Scottsdale Real Estate Report

Jeff Kalina
RE
/MAX Excalibur

15160 North Hayden Road
Scottsdale, AZ  85260
Direct - (602) 625-4222
jeff@southwestrealestate.com

HOME | MONTHLY TRENDS | CITY GUIDES | BUYING | SELLING | SCHOOLS | ARTICLES | RELO GUIDE

Cave Creek Real Estate Annual Market Trends

In 2007, Cave Creek home prices fell from the year before. The median price for single-family homes lost 7.2% to $487,250, while the average price dropped 3.6% to $552,170. Home sales were off 22.2%.

Cave Creek
(Single-family Homes)
  Median Average Number     Percent Change
Price Price Sold SP/LP DOM Median Average Sold
2000 $236,000 $282,001 605 96.7% 66      
2001 $245,000 $275,099 683 97.0% 61 3.8% -2.4% 12.9%
2002 $260,000 $284,540 751 96.9% 75 6.1% 3.4% 10.0%
2003 $289,900 $315,160 851 96.9% 73 11.5% 10.8% 13.3%
2004 $339,000 $376,321 1,057 97.9% 56 16.9% 19.4% 24.2%
2005 $480,000 $547,945 879 98.2% 44 41.6% 45.6% -16.8%
2006 $525,000 $573,073 576 96.5% 104 9.4% 4.6% -34.5%
2007 $487,250 $552,170 448 95.7% 155 -7.2% -3.6% -22.2%

For detailed information on Cave Creek homes, the few condos and town houses, or the gated communities, country clubs or investment property in the city, call or send me an e-mail. Better yet, fill out one of my forms. There's one for buyers and one for sellers of Cave Creek real estate.


The Scottsdale Real Estate Report is published by:

Jeff Kalina
RE
/MAX Excalibur

15160 North Hayden Road
Scottsdale, AZ  85260
Direct - (602) 625-4222
jeff@southwestrealestate.com



© 2006 by http://southwestrealestate.com. All rights reserved


Monthly Trends

A month-by-month look at prices and sales.