CO Durango Resort, MLS, Real Estate and Property Listing » Durango Real Estate Statistics

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

2-5-10 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

What sold in 2009 in LaPlata County??

Shaheen — Mon, 01 Feb 2010 22:53:26 +0000

2009 All La Plata County Sold Statistics:

Jan. 1 st 2009 – December 31 st 2009

Category _ Total Volume Total units _ Avg. Price Median Price Avg DOM

Durango Res.- $122,806,644…….268………$458,233…………$379,950…………….216

Dgo. Co/Tnhm-$28,315,277………..94………$301,226…………$266,000…………….238

All Bayfield Res.-$32,085,002……125………$256,680…………$245,000……………..175

All Ignacio Res.- $3,057,388………..13………$235,183…………$220,000……………..129

All Resort Res.- $22,993,177………52………$442,176…………$302,500…………….278

Vacant Land- $18,464,500………86……..$214,703………….$164,950………………379

Farm & Ranch- $22,162,000………4……$5,540,500……….$5,667,000……………..175

Commercial- $8,595,075……….11……..$781,370…………..$464,364……………..233

Notes: Durango, Bayfield and Ignacio include both in-town and rural residential properties.

DOM = Days on market

Source: Colorado real estate Network (CREN MLS) from Jan 2010

Res. = Residential, DGO = Durango, Co/Tnhm = Condo/Town home

* Our statistics are looking up from 2008 with an increase in # of units sold and decrease in days on market. These are positive signs of slow market recovery. Buyers are becoming more savvy shoppers and some sellers are pricing their homes more competitively.

Looking forward to a great 2010!

Feel free to email or call us with questions anytime, 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

1/24/10 Blue Ribbon Market Update

Shaheen — Mon, 25 Jan 2010 05:44:00 +0000

Blue Ribbon’s Weekly Market Update:

What has sold?
10 Homes have sold in Durango since 1/10/10. Homes were priced from $165k-$930k.

-Average list price was $518k -Average sold price: $425k
-Average Days on market: 350
-Average sold price per square foot from these homes: $246.00
-4 homes were in town, the other 6 in rural Durango locations
How many homes are under contract?

There are currently 64 homes in Durango with pending sales. Listed prices range from $70,000 to $2.4 mil.

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

Anything New?
There are 17 new listings on the market since last Wednesday prices range from $129k-$2.2Mil. Here are the new listings:

Click Here to View 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

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

Happy New Year – May 2010 find you happy, healthy and prosperous

Claudia — Thu, 31 Dec 2009 17:35:58 +0000

It’s been quite the ride in real estate in 2009. Tough for sellers, scary for buyers, I feel it can only get better. If you are buying, this is the first time in 15 years in Durango that prices are down and sellers are willing to negotiate. In my book, definitely a great time to buy.

Here’s what our Realtor Board President has to say about the Durango Real Estate Market:

“In real estate, it has been one of the most turbulent years in recent history. The first nine months showed a 30% decline in transactions, and the fourth quarter to date is showing a 13.6 % gain in transactions. This reversal has been a long time in coming, as 2009 is the fourth straight year of the down market, but it is with hope that we begin 2010.

The market should improve in the first half of 2010 as we work against low results from last year, coupled with the general consensus that the worst is over and the market is improving. The extended and expanded first time homebuyers credit and the other new incentives should help to propel the market to new heights in the first half. If the economy continues to expand and consumer confidence gains strength, we will find 2010 to be a solid year in real estate.”

Cheers! Here is to 2010!
–
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

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