Bring on the rain!  Yay for monsoon season!  It has been hot but at least now it rains just about every day for a hour or so…it cools off the town. 
As for real estate…we are busy here, not as many offers but buyers are still out there hunting for deals!  If you haven’t looked lately [...]

The summer is here!  The town is in it’s prime.  Things have been busy at the office.
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 $196k-$652k.
-Average list price was $361k     -Average sold price: $348k
-Average Days on market: 83
-Average sold price per square foot [...]

Here is your weekly update on what has sold, new listings and any price changes!!!
What’s Sold:
14 homes have sold in the last week in Durango! The prices for those homes range from $70,000 to $1,350,000.
The average days on the market was 280.
Click here to see

LIST PRICE

SOLD PRICE:

HIGH
LOW
AVERAGE
MEDIAN
TOTAL PRICE
LISTING COUNT

$1,350,000

$70,000

$437,982

$337,450

$6,131,750

14

$1,294,000

$63,000

$416,321

$328,450

$5,828,500

Price Changes:
54 homes have had a price [...]

Here is the Durango real estate market update for the last 8 Days!
What’s Sold:
18 Listings have sold in the Durango area. The prices ranged from $125,250 to $727,500
Click on the Link to See
The average days on market was 171.

LIST PRICE:

SOLD PRICE:

HIGH
LOW
AVERAGE
MEDIAN
 
 

$749,900

$125,000

$322,026

$300,000

$727,500

$125,250

$304,697

$299,000

Price Changes:
69 homes have had a price change. The prices range from $59,900 to $2,100,000.
Click [...]

Here is your Blue Ribbon’s Weekly Market Update:
What has sold?
6 Homes have sold in Durango in the past week.  Homes were priced from $188k-$750k.
-Average list price was $361k     -Average sold price: $349k
-Average Days on market: 204
-Average sold price per square foot from these homes: $222.00
-5 homes were in town, the other 1 in rural Durango locations
Click [...]

The gradual improvement continues.  I set up 6 showings this morning to show a clients some properties…while setting them up, 2 of the 6 had just gone undercontract  in the last 2 days.  This is a sure sign that properties are moving.  Telling my client that these 2 houses were already under contract definitely put [...]

Dear Readers
  
Durango Real Estate is looking up again, as both the 1st quarter home sales statistics for 2010 and current sale pending numbers show.  
First, here is an excpert of the press release of the Durango Area Association of Real Estate on the 1st quarter real estate sales statistics (click here for the full article and [...]

I recently read an article from Homes.com/Realtor.com showing this years statistics so far and how pending home sales show a healthy gain nationwide.  Could results in a Spring surge this year!
 CLICK HERE TO READ FULL ARTICLE
In the local Durango market:
What has sold?
17Homes have sold in Durango in the past week.  Homes were priced from $94k-$400k.
-Average list price was $279k     [...]

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 [...]

AUCTION!
Can’t sell your property? How about trying an auction? We’ve had great success with online autions, where the seller can both have the house listed with a Realtor on the MLS and market an auction date to generate traffice and get the property sold (with a minimum reserve price). The hype of auctions offers a [...]