Is now a good time to sell my house in Cave Creek?
For most Cave Creek owners, the calendar that matters is their own. A sale works best when it fits your next move, your finances and the condition of the house.
If you want a market signal, compare recent sales of homes like yours in Cave Creek with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.
Should I sell my Cave Creek house as-is or fix it up first?
Make the inexpensive, visible repairs an inspector would flag, and skip the big projects. Sell as-is when the work would cost more, or take longer, than it would add.
Cave Creek is a mix of older and newer homes. In our sample, four of nine were built in 1980 or earlier, so an older house competes with newer ones and its condition shows. Older homes there also sell at a wider discount to new construction than the Arizona median, 11.3 percent against 24.9 percent.
What are the benefits of selling my Cave Creek house off-market?
Privacy, no repairs and a closing date you choose.
- Privacy. The house is never listed for sale, and there are no showings or open houses.
- No preparation. No repairs, staging or deep cleaning before you sell.
- Certainty on timing. You choose the closing date at the start, not after the inspection.
- A simpler negotiation. One buyer and one conversation, from offer to closing.
What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.
What does it cost to sell a house in Cave Creek?
On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.
On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.
Line by line in How Much Does It Cost to Sell a House?
How fast can I sell my house in Cave Creek?
As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Arizona’s closing documents set the floor.
A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.
If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?
How does selling my Cave Creek house off-market work?
In four steps, with no listing and no showings.
- You tell us about the house, by the offer form or by contacting us.
- Someone on our team reviews the house and the neighborhood and may ask to see it.
- You get an offer, with no obligation to accept it.
- If you accept, a title company or closing attorney handles the closing on the date you choose.
You will know in writing who the buyer is before you sign anything.
What if my Cave Creek house isn’t selling?
Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.
Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?
How do I sell an inherited house in Cave Creek?
Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.
Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Arizona can explain the rest. More in How Do I Sell a House I Inherited?
How does Cave Creek compare with nearby neighborhoods?
North Scottsdale and Pinnacle Peak, 8 miles away, has 11 older homes among the 16 we sampled. Anthem and North Phoenix, 12 miles away, counts one older home among the one we sampled. Troon and Desert Mountain, 12 miles away, shows 20 older homes among the 38 we sampled. Cave Creek ranks tied for 240th nationally for older homes, behind two of them.
Every neighborhood in the index has its own page, and the Arizona page lists all 44 in the state.
Do older homes in Cave Creek sell for less than new construction?
In our sample, yes. The average price of older homes in 85331 was 11.3 percent of the average price of new construction in the same ZIP code. The Arizona median is 24.9 percent, and the index median is 23.1 percent. With four older homes behind it, treat the figure as a rough guide.
The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.
Cave Creek by the numbers
Of the nine homes in the Address District sample for Cave Creek (85331), four were built in 1980 or earlier, a share of 44.4 percent. That places 85331 tied for 240th of 1,192 ZIP codes nationally for the number of older homes, and 17th of 44 in Arizona.
Across the 44 Arizona ZIP codes in the index, 57.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.
With nine homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.
How 85331 compares
Share of older homes
Homes in the sample built in 1980 or earlier
Older home prices against new construction
Average older home price as a share of new construction
Nearby neighborhoods in the index
| ZIP | Place | Distance | Rank | Share |
|---|---|---|---|---|
| 85266 | North Scottsdale / Pinnacle PeakScottsdale, AZ | 8 mi | 64 | 68.8% |
| 85086 | Anthem / North PhoenixPhoenix, AZ | 12 mi | 883 | 100.0% |
| 85262 | Troon / Desert MountainScottsdale, AZ | 12 mi | 22 | 52.6% |
| 85085 | North Phoenix / Sonoran FoothillsPhoenix, AZ | 13 mi | 883 | 100.0% |
| 85255 | North Scottsdale / DC Ranch / SilverleafScottsdale, AZ | 13 mi | 58 | 19.0% |
| 85024 | North Phoenix / Desert Ridge edgePhoenix, AZ | 17 mi | 883 | 100.0% |
| 85254 | Kierland / Scottsdale Airpark / Magic ZIPScottsdale, AZ | 19 mi | 17 | 85.2% |
| 85260 | Scottsdale Airpark / Cactus CorridorScottsdale, AZ | 20 mi | 78 | 83.3% |
The top of Arizona
| State rank | ZIP | Place | Homes | Older homes | Share |
|---|---|---|---|---|---|
| 1 | 85018 | Arcadia / Camelback EastPhoenix, AZ | 53 | 33 | 62.3% |
| 2 | 85253 | Paradise Valley CoreParadise Valley, AZ | 51 | 31 | 60.8% |
| 3 | 85254 | Kierland / Scottsdale Airpark / Magic ZIPScottsdale, AZ | 27 | 23 | 85.2% |
| 4 | 85262 | Troon / Desert MountainScottsdale, AZ | 38 | 20 | 52.6% |
| 5 | 86406 | Lake Havasu CityMohave County, AZ | 20 | 15 | 75.0% |
| 6 | 85251 | Old Town ScottsdaleScottsdale, AZ | 21 | 13 | 61.9% |
| 7 | 85255 | North Scottsdale / DC Ranch / SilverleafScottsdale, AZ | 58 | 11 | 19.0% |
| 8 | 85266 | North Scottsdale / Pinnacle PeakScottsdale, AZ | 16 | 11 | 68.8% |
| 9 | 85260 | Scottsdale Airpark / Cactus CorridorScottsdale, AZ | 12 | 10 | 83.3% |
| 10 | 85268 | Fountain HillsMaricopa County, AZ | 14 | 7 | 50.0% |
All 44 Arizona ZIP codes in the index ›
About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.