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Carefree/Cave Creek, AZ Real Estate Market Report - August

For the month of August, in Carefree/Cave Creek, AZ the number of sold listings and the average sales prices decreased but this comes after a significant increase in both of these areas the month before.

Carefree/Cave Creek:
584 Active Inventory



August 2009
August 2008
July 2009
Ave. Sold $
$380,000
$488,000
$436,000
Ave. List $
$492,000
$801,000
$520,000
New Listings
107
133
149
Active Inventory
566
707
581
Sold Listings
63
40
77
Accepted Offers
61
47
63
Days on Market
70
96
124
Months Supply of Inventory
9.0
17.7
7.5



Maricopa County Statistics: 30,712 Active Inventory

Ave. Price of Active Listings: $244,000 (-$1,000 from July)
Ave. Price of Sold Properties: $177,000 (-$5,000 from June)




Based on information from Arizona MLS. Information deemed reliable but not guaranteed

_________________________________________________________________________________________________________________________
Andy Zeal is a Realtor® at Coldwell Banker Residential Brokerage in Scottsdale, Arizona and author of the real estate blog AZintheValley.
For specific neighborhood statistics call 480-540-2291
or visit www.AndyZeal.com

Posted Thursday Sep 17