Realtytimes reports a positive real estate outlook, with encouraging numbers on the real estate front, including new housing construction and sales of existing homes, continue to point toward a sustained recovery in the months ahead… http://realtytimes.com/rtpages/20090825_realestateoutlook.htm
Durango real estate is no different, the 2009 summer season has seen an increase in volume of real estate sold. I just pulled comps for residential sales and listings for the greater Durango area (including rural and Bayfield, basically all of La Plata County). There are 1164 listings in Durango and 83 have sold in July and August (as of August 25th). These 83 sales have a median price of $300,000. In addition there are 84 properties marked as sale pending, these number show a nice increase over the first two quarters and I’ve notices as much with showing requests and offers written in our office as well.
Things are picking up, if you are thinking about buying don’t wait, start looking now.
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Claudia Williams
Owner/Ecobroker/Exchangor
Blue Ribbon Properties
835 Main Ave #214
Durango, CO 81301
970 247 8388 (office)
970 749 3555 (cell)
970 247 8360 (fax)
www.blueribbondurango.com
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The Scoop on Durango Real Estate
www.blueribbondurango.com/blog