First American Title Market Report

Cave Creek, AZ

Single-Family Homes



Cave Creek, AZ

Tue Jul 15 2025
This week the median list price for Cave Creek, AZ is $947,450 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 184. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Cave Creek, AZ

Tue Jul 15 2025
This week the median list price for Cave Creek, AZ is $947,450 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 184. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Cave Creek market.
Median List Price $947,450
Median Price of New Listings $800,000
Per Square Foot $377
Average Days on Market 125
Median Days on Market 91
Price Decreased 51%
Price Increased 0%
Relisted 6%
Inventory 184
Median Rent
Market Action 33
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
$2,000,000 4,009 1 - 2.5 acres 4 4 15 0 7 164
$1,197,500 2,945 0.5 - 1 acre 4 3 25 2 5 63
$838,944 2,400 8,000 - 10,000 sqft 3 2.3 26 6 8 84
$598,000 1,881 4,500 - 6,500 sqft 3 2 26 3 7 80