Cave Creek

Cave Creek has had a 31%, or 1156 population increase in the past five years.   Estimates show a current population of 4884 in Cave Creek.

Cave Creek Real Estate
The average resale price for a home in Cave Creek was $547,500 and new home was $730,000 as of the end of the first quarter 2006.  Since 2004 the average resale home price has risen $247,600 or 89%.   The average new home price has risen $360,940 or 96%.

Cave Creek was incorporated in 1984 and covers 8.5 square miles.  Things to do in Cave Creek include going to the Cave Creek Museum which has Indian artifacts and cowboy memorabilia.  Another outing in Cave Creek would be visiting Cave Creek Mistress Mine.  This mine is northeast of Carefree and on Seven Springs Road and demonstrates to all that visit how mining was done in the 1880s.

Cave Creek History
Cave Creek started out as a mining town.   In the late 1860’s miners were a plenty in Cave Creek, Wickenburg, and New River.  In 1874 gold was found on Gold Hill and the Cave Creek Mistress Mine began.  In 1873 a road was built between Phoenix and Cave Creek.   It was just a wagon road, but it later became well traveled Cave Creek Road. 

In the early 1900’s ranching started in the Cave Creek area.   Later the construction of Bartlett Dam and the Horseshoe Dam brought in an influx of people.    The area has continued to grow since then.  
 
References:
1.  Compiled Information provided by Arizona State University, Arizona Real Estate Center, www.poly.asu.edu/arec/
2.  Population Division, U.S. Census Bureau, Release Date June 21, 2006 
3.  www.CaveCreek.info