the AZ market
Cave Creek, AZ 85331
Single-Family Homes
Cave Creek, AZ 85331
Fri Sep 04 2026
This week the median list price for Cave Creek, AZ 85331 is $1,075,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 151.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $1,075,000 | |
| Median Price of New Listings | $659,000 | |
| Per Square Foot | $374 | |
| Average Days on Market | 132 | |
| Median Days on Market | 91 | |
| Price Decreased | 48% | |
| Price Increased | 2% | |
| Relisted | 5% | |
| Inventory | 151 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. Keep an eye on the Market Action Index for a leading indicator of the duration of this downtrend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,347,000 | 3,999 | 1 - 2.5 acres | 4 | 4 | 17 | 0 | 2 | 129 |
| $1,315,000 | 3,201 | 0.5 - 1 acre | 4 | 3 | 21 | 0 | 1 | 94 |
| $890,000 | 2,870 | 0.25 - 0.5 acre | 4 | 3 | 27 | 1 | 3 | 70 |
| $650,000 | 1,975 | 4,500 - 6,500 sqft | 3 | 2 | 28 | 4 | 3 | 70 |