Cave Creek

Why you'd want to live in Cave Creek

Cave Creek was settled in the 1870s as a mining and ranching community. Incorporated in 1986 and 36 miles from downtown Phoenix, residents of Cave Creek enjoy a small town feeling. Carefree was founded in the 1950s, and was one of the earliest planned communities in Arizona. Known for its famous giant sundial (the largest in the Western Hemisphere) and unique rock topography, Carefree lives up to its name with its very laid back atmosphere. The two communities are at an elevation of 2,500 feet, with temperatures about five to six degrees cooler than Phoenix. Low humidity and cooler temperatures lure outdoor enthusiasts to hike, bike, horseback ride, golf and jeep tours. Similarly, the serene, saguaro-studded landscape, decorated with sand-colored boulders is a huge attraction for new residents. Golf courses are woven into the landscape, making them some of the most scenic in the state. Other nearby recreational outlets include Tonto National Forest and the Verde River. Carefree and Cave Creek offer unique shopping and dining opportunities. Not to mention, the beautiful resorts to quaint bed & breakfast inns.

Cave Creek Market Report

$1,159,883

AVERAGE PRICE OF 250 HOMES

$1,728,517

AVERAGE PRICE OF 110 MULTI-MILLION DOLLAR HOMES

$1,311,889

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$1,317,771

AVERAGE PRICE OF 129 HOMES WITH A POOL

$947,435

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $1,159,883
Avg Bedrooms 3.62 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $545,000
2 bedrooms $815,506
3 bedrooms $963,559
4 bedrooms $1,251,375
5 bedrooms $1,566,776
Cave Creek Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 238 244 n/a n/a n/a
Average Price $1,201,597 $1,185,207 n/a n/a n/a
Avg Price Change +1.38% n/a n/a n/a n/a
Median Price $946,285 $929,180 n/a n/a n/a
Med Price Change +1.84% n/a n/a n/a n/a
Avg Bedrooms 3.61 beds 3.56 beds n/a n/a n/a
Avg Bathrooms 2.91 baths 2.87 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boulder Creek High School 5 $1,121,154 85 days
Cactus High School 2 $1,995,000 14 days
Cactus Shadows High School 240 $1,158,148 74 days
Desert Willow Elementary School - Cave Creek 1 $489,500 25 days
Millennium High School 1 $729,900 9 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 250 $1,159,883 73 days
Multi-Million Dollar Homes 110 $1,728,517 87 days
Newly Built Homes 45 $1,311,889 145 days
Homes with a Pool 129 $1,317,771 58 days
Reduced Price Homes 25 $947,435 48 days
Jones-Ticknor Realty Group / Platinum Living Realty
Sheri Jones & Kathleen Ticknor
18281 N Pima Road, Ste C-100
Scottsdale, AZ 85255
S: 602-570-9823
K: 623-340-2677

© 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 Sheri Jones - Platinum Living Realty - Sheri Jones Realty 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. September 26, 2022
This site powered by CINC: www.cincpro.com