Clear Title Agency

Cave Creek, AZ 85331

Single-Family Homes

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Cave Creek, AZ 85331

Sun May 17 2026
This week the median list price for Cave Creek, AZ 85331 is $1,224,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 202. Click here to stay informed with the Cave Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Cave Creek, AZ 85331

Sun May 17 2026
This week the median list price for Cave Creek, AZ 85331 is $1,224,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 202. Click here to stay informed with the Cave Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Cave Creek market.
Median List Price $1,224,500
Median Price of New Listings $899,000
Per Square Foot $394
Average Days on Market 125
Median Days on Market 77
Price Decreased 49%
Price Increased 1%
Relisted 5%
Inventory 202
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$2,400,000 4,200 1 - 2.5 acres 4 4.5 9 2 4 119
$1,365,000 3,287 0.5 - 1 acre 4 3.5 16 2 7 84
$995,000 2,905 0.25 - 0.5 acre 4 3 26 3 4 98
$699,400 2,115 6,500 - 8,000 sqft 3 2.5 27 6 7 35