Your Localized Market Report
Cave Creek, AZ
Single-Family Homes
Lawyers Title Arizona www.LawyersTitleArizona.com
Cave Creek, AZ
Sun Oct 04 2026
This week the median list price for Cave Creek, AZ is $965,750 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 178.
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. Watch for an up-shift in the MAI before price stability is achieved.
Real-Time Market Profile
| Median List Price | $965,750 | |
| Median Price of New Listings | $950,000 | |
| Per Square Foot | $365 | |
| Average Days on Market | 123 | |
| Median Days on Market | 77 | |
| Price Decreased | 43% | |
| Price Increased | 2% | |
| Relisted | 4% | |
| Inventory | 178 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,295,000 | 3,884 | 1 - 2.5 acres | 4 | 4 | 18 | 2 | 2 | 133 |
| $1,212,500 | 3,079 | 0.5 - 1 acre | 4 | 3 | 22 | 5 | 6 | 77 |
| $849,000 | 2,658 | 8,000 - 10,000 sqft | 4 | 3 | 27 | 1 | 3 | 84 |
| $619,950 | 1,808 | 4,500 - 6,500 sqft | 3 | 2 | 27 | 6 | 5 | 35 |