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 (110) Homes available in Cave Creek today.
Our Median Sales Price for Cave Creek Homes in December was $661,500, up 31.6% from $502,500 in December of 2019 and up 13.7% from $581,950 last month. The average sales price in December was $723,366, up 26.7% from $571,126 in December of 2019 and up 6.0% from $682,409 last month. December 2020 ASP was at highest level compared to December of 2019 and 2018. (more Market Report below photos)
Cave Creek Homes ~ Newest Listings
Cave Creek Homes ~ Monthly Market Report
December property sales were 96, up from 68 in December of 2019 and 23.1% higher than the 78 sales last month. December 2020 sales were at their highest level compared to December of 2019 and 2018. December YTD sales of 854 are running 4.4% ahead of last year’s year-to-date sales of 818.
The total inventory of properties available for sale as of December was 122, up 4.3% from 117 last month and down -31.8% from 179 in December of last year. December 2020 Inventory was at the lowest level compared to December 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 December was 44, up from 27 days last month and down from 62 days in December of last year. The December 2020 DOM was at its lowest level compared with December 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 December 2020 selling price per square foot of $248 was down -4.6% from $260 last month and up 14.8% from $216 in December 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 🙂