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 [...]

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’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 [...]

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 [...]

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 came to Germany 10 days ago with my son, Tony, to deliver him to a friend of mine and her family for a student exchange. We are in Regensburg and Tony is having a great time, check out his blog. 
I was supposed to be back in the office today, but nature decided otherwise. Last [...]

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     [...]

Our local newspaper, the Durango Herald, has two local real estate articles today.  The forecast for 2010 Durango Real Estate and home sales is mixed, good on the one hand not so much on the other. Volume is up and prices are likely to go come down some, good for buyers.  Home sales slowly find a [...]

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 [...]

Warm weather and watching the snow disapearing this week shows us Spring is just about here!  Yay!
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 $47,500-$1,025,000.
-Average list price was $446k     -Average sold price: $370k
-Average Days on market: 300
-Average sold price per [...]