CO Durango Resort, MLS, Real Estate and Property Listing » Deal of the Week/New Listings

3-1-10 Market update

Shaheen — Mon, 01 Mar 2010 21:34:49 +0000

Things are looking good, buyer are out shopping again. Seller’s not dropping too much on prices but there is light on the horizon. Here is the activity for Durango from the last 7 days.

What has sold in the last week?
9 Homes have sold in Durango in the past week. Homes were priced from $190k-$529k.

-Average list price was $310k -Average sold price: $294k
-Average Days on market: 171
-Average sold price per square foot from these homes: $168.00
-3 homes were in town, the other 6 in rural Durango locations

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

There are currently 65 homes in Durango with pending sales. Listed prices range from $70,000 to $5.9 mil. Median price is $299K.

35 of these homes are in town.
30 are in rural areas of Durango.

Any New listings?

There are 19 new listings that have posted in the last week. 12 are in town and 7 are in rural areas of Durango. I only expect to see this # go up over the next 6 months.

Click here to see new listings

These statistics are only for Durango homes in town are rural areas of Durango over the last 7 days. If you would like statistics on other surrounding areas, vacant land 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

2-19-10 Blue Ribbon Weekly Market changes

Shaheen — Fri, 19 Feb 2010 20:35:59 +0000

Continuing from last week, the phones are still ringing and people are putting in offers. It’s going to be a busy year. Here in Durango it’s dumping snow outside with plans to keep snowing or the next 5 days!

Here is your Blue Ribbon’s Weekly Market Update:

What has sold?
8 Homes have sold in Durango in the past week. Homes were priced from $178k-$800k.

-Average list price was $385k -Average sold price: $367k
-Average Days on market: 280
-Average sold price per square foot from these homes: $221.00
-4 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 63 homes in Durango with pending sales. Listed prices range from $70,000 to $5.9 mil.

29 of these homes are in town.
34 are in rural areas of Durango.

——————————————————————————————–

Any New listings?

There are 19 new listings that have posted in the last week. 7 are in town and 12 are in rural areas of Durango. Prices range from $259k-$2.5 mil.

Click here to see new listings

——————————————————————————————–

These statistics are only for residential houses in 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

2/12/10 Blue Ribbon market changes in the last week

Shaheen — Thu, 11 Feb 2010 22:09:03 +0000

Blue Ribbon’s Weekly Market Update:

It has been busy here! As I have said in the last few weeks, the market is picking up. Many buyers are starting to call and ask all the right questions, sellers calling asking “what do I need to do to sell my house?” Not a full market recovery but there are irons in the fire and it’s going to be a good year for selling and buying. I have never been so busy in the middle of winter!

Many sellers are still sticking to their prices and many buyers are looking for a good deal. The most challenging time for the deals that are under contract is the inspection period, buyers can be skidish are ready to back out on the drop of a dime. My advice, take it one step at a time, breathe, and don’t loose sight of your original goal. Evaluate each detail on the true level imporantce and compare it to the big picture.

What has sold in the last week?
7 Homes have sold in Durango in the past week. Homes were priced from $124,900-$800,000.

-Average list price was $376,900k -Average sold price: $369,000
- Average Days on market: 216
-Average sold price per square foot from these homes: $196.00
-3 homes were in town, the other 4 in rural Durango locations

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

25 homes are in town.
32 are in rural areas of Durango.
There are currently 57homes in Durango with pending sales. Listed prices range from $70,000 to $5.9 mil. Averge price was $484k, Median price is $299,900.

Anything new?

Here are the 11 new listings posted since last week:
Click here to see new listings
–
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

2-5-10 Market Activity Stats by Blue Ribbon!

Shaheen — Fri, 05 Feb 2010 16:56:11 +0000

Blue Ribbon’s Weekly Market Update:

What has sold?

8 Homes have sold in Durango in the past week.

Homes were priced from $124k-$510k.

-Average list price was $289k

-Average sold price: $266, Median sold price was: $225k

-Average Days on market: 197

-Average sold price per square foot from these homes: $214.00

-3 homes were in town, the other 5 in rural Durango locations

Click Here to View CMA Presentation

Sales Pending / Under Contract?

There are currently 56 homes in Durango with pending sales.

Listed prices range from $70,000 to $5.9 mil.

Median price is $322K.

25 of these homes are in town. 31 are in rural areas of Durango.

Anything New?

There are 13 new listings on the market since last week prices range from $119k-$749k.

Here are the new listings: Click Here to View New Listings

* Call or email is for any questions, or if you would like staticstics sent to you outside of these paramaters.

– 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

Blue Ribbon is Expanding – Office opening downtown Aztec today!

Claudia — Thu, 04 Feb 2010 00:21:52 +0000

NEW – Blue Ribbon is expanding! Our new real estate office opened in downtown Aztec on Main Ave today!

Located right downtown, on 205 Main Ave, Aztec, NM, 87410, the new Blue Ribbon Properties office is serving San Juan County in New Mexico, including the Farmington and Aztec area. Owned by Stacy and Chris Engle and Claudia Williams, Blue Ribbon in Aztec offers full service real estate, property management and real estate sales.

Call 505 334 8814 for more information. Look no further for Farmington New Mexico real estate deals. Rental and investment properties cash flow much better here than in Durango, they work well in New Mexico, the rent will pay your mortgage and more, and even better, Blue Ribbon will manage the property so you won’t have to worry about a thing! Call today. 2010 is going to be a great year!

–
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

Check out my blog
The Scoop on Durango Real Estate
www.blueribbondurango.com/blog

1/8/10 Blue Ribbon Market Update

Shaheen — Fri, 08 Jan 2010 18:15:57 +0000

The overall forecast for 2010 is looking good. All signs are pointing to improvement! The phones have been ringing off the hook, buyers are looking at it’s the middle of winter -which is normally the down season!

Typically the activity over the holidays is slower because people are traveling and spending time with family and friends. Watch for the market updates over the next couple of weeks and I’d bet you’ll see a steady increase in sales, pending listings and new listings.

* Here is your weekly market update:

What has sold?

4 Homes have sold in Durango in the past week. Homes were priced from $234k-$937kl.

-Average list price was $557k -Average sold price: $532k
-Average Days on market: 117
-Average sold price per square foot from these homes: $167.00
-All 4 homes were in rural Durango locations

Click Here to View CMA Presentation

How many homes are under contract?

There are currently 56 homes in Durango with pending sales. Listed prices range from $70,000 to $2.4 mil. Median price is $347K.

26 of these homes are in town.
30 are in rural areas of Durango.

Anything New?

There are 11 new listings on the market in the last week, prices range from $59k-$729K. Here are the new listings:

Click Here to View New Listings

If you would like statistics on other areas or within specific parameters, let us know, we would be happy to send them your way!

Thanks for reading!

–
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

12/16/09 Blue Ribbon’s Weekly Market Update:

Shaheen — Wed, 16 Dec 2009 20:08:00 +0000

With the holidays here and full on winter just outside our front door, we don’t expect too much activity over the next couple of weeks but people are still looking and calling with questions.

After the new year we do expect much higher numbers in buyers and sales. The crowd of ski vacationers and family visits are usually at their highest in Jan and Feb and with all the snow we have been getting lately, the skiing should be pretty fun!

With that said, here is the recent real estate activity over the last week!

* What has sold?

9 Homes have sold in Durango in the past week. Homes were priced from $188k-$625k.

-Average list price was $367K -Average sold price: $353k

-Average Days on market: 208

-Average sold price per square foot from these homes: $202.00-

- 2 homes were in town, the other 7 in rural Durango locations

Over the last few months I have seen the average sold price slowly rise and the average days on market slowly drop. The percentage of original list price and sold price has stayed about the same (between 8%-12%). This tells me that there are a few more buyers out there and the market is on a slow and steady rise. Click Here to View CMA Presentation on homes sold

* How many homes are under contract?

There are currently 71 homes in Durango with pending sales. Listed prices range from $124,000 to $2.9 mil. Median price is around $350K.

39 of these homes are in town.
32 are in rural areas of Durango.

* Anything New?

There are 9 new listings on the market since last Wednesday prices range from $165k-$859K. Here are the new listings:

Click Here to View New Listings

These statistics only include Durango homes, not land or any surrounding areas. We are happy to send you similar statistics for specific locations that you are have interest in…just call or email…happy to help!

Happy Holidays Friends!

Cheers!

–
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

12/9/09 Blue Ribbon’s Weekly Market Update:

Shaheen — Wed, 09 Dec 2009 23:14:27 +0000

We had a big storm pull through this week, adding few feet of fresh powder to our little mountain town! Everything has been painted a beautiful shade of white. Meanwhile we are still here working hard!

Here is your weekly market update:

What has sold?

11 Homes have sold in Durango in the past week. Homes were priced from $17k-$1.2 Mil.

-Average list price was $467k -Average sold price: $422k
-Average Days on market: 245
-Average sold price per square foot from these homes: $183.00
-6 homes were in town, the other 5 in rural Durango locations

Click Here to View CMA Presentation

How many homes are under contract?

There are currently 73 homes in Durango with pending sales. Listed prices range from $124,000 to $2.9 mil. Median price is around $350K.

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

Anything New?

There are 11 new listings on the market since last Wednesday prices range from $194k-$1.2Mil. Here are the new listings:

Click Here to View New Listings

For more info or statistics on surrounding areas or additional info, feel free to call or email us, we are happy to help.

–
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

Looking for the scoop on Durango Real Estate? Check out our blog!
http://blueribbondurango.com/blog

12/3/09 Blue Ribbon Market Update

Shaheen — Thu, 03 Dec 2009 23:25:36 +0000

Blue Ribbon’s Weekly Market Update:

Busy Busy Busy…the holiday weekend last week was a little quiet but ever since we’ve come back to the office, it’s been double the work load!

We are here and ready for action. Seems like the phones are ringing and buyers are looking.

* What has sold?

13 Homes have sold in Durango in the past 2 weeks. Homes were priced from $299k-$879k.

-The average sold price: $401. Median $350K
-Average Days on market: 256
-Average sold price per square foot from these homes: $188.00/sf
- 9 homes were in rural Durango locations the other 4 were in town.

Click Here to View sold homes

* How many homes are under contract?

There are currently 73 homes in Durango with pending sales. Listed prices range from $16K to $2.9 mil.

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

* Anything New Available?

There are 23 new listings on the market in the last 15 days prices range from $174k-$3.2 mil.

Here are the new listings: Click here to see new listings

——————-

Everyone is asking. How’s the market? It’s improving! But most likely what you really want to know is…

….how’s the market for selling MY home or what has sold in my neighborhood. Or how’s the market for buying a great deal?

We can help, just call or email with specific questions and we would be more than happy to give you the exact answers you have been looking for.

As always, thanks for reading! Happy Holidays!

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

11/18/09 Blue Ribbon Market Update

Shaheen — Wed, 18 Nov 2009 17:04:27 +0000

I can’t say it enough…it’s a great time to buy!

There was an interesting article posted in this Sunday’s paper about the recent home sales in La Plata County. The positive article brings up the recovery of the market and how the median home price is gradually falling. Buyers are returning for the good deals and volume is up from last year.

Click here to read Sunday’s article

The 1st time home buyer tax credit was extended to next April and the feds added a $6,500 tax credit for current homeowners who have owned their home for over 5 years. With positive market statistics, great mortgage rates and buyer credit incentives…the magic 8-ball says “all signs point to yes”! Get it while the gettin’s-good!

*****As for weekly statistics:

14 Homes have sold in the last week. 5 were in town, the other 9 were in rural areas of Durango. This number has been gradually on the rise.

-The median sold price was $502,500 (gone up from last week)

-The average sold price: $526k. (gone up from last week)

-Average Days on market: 193 (this is about average right now)

-Average sold price per square foot from these homes: $222.00 (going up)

Here are the homes that sold

* How many homes are under contract?

Currently there are 74 homes with sales pending, Prices range from $16,000 – $2.9 million.

Click Here to View New Listings

Feel free to email us with any questions! We are here to help!
Thanks for reading.

–
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