We are seeing a strong increase in phone calls, showings, offers and closed sales!!! Yay! The market is starting to move again. Spring brings signs of a good season and buyers bring signs of a good year ahead of us.
Here is your Blue Ribbon’s Weekly Market Update:
What has sold?
11 Homes have sold in Durango in the past week. Homes were priced from $195,000-$750,000.
-Average list price was $365k -Average sold price: $350k
-Average Days on market: 218
-Average sold price per square foot from these homes: $228.00
-7 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 78 homes in Durango with pending sales. Listed prices range from $57,900 to $5.7 mil.
34 of these homes are in town.
44 are in rural areas of Durango.
Any New listings?
There are 20 new listings that have posted in the last week. 10 are in town and 10 are in rural areas of Durango. Prices range from $249,900-$1.4 mil.
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