98.6,97.6,97.0,98.2,97.9,97.7,98.0,98.5
Information is deemed to be reliable, but is not guaranteed. © 2019