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 [...]

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. [...]

Here is a story taken from Gary Keller’s book “Shift” – how top real estate agents tackle tough times. I felt this little blurb would be good to share with you.
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In a recent interview with a top agent in Massachusetts, I asked how things were going in his local area. “Our market is really a [...]

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 [...]

Before buying a property in the county with a well and septic be sure to do your research on water and septic information.
Well Info:
Here is a link to a helpful 28 page brochure put out by the Colorado Division of Water resources and others about water wells in Southwest Colorado. It’s called “How well do [...]

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 [...]

As you might have guessed, foreclosures and bankowned homes are on the rise in Durango, see today’s Durango Herald article.
This is a sad development for the families and homeowners. If you know anyone in this predicament, please tell them there is a free legal service that can help avoid foreclosures in Colorado. 4 our of [...]

This is the week to buy!!!!
Getting a little chilly out.  These 40 degree temperatures remind us of the snow just around the corner.  In the winter it can be harder to sell your home.  Most people end up taking their homes off the market for the winter and renting them out to gain some income [...]

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What’s new in the Durango real estate market with the changing of the season…and winter just around the corner?
* What has sold in the last week?
4 Homes have sold in the last week. 1 was in town, the other 3 were in rural areas of Durango.
-The average sold price: $369k.  (gone up from last week)
-Average [...]

1) Townhome on 1750 Florida Rd, MLS# 623522,  reduced to only $229,9000!! It has small yard and garage. Looks great. Good value. They do allow pets and the property is well kept.  First time home buyers jump on this one before it’s too late to get your $8,000 tax credit.
Click here for MLS#623522, 1750 Florida Rd. [...]