Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 639950.00,595000.00,580000.00,559300.00,575000.00,588250.00,612500.00,594249.50,588500.00,594249.50,625000.00,625000.00
- 474249.50,489900.00,475000.00,469100.00,539900.00,577000.00,549500.00,464500.00,536500.00,490000.00,453000.00,509499.50
- 437450.00,451000.00,473000.00,458000.00,455400.00,510000.00,510000.00,459000.00,405000.00,450000.00,510000.00,445500.00
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.
- 4.37,3.94,3.94,3.74,3.38,3.2,3.44,3.69,3.88,4.56,4.36,4.21
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Inventory:
(12 Month History)
- 300,277,271,259,238,228,245,256,270,306,291,284
- 104,83,89,85,85,80,81,52,130,107,114,112
- 108,80,71,79,73,56,49,57,31,47,81,98
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.
- 81.8,118.2,111.7,92.4,114.5,89.0,85.7,119.1,116.6,103.0,94.5,80.5
Information is deemed to be reliable, but is not guaranteed. © 2019
Cave Creek Volume:
(12 Month History)
- 234570305,206275728,196440603,185258169,175459990,170072792,190035587,199647504,206211788,242967364,237694517,226293789
- 53668366,46081939,47857861,49061843,49064916,54564265,59083685,29151721,85601212,68390426,63867827,63740043
- 53351712,42307673,39334026,41723745,39745797,30969090,26929248,31072965,16823000,24322940,42758266,51359020
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 493997.33,528845.91,554000.37,528148.67,544462.97,553019.46,549576.49,545139.74,542677.42,517509.36,527879.83,524071.63
- 481719.06,511247.01,538746.06,505066.30,529838.18,538829.82,541748.16,529071.75,521951.61,507562.36,515626.30,510231.05
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.
- 98.0,97.2,97.4,98.1,97.5,97.8,98.6,97.6,97.0,98.2,97.9,97.7
Information is deemed to be reliable, but is not guaranteed. © 2019