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PHX Reporter

Friday, November 1, 2024

Cave Creek (unincorporated) home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Cave Creek (unincorporated) rose by $82,500 while total sales decreased by 12.5%, according to BlockShopper.com.

In March 2018, there were seven homes sold, with a median sale price of $545,000 - a 17.8% increase over the $462,500 median sale price for the same period of the previous year. There were eight homes sold in Cave Creek (unincorporated) in March 2017.

The median sales tax in Cave Creek (unincorporated) for the most recent year with available data, 2017, was $1,850, approximately 0.3% of the median home sale price for March 2018.

The following table compares Cave Creek (unincorporated) to other Maricopa County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Carefree221369.2%$725,228.50$695,0004.3%
Cave Creek11110%$650,000$585,00011.1%
Scottsdale (unincorporated) 10825%$610,000$510,00019.6%
Peoria (unincorporated) 112450%$550,000$490,45012.1%
Gilbert (unincorporated)20-$547,500$0-
Cave Creek (unincorporated) 78-12.5%$545,000$462,50017.8%
Rio Verde (unincorporated) 201625%$481,500$496,250-3%
Uninc-85207/Apache Junction12-50%$481,000$452,5006.3%
Uninc-85262/Tonto National Forest52150%$450,000$733,198-38.6%
Scottsdale717742-3.4%$425,000$405,0004.9%
New River (unincorporated) 1315-13.3%$400,000$340,00017.6%

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