The town of Carefree was founded in the 1950s by K.T. Palmer and Tom Darlington, and incorporated in 1984. It covers about 8.5 square miles of beautiful Sonoran Desert, and is bordered by the town of Cave Creek to the west, the Tonto National Forest to the north, and the city of Scottsdale to the south and east. Known for its sundial located in the center of town, and for its whimsical street names, the town of Carefree suggests a leisurely style of life. Home construction began in the late 1950s and continues through today, but thanks to strict zoning regulations, its architecture blends in with its desert surroundings, and its population density remains low. While there are custom home sites and horse properties in the outlying areas, the subdivisions closer to the center of town tend to consist of townhouses, patio homes, apartment style flats, and single family detached homes – nineteen different ones are selectable from the Communities drop-down menu.
Carefree, and its neighbor to the west, Cave Creek, always seem to have some entertaining events in the works. Check out the Upcoming Events in the link below, as well as links that touch on the history and future of both communities through active conservation efforts. Please take some time to browse, and learn a little about the area.
Local Quick Links
CAREFREE and CAVE CREEK:
Profile of Carefree via City-Data.com
Town of Carefree
Experience the Difference
Cave Creek, Arizona
Profile of Cave Creek via City-Data.com
Town of Cave Creek
Preserving the Spirit of the Desert
Carefree – Cave Creek Chamber of Commerce
Improving the economic vitality of the business community
Cave Creek Museum
Preserving the historical heritage of the desert foothills
Desert Foothills Land Trust
Protecting the landscape you love
A Statistical Perspective of Carefree Real Estate
Per data from ARMLS®, since August 2007 there have been 271 closed listings among these nineteen subdivisions, of which only 35 were distressed properties (short sales or lender owned). There are presently 9 active listings resulting in an estimated 4.8 months worth of inventory. Reviewing the data from only the 236 normal sales, this period has seen an average increase in value of 30.8%, from about $146/sqft up to $191/sqft. A time series chart is shown below to help illustrate the results.