Clear Title Agency of Arizona

Cave Creek, AZ 85331

Single-Family Homes

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Cave Creek, AZ 85331

Mon Jun 30 2025
This week the median list price for Cave Creek, AZ 85331 is $994,900 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 203. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Cave Creek, AZ 85331

Mon Jun 30 2025
This week the median list price for Cave Creek, AZ 85331 is $994,900 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 203. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Cave Creek market.
Median List Price $994,900
Median Price of New Listings $1,075,000
Per Square Foot $376
Average Days on Market 124
Median Days on Market 91
Price Decreased 53%
Price Increased 0%
Relisted 6%
Inventory 203
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$2,000,000 3,991 1 - 2.5 acres 4 4 17 1 5 154
$1,255,000 3,156 0.5 - 1 acre 4 3 26 4 6 49
$850,000 2,410 8,000 - 10,000 sqft 3 3 26 2 4 84
$599,968 1,925 4,500 - 6,500 sqft 3 2 26 1 5 77