Cave Creek, AZ

Buyer's market-0.5% YoY

Housing market overview · Updated weekly

$994,500median sale price

Homes sold

14

Last 12 weeks

Days on market

76

Average pace

Active listings

72

5.1 months supply

Sale-to-list

97.3%

Below asking

The Cave Creek housing market is currently classified as a buyer's market with a median sale price of $994,500. Prices have fallen 0.5% compared to last year, with homes spending an average of 76 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Cave Creek

There are currently 72 homes listed for sale in Cave Creek, Arizona. The median listing price is $1.2M.

Active listings

72

Homes on market

Median list price

$1.2M

Avg. days on market

76

Days until sale

New this week

12

Newly listed

Price drops:33.3%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Cave Creek?

The median home sale price in Cave Creek is $994,500, down 0.5% from last year.

How long do homes stay on market in Cave Creek?

Homes typically spend 76 days on market before going under contract.

Is Cave Creek a buyer's or seller's market?

With 5.1 months of supply, Cave Creek is currently a buyer's market.

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