Cave Creek Homes
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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 (123) Homes available in Cave Creek today.
Our Median Sales Price for Cave Creek Homes in August was $625,000, up 29.5% from $482,500 in August of 2019 and up 17.9% from $530,000 last month. The average sales price in August was $681,918, up 22.2% from $558,100 in August of 2019 and up 10.9% from $614,741 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018. (more Market Report below photos)
Cave Creek Homes ~ Newest Listings
Cave Creek Homes ~ Monthly Market Report
August property sales were 73, up from 60 in August of 2019 and 2.8% higher than the 71 sales last month. August 2020 sales were at a mid level compared to August of 2019 and 2018. August YTD sales of 509 are running -8.6% behind last year’s year-to-date sales of 557.
The total inventory of properties available for sale as of August was 165, up 25.0% from 132 last month and down -17.9% from 201 in August of last year. August 2020 Inventory was at the lowest level compared to August 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 August was 53, down from 58 days last month and up from 42 days in August of last year. The August 2020 DOM was at a mid range compared with August 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 August 2020 selling price per square foot of $248 was up 6.4% from $233 last month and up 16.4% from $213 in August of last year.
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 🙂