Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 1000000.00,862450.00,899000.00,987500.00,1000000.00,1022500.00,1275000.00,1097000.00,1095000.00,962450.00,975000.00,954900.00
- 675000.00,729900.00,684000.00,749999.00,851528.50,789000.00,915000.00,872500.00,849500.00,852450.00,874500.00,805000.00
- 709000.00,687500.00,675000.00,699500.00,700000.00,785000.00,761000.00,838888.00,907500.00,887500.00,815000.00,796000.00
Information is deemed to be reliable, but is not guaranteed. © 2022
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.
- 0.77,0.92,1.07,0.96,0.88,1.03,0.79,0.85,1.14,1.84,2.26,2.88
Information is deemed to be reliable, but is not guaranteed. © 2022
Cave Creek Inventory:
(12 Month History)
- 67,80,91,80,73,82,62,66,87,136,166,201
- 83,77,80,61,48,81,69,96,106,132,106,95
- 81,74,63,76,67,47,73,67,74,74,55,52
Information is deemed to be reliable, but is not guaranteed. © 2022
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.
- 51.1,35.7,34.7,32.1,33.3,34.4,32.0,32.9,69.1,28.3,31.3,41.1
Information is deemed to be reliable, but is not guaranteed. © 2022
Cave Creek Volume:
(12 Month History)
- 85373685,96375409,104685223,97341645,90658524,109252291,97575090,93027041,126714979,183657541,213037150,245041222
- 68507537,70501965,68249933,57093737,46069256,90334200,80162449,108243697,122120995,142650056,110041151,98178638
- 62724517,57946872,49913390,62408056,56073574,43377408,61137857,72967320,81017093,73943498,54910700,51057639
Information is deemed to be reliable, but is not guaranteed. © 2022
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 774376.75,783065.84,792276.03,821158.63,836919.01,922923.57,837504.89,1089064.48,1094825.58,999236.46,998376.36,981877.67
- 775288.06,789337.22,803418.95,812094.32,849461.22,927313.89,855389.45,1121218.19,1117331.76,1003547.97,995227.27,962190.38
Information is deemed to be reliable, but is not guaranteed. © 2022
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.
- 100.6,101.1,101.8,99.5,101.7,100.8,102.0,103.5,102.8,101.5,100.5,98.4
Information is deemed to be reliable, but is not guaranteed. © 2022