The housing market in Cave Creek, AZ continues to be a Sellers market.
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. We will continue to watch for changes in the Market Action Index. Any indication that the market is heating up, could also indicate that prices are likely to resume an upward climb.
This month the median list price for Cave Creek, AZ 85331 was $730,000.
The Average Days on Market in 85331 is 146 days. This seems long, but it is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower priced areas.
For more detail on the housing market in Cave Creek, AZ visit the following link: November 2019 - Cave Creek, AZ
Interested in a home in Cave Creek, Carefree, N. Phoenix or N. Scottsdale? Give me a call at 480-390-6011. I am your North Valley expert.
This months market report courtesy of Pioneer Title Agency, www.PTAAZ.com