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Cave Creek

Why you'd want to live in Cave Creek

Just a short drive north of downtown Phoenix lies Cave Creek, Arizona. This Phoenix neighborhood is a unique area of PHX as it’s styled after an old western town and the locals here embrace that style of living as well. So much so, that you are likely to see people riding horseback down the main streets of Cave Creek as you are to see cars. Living in Cave Creek, Arizona provides easy access to many exciting outdoor activities and locations that people travel from all over the country to visit; such as the Sonoran Desert and Tonto National Forest, as well as plenty of scenic hiking trails.

Cave Creek Market Report

$1,230,090

AVERAGE PRICE OF 199 HOMES

$599,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,763,815

AVERAGE PRICE OF 97 MULTI-MILLION DOLLAR HOMES

$1,403,577

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$1,335,219

AVERAGE PRICE OF 112 HOMES WITH A POOL

$1,072,219

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $1,230,090
Avg Bedrooms 3.63 beds
Avg Bathrooms 2.99 baths

Average Price by Bedrooms

1 bedroom $526,333
2 bedrooms $771,508
3 bedrooms $1,000,836
4 bedrooms $1,335,958
5 bedrooms $1,723,063
Cave Creek Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 227 242 244 238 244
Average Price $1,183,031 $1,159,354 $1,162,860 $1,201,597 $1,185,207
Avg Price Change +2.04% -0.30% -3.33% +1.38% n/a
Median Price $978,046 $950,624 $940,326 $946,285 $929,180
Med Price Change +2.88% +1.10% -0.63% +1.84% n/a
Avg Bedrooms 3.61 beds 3.62 beds 3.6 beds 3.61 beds 3.56 beds
Avg Bathrooms 2.94 baths 2.9 baths 2.88 baths 2.91 baths 2.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boulder Creek High School 4 $1,041,918 80 days
Cactus High School 2 $1,149,000 56 days
Cactus Shadows High School 192 $1,238,825 100 days
Desert Willow Elementary School - Cave Creek 1 $468,000 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 199 $1,230,090 99 days
Distressed Homes 1 $599,900 13 days
Multi-Million Dollar Homes 97 $1,763,815 118 days
Newly Built Homes 44 $1,403,577 167 days
Homes with a Pool 112 $1,335,219 86 days
Reduced Price Homes 11 $1,072,219 89 days
Realty ONE Group
Jeffrey Nawrot & Kelly Fenley
11211 N Tatum Blvd, STE 120
Phoenix, AZ 85028
602-386-0444

© 2022 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Jeffrey Nawrot - Realty One Group are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. December 7, 2022
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