Single-Family Homes
Tue Sep 01 2026
This week the median list price for Cave Creek, AZ 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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
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.
| 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 bumped up a bit but the trend of recent weeks is generally downward. The Market Action Index is a good leading indicator for the durability of this trend.
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 |