Cave Creek is described by many as "the jewel of the desert." Also known as North Phoenix, this area is one of the fastest-growing communities in Arizona. Though almost half of the 28 square miles of Cave Creek is still pristine as a Sonoran Desert, an influx of new business into the area from Phoenix has increased the employment base and spurred the creation of a number of new residential developments. Of these, the town of Cave Creek has the best residential homes the area has to offer. This growing community is less than 30 minutes from the heart of Phoenix and some of the best shopping, entertainment and recreational facilities in the state.(more)
Both Cave Creek and Carefree have managed to maintain their small-town atmosphere and eco-friendly relationship with their rugged desert surroundings. With an abundance of open land and a low population density, residents often share space with the likes of deer, bobcats, cardinals and quail, along with an abundance of ancient saguaro cactus. An array of recreational activities such as hiking, golf, horseback riding and art exhibits are available to residents, and nearby lakes provide perfect venues for fishing, boating and other water sports. In addition, the Cave Creek School District is one of the best in the state, providing elementary, middle and high school students the personalized attention which only an area with a rural atmosphere can provide within the Phoenix metro area.
Cave Creek Real Estate Info: Price Range of Cave Creek Houses for Sale
The real estate market in Cave Creek was designed for all types of residents, both active and passive, from those looking for homes, to people looking for retirement communities. You can find affordable homes listed from $200,000 to $5 million for large estate properties and ranch-style properties. In the more planned community of Desert Ridge, property listings range from $350,000 to $900,000. Single family homes in Cave Creek start in the mid $200,000s to $5 million. A select few townhomes can be found in either of these areas ranging from $400,000 to $500,000. Land and lots are available for custom building.
Cave Creek, Arizona Average Home Sizes and Asking Prices
Cave Creek Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $600,592 compared to $602,828 the previous week, for a slight decrease of less than -1%. For Saturday, August 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.40%; the 15 year fixed rate is at 2.67%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.80%, while the 15 year jumbo rate currently is at 3.49%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Cave Creek AZ. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Cave Creek to help you find the best home!