Cave Creek new construction homes for sale

The median sale price was $1,606,602 for the 29 new construction homes in Cave Creek that sold from November 1, 2025 to November 1, 2026, or $436 per square foot, with sale prices from $792,000 to $4,999,000. Those listed for sale on November 1, 2026 had a median list price of $2,474,450.

As of November 1, 2026, 24 new construction homes in Cave Creek were listed for sale in the MLS, and 15 of them were priced at $2 million or more. The search on this page updates continuously, so it always shows the current count.

Those that sold over the past 12 months spent a median of 88 days on the market and closed at a median of 97.5% of their final list price, or 94.01% of their original list price.

With 24 listings today and about 2.4 sales a month over the past year, the Cave Creek new construction market has about 9.9 months of supply, which is leaning toward buyers. Price points and home types move at different speeds, so ask us for the numbers on the homes you are considering.

4 of the 29 closed sales, or 14%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. That is too few sales to report a meaningful median concession.

Of the 66 listings that left the market over the past 12 months, 29 closed and 37 were cancelled or expired, a listing success rate of 44%. A listing that was cancelled and then relisted counts as cancelled.

Confirm the certificate of occupancy, final inspection, and builder warranty, and ask for the permits and approved plans. Year built on the MLS is entered by the listing agent, so confirm the build date too. In the Town of Cave Creek, grading needs a zoning clearance and building permit first, and land within 12 feet of a property line in a Desert Rural zone stays natural, which can limit later additions such as a pool or casita.

The median sale price for Cave Creek homes sold new, meaning a year built of the sale year or the year before, was $559,990 in 2016 and $1,603,301 in 2025, up 186%. So far this year, through November 1, 2026, the median is $1,514,633.

Our search and statistics include residential listings in the MLS city of Cave Creek with a year built of 2024 or later, as entered on the MLS record. Cave Creek here is the city on the MLS record, which follows the mailing address. The Cave Creek mailing area is larger than the Town of Cave Creek: the 85331 ZIP code also covers Tatum Ranch, which is in the City of Phoenix, and parts of unincorporated Maricopa County, so confirm the jurisdiction for any property. Figures were calculated by Arizona Luxury Partners from ARMLS data on November 1, 2026.