Warm weather and watching the snow disapearing this week shows us Spring is just about here!  Yay!

Here is your Blue Ribbon’s Weekly Market Update:

What has sold?
7 homes have sold in Durango in the past week.  Homes were priced from $47,500-$1,025,000.

-Average list price was $446k     -Average sold price: $370k
-Average Days on market: 300
-Average sold price per square foot from these homes: $182.00
-3 homes were in town, the other 4 in rural Durango locations

Click Here to View CMA Presentation
 

How many homes are under contract?

There are currently 75 homes in Durango with pending sales.  Listed prices range from $78,000 to $1.9 mil.  Median price is around $299K.

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

Any New listings?

There are 23 new listings that have posted in the last week. 12 are in town and11 are in rural areas of Durango.

Click here to see new listings

These statistics are only for Durango in town are rural areas of Durango over the last 7 days.  If you would like statistics on other surrounding areas or specific time frames outside of this criteria, just email or call, we would be happy to send the info your way!

–
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