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

$1,025,731

AVERAGE PRICE OF 154 HOMES

$1,733,586

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$1,198,017

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$1,141,018

AVERAGE PRICE OF 83 HOMES WITH A POOL

$624,360

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $1,025,731
Avg Bedrooms 3.51 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $1,132,975
2 bedrooms $877,263
3 bedrooms $898,639
4 bedrooms $1,063,761
5 bedrooms $1,304,213
Cave Creek Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 153 180 200 201 192
Average Price $984,026 $1,009,288 $1,006,165 $1,029,757 $1,064,384
Avg Price Change -2.57% +0.31% -2.34% -3.36% +5.43%
Median Price $786,785 $789,366 $779,083 $789,597 $806,104
Med Price Change -0.33% +1.32% -1.35% -2.09% +4.61%
Avg Bedrooms 3.49 beds 3.59 beds 3.61 beds 3.65 beds 3.64 beds
Avg Bathrooms 2.78 baths 2.91 baths 2.9 baths 2.99 baths 3.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Boulder Creek High School 3 $1,524,633 21 days
Cactus Shadows High School 151 $1,015,819 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 154 $1,025,731 76 days
Multi-Million Dollar Homes 52 $1,733,586 116 days
Newly Built Homes 28 $1,198,017 150 days
Homes with a Pool 83 $1,141,018 53 days
Reduced Price Homes 5 $624,360 35 days
Jones-Ticknor Realty Group / Corcoran 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

© 2021 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 22, 2021
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