Note: These charts represent the last 12-months of activity on residential real estate in Cave Creek.
Cave Creek Home Prices:
(12 Month History)
- 1145000.00,1145000.00,1189950.00,1132757.50,1135000.00,1100000.00,1068050.00,1070000.00,999000.00,1012499.50,1070000.00,1106500.00
- 1079500.00,1175000.00,979003.50,970000.00,899450.00,847000.00,917500.00,824900.00,895000.00,825000.00,907500.00,995000.00
- 817500.00,830000.00,790000.00,800000.00,912500.00,880000.00,835000.00,818750.00,750000.00,815000.00,800000.00,785000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 4.23,4.11,4.51,5.12,5.36,5.43,5.43,5.91,5.49,5.17,5.18,5.88
Information is deemed to be reliable, but is not guaranteed. © 2024
Cave Creek Inventory:
(12 Month History)
- 189,179,192,218,233,233,234,250,227,218,214,236
- 44,41,86,80,84,70,90,67,49,57,90,81
- 34,23,29,44,52,53,55,42,43,41,31,54
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 63.6,74.1,75.7,88.6,68.2,94.1,82.1,69.3,79.0,96.1,74.2,89.5
Information is deemed to be reliable, but is not guaranteed. © 2024
Cave Creek Volume:
(12 Month History)
- 268988068,259278183,281219449,331309856,349839120,350427135,342654206,362040192,324122879,314780651,325865541,356063277
- 60757900,47931865,125287897,87053610,94376946,66936305,102176211,69531685,61761095,60358667,111575226,102363692
- 36152865,23085590,26923995,43755790,57156312,58041969,53753889,43236849,40870084,38513621,30752315,47841180
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 1063319.56,1003721.30,928413.62,994449.77,1099159.85,1095131.49,977343.44,1029448.79,950467.07,939356.61,992010.16,885947.78
- 1022878.74,965390.87,908106.72,963140.68,1063262.79,1063271.13,935378.00,987566.67,925197.67,908640.93,974197.03,854878.48
Information is deemed to be reliable, but is not guaranteed. © 2024
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.
- 97.8,96.4,97.7,97.2,97.6,97.5,96.8,97.9,97.8,97.2,98.3,96.9
Information is deemed to be reliable, but is not guaranteed. © 2024