First American Title Market Report

Cave Creek, AZ

Single-Family Homes



Cave Creek, AZ

Sun Jun 22 2025
This week the median list price for Cave Creek, AZ is $979,000 with the market action index hovering around 39. This is an increase over last month's market action index of 35. Inventory has held steady at or around 215. 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

Sun Jun 22 2025
This week the median list price for Cave Creek, AZ is $979,000 with the market action index hovering around 39. This is an increase over last month's market action index of 35. Inventory has held steady at or around 215. 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 $979,000
Median Price of New Listings $649,900
Per Square Foot $377
Average Days on Market 114
Median Days on Market 84
Price Decreased 55%
Price Increased 0%
Relisted 7%
Inventory 215
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,100,000 4,021 1 - 2.5 acres 4 4.3 11 2 7 140
$1,266,000 3,114 1 - 2.5 acres 4 3 26 0 7 80
$849,500 2,438 8,000 - 10,000 sqft 4 2.5 26 1 9 63
$599,987 1,925 4,500 - 6,500 sqft 3 2 26 4 4 56