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Market update 7-20-10


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Whoa, who turned up the HEAT!?!?!

Yep, it’s that time of year.  This is the hottest time for Durango.  Not as hot as some humid areas closer to the equator but still in the 90’s.

Best way to cool off is to go take a dip in the nice, ice cold Animas river or grab a tube and take the town run!

Here is your weekly market update.

We are still seeing some movement but not as many showings and offers as we saw early this Spring.  It seems as though buyers, sellers and closings are coming in waves.

What has sold?
6 Homes have sold in Durango in the past week.  Homes were priced from $228k-$610k.

-Average list price was $406k     -Average sold price: $394k
-Average Days on market: 101
-Average sold price per square foot from these homes: $209.00
-4 homes were in town, the other 2 in rural Durango locations

Click Here to View CMA Presentation
How many homes are under contract?

There are currently 54 homes in Durango with pending sales.  Listed prices range from $129,000 to $2.9 mil.  .

27 of these homes are in town.
27 are in rural areas of Durango.

Any New listings?

There are 25 new listings that have posted in the last week. 11 are in town and 14 are in rural areas of Durango.

Click here to see new listings

These statistics are only for Durango in town and 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!

Thanks for reading!

Shaheen Hood
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


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