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Wednesday, November 6, 2024

Cave Creek (unincorporated) home prices rise in January 2018

Re 13

The median sale price of a home sold in January 2018 in Cave Creek (unincorporated) rose by $315,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In January 2018, there were six homes sold, with a median sale price of $709,500 - a 80.1% increase over the $394,000 median sale price for the same period of the previous year. There were seven homes sold in Cave Creek (unincorporated) in January 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 January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Paradise Valley (unincorporated) 30-$3,800,000$0-
Paradise Valley362263.6%$1,962,500$1,430,50037.2%
Cave Creek (unincorporated) 67-14.3%$709,500$394,00080.1%
Gilbert (unincorporated)110%$600,000$585,0002.6%
Laveen (unincorporated) 220%$579,250$295,00096.4%
Scottsdale (unincorporated) 63100%$566,000$875,000-35.3%
Carefree151225%$480,000$557,500-13.9%
Rio Verde (unincorporated) 147100%$456,400$535,000-14.7%
Cave Creek10666.7%$456,250$727,500-37.3%
Peoria (unincorporated) 82300%$406,000$345,45017.5%
Scottsdale5705219.4%$399,500$392,0001.9%

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