About Cave Creek Arizona Homes
We Love doing Live VIDEO Previews! Our Cave Creek Arizona Homes Buyer Service is FREE! Property Alerts Here 🙂
Beautiful Cave Creek Arizona Homes are found North of Scottsdale and on the West Side of Carefree, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (164) Homes available in Cave Creek today.
Our Median Sales Price for Cave Creek Homes in May was $541,000, up 19.5% from $452,750 in May of 2019 and down -2.5% from $555,000 last month. The average sales price in May was $615,877, up 19.1% from $517,140 in May of 2019 and up 1.8% from $605,014 last month. May 2020 ASP was at highest level compared to May of 2019 and 2018. (See more Market Report below photos)
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in Cave Creek, AZ
Monthly Market Report
May property sales were 46, down from 114 in May of 2019 and -27.0% lower than the 63 sales last month. May 2020 sales were at their lowest level compared to May of 2019 and 2018. May YTD sales of 325 are running -12.2% behind last year's year-to-date sales of 370.
The total inventory of properties available for sale as of May was 212, up 4.4% from 203 last month and down -10.9% from 238 in May of last year. May 2020 Inventory was at the lowest level compared to May of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for May was 56, up from 42 days last month and down from 59 days in May of last year. The May 2020 DOM was at a mid range compared with May of 2019 and 2018.
Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The May 2020 selling price per square foot of $221 was down -5.2% from $233 last month and up 5.7% from $209 in May of last year.