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PHX Reporter

Friday, November 1, 2024

Cave Creek (unincorporated) home prices fall in April 2018

Re 12

The median sale price of a home sold in April 2018 in Cave Creek (unincorporated) fell by $400 while total sales increased by 55.6%, according to BlockShopper.com.

In April 2018, there were 14 homes sold, with a median sale price of $558,500 - a 0.1% decrease over the $558,900 median sale price for the same period of the previous year. There were nine homes sold in Cave Creek (unincorporated) in April 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 April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Paradise Valley3848-20.8%$2,318,750$1,350,00071.8%
Paradise Valley (unincorporated) 3250%$1,599,000$1,392,50014.8%
Scottsdale (unincorporated) 49-55.6%$638,200$485,00031.6%
Uninc-85262/Tonto National Forest35-40%$607,000$75,000709.3%
Cave Creek (unincorporated) 14955.6%$558,500$558,900-0.1%
Rio Verde (unincorporated) 12120%$548,125$425,00029%
Glendale (unincorporated) 15-80%$460,000$184,900148.8%
Cave Creek1112-8.3%$460,000$547,500-16%
Scottsdale7306679.4%$447,500$390,00014.7%
Laveen (unincorporated) 41300%$442,500$427,5003.5%
Peoria (unincorporated) 660%$432,500$473,500-8.7%

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