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 [...]

You have your future house under contract…next you get the home inspected.  You see the report and it reads in a language you don’t understand but all you can tell is it looks BAD!  Ahhhh…
Okay, first…Breathe.  It’s okay, relax…let’s review.
* Don’t worry when you read ….”appears serviceable”
What does that mean?   Sounds like “needs work” but actually [...]

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 [...]

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 [...]

I can’t say it enough…it’s a great time to buy!
There was an interesting article posted in this Sunday’s paper about the recent home sales in La Plata County.  The positive article brings up the recovery of the market and how the median home price is gradually falling.  Buyers are returning for the good deals and [...]

Coming into the holiday season, what’s new with the real estate market in Durango?
I feel as though the phones are not ringing as much as the last few weeks but we are still plenty busy and the deals from last month are still running towards the finish line and closing.  We expect it to slow [...]

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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 [...]

Wednesday already!  Here is your weekly market update.
As mentioned before, the following information is for all homes in the Durango area.  If you would like statistics on areas outside of Durango, please let us know.
We would be happy to email you information on areas that interest you.
* What has sold?
12 Homes have sold in Durango [...]

Check out this new listing the Three Springs. 
This lovely 3 bed, 2.5 bath home boasts over 1800 SF, has a fenced back yard and full 2 car detached garage.  Practically brand new, you can enjoy it well built quality and fine finishes.  
A certified Built Green home!  But don’t worry, you don’t have to trade energy [...]

The statistics have just been published for the first half of 2009. Click here to see
2nd quarter 2009 Durango Real Estate Sales Statistics
You will see for the first time in many years a decline in both volume and median sales prices. First off, let me say, Durango is a small market and any few sales [...]