First Integrity Title Market Report

Cave Creek, AZ

Single-Family Homes

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Cave Creek, AZ

Tue May 20 2025
This week the median list price for Cave Creek, AZ is $1,100,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 228. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Cave Creek, AZ

Tue May 20 2025
This week the median list price for Cave Creek, AZ is $1,100,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 228. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cave Creek market.
Median List Price $1,100,000
Median Price of New Listings $980,000
Per Square Foot $390
Average Days on Market 118
Median Days on Market 77
Price Decreased 63%
Price Increased 2%
Relisted 7%
Inventory 228
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$2,250,000 4,038 2.5 - 5 acres 4 5 8 3 3 112
$1,375,000 3,238 1 - 2.5 acres 4 3 22 4 2 70
$899,000 2,441 0.25 - 0.5 acre 4 3 26 5 6 56
$625,000 1,925 4,500 - 6,500 sqft 3 2 26 3 4 56