CO Durango Resort, MLS, Real Estate and Property Listing » Market Pulse

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

Weekly Market Update!!!

Claudia — Thu, 12 Aug 2010 21:10:27 +0000

Now is the time of season for the infamous Durango sunny mornings and rainy afternoon weather! Get out and enjoy the days but just be sure to bring an umbrella along in case you get caught in a rain storm!

As for the market, there is some movement happening and here are the numbers for you to look at!

8.12.10 Market Update

What’s Sold??

15 homes have sold in the last 7 days. Their prices range from $79,000 to $1,100,000.

- Average List Price $368,099 -Average Sold Price: $346,405

-Average Days on Market: 314 -Average Price/SqFt: $194.74

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

Click Here to see the CMA Presentation

What’s New??

36 homes are new to the market in the last 7 days. Their prices range from $44,500 to $4,995,000.

-Average List Price: $669,132 -Average Days on Market: 11

-Average Price/SqFt: $279.97

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

Click Here to see the New Listings

Price Change??

70 homes have had a price change in the last 7 days. Their prices reange from $39,900 to $4,850,000.

-Average List Price: $489,246 -Average Days on Market: 161

-Durango In-Town: 23 -Durango Rural: 47

Click Here to see the CMA Presentation

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

Market update 7-20-10

Shaheen — Tue, 20 Jul 2010 23:05:32 +0000

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

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

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

Roller Derby has come to Durango!!!

Claudia — Fri, 02 Jul 2010 18:02:22 +0000

Last Sunday, June 27th was Durango’s first ROLLER DERBY BOUT EVER!!!!

***********************************************************

Photo from the Durango Herald Newspaper

The two teams got a chance to strut their stuff and see who’s tuff!

Helter Smelters -VS – Pain Conductors …

The two teams got their debut chance at Chapman Hill indoor arena! These two teams were approved by the Women’s Flat Track Derby Association after having practiced up to 6 hours a day on a flat track and have worked hard to follow the regualtions set up by the Association.

ALL tickets in advance were sold out!

It was a close bout (derby word for game) but in the last couple seconds the Helter Smelters won by just 2 points!

The Durango Roller Derby Leauge has gathered the attention of many – Including the local press!

Read the Herald Article Here!

To Watch a Video Clip, Click Here

WHAT A FUN EVENT!

Shaheen Hood and Tuesday Schween

Blue Ribbon Properties

Durango CO 81301

970-247-8388

Your 4th Of July Weekend FUN Events!!!

Claudia — Fri, 02 Jul 2010 17:43:00 +0000

Friday July 2nd

Pete Giuliani performing at the Schank House Bar and Grill out at Vallecito at 6pm
Live Country Cowboy Music at the Ore House at 5:30pm
Navajo Dancers at the Cortez Cultural Center in Cortez at 7:30pm
Patriotic Party in Cortez at 8pm
The Plein Air Painters of the Four Corners 2010 Summer Show at the Anasazi Heritage Center in Delores starting at 1pm

Saturday July 3rd

Backcountry Experience Firecracker Fun Run and 5k 7am-11am Click here for the Details
4th of July Parade in Pagosa Springs 10am-12am
Ute Dancers at the Cortez Cultural Center in Cortez at 7:30pm
Annual Bayfield Fourth of July Celebration on Mill street in Bayfield from 9am-8pm
Traditional Hopi Dances at Chapin Mesa Amphitheater at Mesa Verde National Park in Cortez from 11am-4:30pm
Cruise Durango Car show Series at the Town Center Parking Lot in Durango from 6pm-8pm

Sunday July 4th

Independence Day Celebration in Silverton in Downtown Silverton10:30am-9pm

Fourth of July Celebration at Vallecito Lake from 9am-3pm
Smokin 4th Family Picnic and Barbecue Cook-Off in Buckley Park from 8am-8pm
Independence Day Express Train at the Durango Train Station from 10:30am-1:30pm

Happy 4th of July!! We hope you have a fun, safe, enjoyable weekend whether you go to Silverton to watch the Fireworks, ride the train, or adventure to one of our other fine towns in Colorado!!!!

The activities listed above are only a few of the many happenings going on this weekend in Durango and the surrounding areas! To see all of the activities Click Here to go to Buzztown.com

–

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