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

Weekly Market Update!!! 8.26.10

Claudia — Thu, 26 Aug 2010 20:01:51 +0000

The weather is evening out and there is still time to go on a few more camping, fishing and hiking trips!

Here is what the market has been up to in the last week!

Sold??

19 homes have sold in the last week! Their prices range from $87,500 to $1,375,000.

-Average List Price: $489,005 -Average Sold Price: $455,965

-Average Day on Market: 180 -Average Price/SqFt: $208.89

-Durango In-Town: 7 -Durango Rural: 12

Click here to see the CMA Presentation

New??

43 homes have been put on the market in the last week. Their prices range from $50,000 to $10,500,000.

-Average List Price: $678,900 -Average Days on Market: 22

-Average Price/SqFt: $202.18

-Durango In-Town: 8 -Durango Rural: 35

Click here to See the Listings

Price Change??

52 homes have had a price change in the last week. Their prices range from $28,000 to $1,497,000.

-Average List Price: $458,142 -Average Days on Market: 170

-Average Price/SqFt: $205.39

Durango In-Town: 15 - Durnago Rural: 39

Click Here to see the 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!

–

Tuesday Schween
Personal Assistant
tuesday@blueribbondurango.com

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

Weekly Market Update!!!! 8.19.10

Claudia — Thu, 19 Aug 2010 18:48:36 +0000

Exciting flashfloods and thunderous rain storms have been sweeping through the Durango area in the last week. Keep those umbrellas, rain jackets and rain boots out; it’s not about to stop now!

The market is continuing to see activity, so let’s get you those numbers!

What’s Sold??

15 homes have sold in the Durango area. Their prices ranged from $29,900 to $599,000.

-Average List Price: $360,593 -Average Sold Price: $355,560

-Average Days on Market: 203 -Average Price/SqFt: $180.15

-Durango In-Town:7 -Durango Rural: 8

Click Here to see the CMA Presentation

What’s New??

26 homes have gone on the market in the Durango area. Their prices range from $110,000 to $1,659,000.

-Average List Price: $454,256 -Average Days on Market: 11

-Average Price/SqFt: $272.89

-Durango In-Town: 10 -Durango Rural: 16

Click here to see the listings

Price Changes??

59 homes have had a price change. Their prices range from $62,000 to $4,500,000.

-Average List Price: $538,891 -Average Days on Market: 174

-Average Price/SqFt: $216.05

-Durango In-Town: 18 -Durango Rural: 41

Click Here to see the listings

–

Tuesday Schween
Personal Assistant
tuesday@blueribbondurango.com

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

7-31-10 Blue Ribbon market update

Shaheen — Fri, 30 Jul 2010 23:30:16 +0000

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 there are tons of good deals out there.

Here is your Blue Ribbon’s Weekly Market Update:

What has sold?
9 Homes have sold in Durango in the past week. Homes were priced from $120K-$475K.

-Average list price was $313k -Average sold price: $308k
-Average Days on market: 113
-Average sold price per square foot from these homes: $191.00
-5 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 66 homes in Durango with pending sales. Listed prices range from $29,000 to $4.9 mil.
31 of these homes are in town.
35 are in rural areas of Durango.

Any New listings?

There are 18 new listings that have posted in the last week. 3 are in town and 15 are in rural areas of Durango.

Click here to see new listings

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

Real Estate Statistics – 2nd Quarter 2010 sales for Durango Area

Claudia — Thu, 15 Jul 2010 20:35:53 +0000

The Durango Area Association of REALTORS has released their MLS statistical data for the end of the 2nd quarter, 2010. The year-to-date information below provides a summary of residential, commercial and land sales in Durango and Bayfield. Although market trends continue to affect the median price in many segments, the number of sales increased in every category.

The extension of the First Time Homebuyers Credit had a very positive impact on the number of residential sales, with many buyers taking advantage of the $8,000 credit offered by the Federal Government. The percent of increase shown in the Durango residential market is elevated by comparison to 2009’s twenty-year lows. Inventory levels of homes for sale remain high, creating a strong buyer’s market. A good selection of homes and very low interest rates create an ideal purchasing opportunity for the savvy buyer, yet many potential buyers are choosing a wait-and-see stance. In fact, USA Today reported on July 2, 2010 “Mortgage rates are the lowest in more than experts around the country are touting the increased affordability for buyers, noting that a 1% change in the interest rate is equivalent to a 10% change in value. The impact of today’s interest rates, as compared to seeking the lowest possible price, can create the highlight of a purchase and protection well into the future.

Here is a link to the full statistical report for the second quarter of 2010.

In summary, the market is relatively strong, with increased sales and a slight decrease in prices. Call us for more information, whether you are thinking about buying or selling.

–
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

Weekly Market Update!!!!

Claudia — Thu, 08 Jul 2010 18:39:28 +0000

Here is your Blue Ribbon weeky market update for Durango and Bayfield!!

What has sold??

18 homes have sold in the last week. Their prices ranged from $115,000 to $750,000

-Average Days on the Market were 171

- 8 homes were Durango In-Town

- 7 homes were Durango Rural

- 3 homes were Bayfield In-Town

LIST PRICE:

SOLD PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$750,000	$115,000	$293,397	$281,950	$5,281,163
$750,000	$115,000	$282,554	$264,000	$5,085,974

Click Here to View the Listings

Price Changes??

68 homes have had a price change in the last 7 days. Their prices range from $58,000 to $1,399,000

-Average Days on the Market is 186

- 24 homes are Durango In-Town

- 33 homes are Durango Rural

- 2 homes are Bayfield In-Town

- 9 homes are Bayfield Rural

LIST PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$1,399,000	$58,000	$378,836	$331,950	$25,760,900

Click Here to See the Listings

What is New??

41 homes have gone on the market in the last 7 days. Their prices range from $32,000 to $2,700,000

-Average Days on the Market is 25

- 14 homes are Durango In-Town

- 17 homes are Durango Rural

- 10 homes are Bayfield Rural

LIST PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$2,700,000	$32,000	$521,018	$350,000	$21,361,759

Click Here to See the Listings

These statistics are for both Durango and Bayfield In-Town and Rural areas 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!

–

Tuesday Schween
Personal Assistant
tuesday@blueribbondurango.com

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

Weekly Market Update!!

Claudia — Mon, 28 Jun 2010 16:57:45 +0000

Here is your Weekly Blue Ribbon Properties Market Update for Durango and Bayfield!!!!

What Has Sold??

11 homes have sold in the last 8 days. Their prices range from $164,900 to $419,900.

- Average Days on the Market were 200

- 5 homes were Durango In-Town

- 4 homes were Durango Rural

- 1 home was Bayfield In-Town

- 1 home was Bayfield Rural

LIST PRICE:

SOLD PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$520,000	$164,900	$303,909	$247,500	$3,343,000
$408,000	$161,000	$277,533	$246,500	$3,052,869

Click here to see the Listings!

Price Change??

56 homes have a price change in the last 8 days. Their prices range from $65,000 to $1,500,000.

- Average Days on the Market are 257

- 22 homes are Durango In-Town

- 28 homes are Durango Rural

- 1 home is Bayfield In-Town

- 5 homes are Bayfield Rural

LIST PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$1,500,000	$65,000	$389,837	$337,450	$21,830,900

Click here to see the Listings!

What’s New??

57 homes have been put on the market in the last 8 days in Durango and Bayfield. Their prices range from $36,500 to $1,860,000.

-Average Days on the Market are 11

- 16 homes are Durango In-Town

- 32 homes are Durango Rural

- 1 home is Bayfield In-Town

- 8 homes are Bayfield Rural

LIST PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$1,860,000	$36,500	$497,230	$380,000	$28,342,150

Click here to see the Listings!

–

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

June 4th Weekly Housing Update!

Claudia — Fri, 04 Jun 2010 16:50:28 +0000

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	14

Price Changes:

54 homes have had a price change in the last week in Durango. The prices range from $114,900 to $1,049,000.

Click Here to see

New Listings:

These are new listings for the Durango and Bayfield area.

There are 65 new listings for Durango and Bayfield. The prices range from $39,000 to $2,650,000.

Click Here to see

LIST PRICE:

HIGH	LOW	AVERAGE	MEDIAN	TOTAL PRICE
$2,650,000	$39,000	$481,488	$326,900	$31,296,766

The average days on the market so far is 14.

If you would like to see other listings or statistics, do not hesitate to call or email, and we will send those your way!

Have a wonderful weekend wherever it may lead you!

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

5/21/10 Durango Real Estate Market Update

Claudia — Fri, 21 May 2010 00:29:38 +0000

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

5/11/10 Blue Ribbon Market Update

Shaheen — Tue, 11 May 2010 23:17:54 +0000

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

There are currently 70 homes in Durango with pending sales. Listed prices range from $119,500 to $5.7 mil.
39 of these homes are in town.
31 are in rural areas of Durango.

Any New listings?

There are 42 new listings that have posted in the last week. 14 are in town and 28 are in rural areas of Durango. Homes are priced from $25,000-$5.5 mil.

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

April 30th, 2010 – Durango Real Estate Market Update

Claudia — Thu, 29 Apr 2010 16:49:33 +0000

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 a sense of urgency in his mind…“what? under contract? I better get moving fast so I don’t miss out on all the deals!”

Here is your Blue Ribbon’s Weekly Market Update:

What has sold?
16 homes have sold in Durango in the past week. Homes were priced from $239k-$995k

-Average list price was $470k -Average sold price: $443k
-Average Days on market: 268
-Average sold price per square foot from these homes: $186.00
-2 homes were in town, the other 14in rural Durango locations

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

There are currently 71 homes in Durango with pending sales. Listed prices range from $119k to $5.7 mil.
32 of these homes are in town.
39 are in rural areas of Durango.

Any New listings?

There are 33 new listings that have posted in the last week. 14 are in town and 19 are in rural areas of Durango.

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