We had a big storm pull through this week, adding few feet of fresh powder to our little mountain town!  Everything has been painted a beautiful shade of white.  Meanwhile we are still here working hard!

Here is your weekly market update:

What has sold?

11 Homes have sold in Durango in the past week.  Homes were priced from $17k-$1.2 Mil.

-Average list price was $467k     -Average sold price: $422k
-Average Days on market: 245
-Average sold price per square foot from these homes: $183.00
-6 homes were in town, the other 5 in rural Durango locations

Click Here to View CMA Presentation

How many homes are under contract?

There are currently 73 homes in Durango with pending sales.  Listed prices range from $124,000 to $2.9 mil.  Median price is around $350K.

37 of these homes are in town.
36 are in rural areas of Durango.

Anything New?

There are 11 new listings on the market since last Wednesday prices range from $194k-$1.2Mil.  Here are the new listings:

Click Here to View New Listings

For more info or statistics on surrounding areas or additional info, feel free to call or email us, we are happy to help.

–
Shaheen Hangval
Broker Associate/EcoBroker with Blue Ribbon Properties

835 Main Ave. Suite # 214
Office: 970-247-8388 Fax: 970-247-8360
Shaheen’s Cell: 970-769-2441

Looking for the scoop on Durango Real Estate?  Check out our blog!

http://blueribbondurango.com/blog