As we reach the halfway point of 2025, the La Plata County real estate market is showing familiar seasonal patterns alongside steady growth in many areas. By tracking and comparing key metrics month-over-month and year-over-year, we’re able to identify trends, assess current conditions, and provide informed guidance for buyers and sellers navigating the Southwest Colorado market.
June Sales:
-
June total: 69
-
Down 7.25% (5 listings) year-over-year
-
Down 17.4% (12 listings) month-over-month
-
Year-to-date sales: 355
-
2024: 342 - up 3.8%
-
2023: 373 - down 4.8%
Although sales were down both month-over-month and year-over-year, this is not an uncommon trend. While June remains part of the active summer season, it typically sees fewer closings than May, July, August, September, and October. We suspect this is largely due to the end of the school year and the start of summer vacation. By the end of June last year, there were 342 sales, so it’s great to see a slight increase in total activity so far this year.
Price Trends:
-
Average Sales Price: $787,608
-
Down $28,647 (3.5%) compared to May 2025
-
Up $33,583 (4.5%) compared to June 2024
-
Median Sales Price: $655,000
-
Down $22,500 (3.3%) month-over-month
-
Up $21,250 (3.4%) year-over-year
Despite a slight dip in prices from May, the year-over-year gains reflect a healthy and stable market. Seasonal fluctuations are expected this time of year, especially with fewer sales in June, but long-term trends continue to show steady appreciation. This consistency in both average and median prices reinforces buyer activity and highlights the resilience of the La Plata County market, even amid shifting interest rates and economic uncertainty.
Time on the Market:
-
Average Days on Market: 98 days
-
7 days faster (6.7%) month-over-month
-
2 day longer (2.1%) year-over-year
-
Median Days on Market: 68 days
-
7 days faster (9.3%) month-over-month
-
5 days longer (7.9%) year-over-year
Homes continue to move at a solid pace here. Durango and the surrounding area remain highly desirable markets. Fortunately, our inventory has been steadily rebuilding over the past four years, helping meet demand and keeping prices relatively stable compared to the COVID boom.
Inventory:
-
Active listings: 466
-
Up 26 (5.9%) month-over-month
-
Up 91 (24.3%) year-over-year
-
Up 193 (70.7%) from June 2023
-
Pending (under contract) listings: 145
-
Up 20 (16%) month-over-month
-
Up 19 (15.1%) year-over-year
-
Up 12 (9%) from June 2023
The La Plata County residential market inventory has been steadily rebuilding over the past few years. Compared to the historic lows during that period, today’s inventory is significantly stronger, though still below pre-pandemic levels like 2019, when 691 homes were on the market in June. This upward trend brings much-needed options for buyers while signaling a shift toward a more balanced and sustainable market.
Trending Price Ranges:
-
$1,000,000+
-
77 active listings between $1,000,001 - $1,500,000
-
39 active listings between $1,500,001 - $2,000,000
-
69 active listings $2,000,001+
-
44 sold listings between $1,000,001 - $1,500,000
-
$200,001 - $300,000
-
42 active listings
-
4 pending listings
-
4 sold listings
-
Surprisingly, this is the largest active listing category under $1,000,000 - likely due to the influx of Tamarron condos on the market in recent months.
-
$700,001 - $800,000
-
32 active listings
-
20 pending listings
-
32 sold listings
-
This is the most popular pending category.
-
$500,001 - $600,000
-
35 active listings
-
15 pending listings
-
45 sold listings
-
The highest number of sales in a single price category.
Listings over $1,000,001 make up the largest share of active listings, accounting for 185 listings (39.7%) of our total inventory. While these “luxury” properties dominate the market in volume, demand remains strong in the lower price ranges. With an increase in listings ranging from $200,001 - $700,000, first-time and mid-range homebuyers have more opportunity in our area. Among the sold listings, 21.13% sold for over $1MM, while 68.45% sold between $300,001 - $900,000, demonstrating continued demand for moderately priced listings.
As we move into the second half of 2025, we are optimistic about continued strength in the market. Outside factors such as mortgage rates - currently hovering around 6.7% - and the general economic outlook always affect our market, and we continue to monitor these influences. With market conditions always evolving, it is more important than ever to stay informed and connected with your trusted Realtor®. Please contact The Durango Team at The Wells Group; we’re always here to provide expert guidance and answer your questions.
