durango real estate market: Durango Comparative Real Estate Statistics 2016 vs 2015
- 07/12/16 05:49 AM
As is my custom 4 times per year, I have compiled the Durango comparative real estate statistics for 2016 vs 2015 for the 1st 6 months of each year. Overall sales volume is almost unchanged this year compared to last but the 2 price brackets with increases in number of units sold this year are the $200,000-$400,000 and the $400,000-$600,000 price ranges. Unfortunately that is also where the largest decrease in available units has occurred consequently I would expect to see rising prices in those 2 "sweet spots". It is hard to believe that there are actually 200 less units available … (4 comments)
durango real estate market: Durango Real Estate 1st Quarter Sales Results
- 04/05/14 08:38 AM
Durango Real Estate 1st Quarter Sales Results We have finished compiling the 1st quarter Durango (all of La Plata County actually) real estate statistics where we compare the 2014 results to those from 2013 for the same time period. Unless otherwise noted, all statistics are for residential properties only. Although at The Wells Group our sales volume is up year-to-date, across the entire MLS, the total residential sales volume actually declined this year from $60.3 million to $55.8 million. That represented a decline of 7.45%. The average sales price, however increased from $357,000 to $362,730 which was a 1.57% increase. Similarly, … (1 comments)
This past week The Wells Group Real Estate Brokerage presented its 14th annual Real Estate Forecast discussing in depth the Durango Real Estate Market. With approximately 300 people in attendance at the Fort Lewis College Community Concert Hall, our firm, along with Bob Allen (real estate consultant and senior appraiser with Allen and Associates) gave a presentation that included video, live discussion as well as a PowerPoint presentation. This is a very in depth analysis of real estate in La Plata County where we thoroughly review what happened in 2013 and where we think we are headed in 2014. … (0 comments)
durango real estate market: Final Durango Real Estate Statistics 2013-2012
- 02/17/14 03:32 AM
Final Durango Real Estate Stats & A Look at 2014 As I mentioned in my very 1st blog of the year regarding the Durango real estate sales statistics comparing 2013 to 2012, we have now finished that complete analysis and have posted it online on my website. Here is a link directly to that: Durango Real Estate Comparative Statistics One of the alarming trends, is the continuing decline in inventory available for an increasing number of buyers. Let me share some statistics with you regarding that. For many years I have been logging “units available” in my real estate … (0 comments)
durango real estate market: Durango Real Estate Sales Statistics-YTD 2011
- 07/23/11 05:14 PM
Durango real estate statistics for the first 6 months of 2011 I have written about Durango real estate statistics for the first 6 months of 2011 but in that analysis I was looking at various price brackets and not by geographic areas of the county. (See previous blog.) In order to fully understand Durango real estate sales statistics one needs to look at what areas are, and are not, selling and whether or not there is a trend that can be seen. In this review, I will talk about January 1 through June 30 only for the years 2008, 2009, 2010 … (1 comments)
43+ years of successfully selling Durango Colorado real estate certainly qualifies me as having seen just about everything. There have been funny moments "What do you mean you're going to cash my earnest money check?" And there have been serious moments where we completed a short sale just hours before the foreclosure sale was to occur. My greatest satisfaction comes from knowing that we have the expertise and are able to help those people in what is usually the largest financial transaction of their life.
One of our clients once said "We sure are glad that you were at the helm of the ship steering our transaction. A little gray hair behind the ears of the 'captain' sure made these passengers feel safer."
As is my custom 4 times per year, I have compiled the Durango comparative real estate statistics for 2016 vs 2015 for the 1st 6 months of each year. Overall sales volume is almost unchanged this year compared to last but the 2 price brackets with increases in number of units sold this year are the $200,000-$400,000 and the $400,000-$600,000 price ranges. Unfortunately that is also where the largest decrease in available units has occurred consequently I would expect to see rising prices in those 2 "sweet spots". It is hard to believe that there are actually 200 less units available … (4 comments)
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