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 (66) Homes available in Cave Creek today.
Our Median Sales Price for August was $748,000, up 19.7% from $625,000 in August of 2020 and up 3.0% from $726,000 last month. The average sales price in August was $823,005, up 20.7% from $681,918 in August of 2020 and up 1.9% from $807,784 last month. August 2021 ASP was at highest level compared to August of 2020 and 2019. (more Market Report below photos)
Cave Creek Homes ~ Newest Listings
Cave Creek Homes ~ Monthly Market Report
August property sales were 71, down from 73 in August of 2020 and -12.3% lower than the 81 sales last month. August 2021 sales were at a mid level compared to August of 2020 and 2019. August YTD sales of 626 are running 22.5% ahead of last year’s year-to-date sales of 511.
The total inventory of properties available for sale as of August was 84, up 6.3% from 79 last month and down -30.0% from 120 in August of last year. August 2021 Inventory was at the lowest level compared to August of 2020 and 2019.
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 43, up from 18 days last month and down from 53 days in August of last year. The August 2021 DOM was at a mid range compared with August of 2020 and 2019.
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 2021 selling price per square foot of $295 was down -5.4% from $312 last month and up 19.0% from $248 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 🙂