Here’s the update for the past 10 days.
Sold:
There were 17 sales, price from $20,000 to $4,750,000. Here’s the link.
The average Days on Market was 290, there were several sales over a million which skewed the numbers a bit, here goes. Average sale price was 11.2% below asking.
| High | Low | Average | Median | |
| LP: | $5,750,000 | $190,008 | $887,565 | $399,000 |
| SP: | $4,575,000 | $188,000 | $788,715 | $399,000 |
Price Changes:
There were 117 properties with price change, here’s a link. Some of them substantial, like my listing at Dalton Ranch, on Horsethief Lane. It was reduce by almost $50,000 to $475,000 for a quick sale. This is over $100,000 below what these owner paid for the house less than 2 years ago.
New Listings In Durango and area, including Bayfield:
You can tell spring is here by the fact that there are loads of new listings to choose from. In the past 10 days we had 135 new listings, including land, priced from $35,000 for a lot in Forest Lakes to a $3.2 Million custom home in Tamarron.
Here’s the link.
In Durango and area
If you would like to see other listings or 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!
–
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
Find out if your market has stabilized. Free Report. www.durangohousevalues.com or www.sanjuanhousevalues.com for Farmington and Aztec, NM
Check out my blog
The Scoop on Durango Real Estate
www.blueribbondurango.com/blog