As we near the end of 2025, the La Plata County residential real estate market has slowed down, which is a typical seasonal trend. As we dive deeper into the inventory, sales prices, and more, we can compare these key metrics month-over-month (MoM) and year-over-year (YoY) to gain insight into how the market may be positioned heading into 2026.
November Sales:
November 2025 Total: 70
- October 2025: 93 - down 32.86%
- November 2024: 78 - down 11.43%
Year-to-date (YTD) sales: 824
- 2024: 821 - up 0.37%
- 2023: 825 - down 0.12%
MoM, the nearly 33% decrease in sales is not unexpected, as our market tends to slow down during the winter months. More importantly, annual sales volume remains consistent with both 2024 and 2023, reflecting steady movement for La Plata County properties despite seasonal slowdowns.
Inventory:
Active Listings: 342
- October 2025: 385 - down 12.57%
- November 2024: 289 - up 18.34%
Pending (under contract) Listings: 74
- October 2025: 101 - down 36.49%
- November 2024: 73 - down 1.37%
It’s no surprise that the inventory has decreased MoM as many homes have either sold or temporarily taken off the market until spring. However, the nearly 20% increase in active listings YoY suggests that inventory is rebuilding, a welcome shift in our market. Pending listings have also declined, with many contracts from prior months closing and fewer new contracts being written during the beginning of winter.
Price Trends:
Average Sales Price: $883,911
- October 2025: $884,275 - down 0.04%
- November 2024: $800,698 - up 10.39%
Median Sales Price: $687,880
- October 2025: $686,500 - up 0.2%
- November 2024: $659,000 - up 4.38%
YoY appreciation continues to grow consistently showing continued demand for homes in our area. MoM, the minimal decreases in average and median prices are primarily influenced by fewer overall sales paired with higher price points. As we move toward 2026, this price stability suggests a market that is normalizing, with values supported by inventory, demand, and thoughtful pricing strategy.
Time on the Market:
Average Days on Market: 102 days
- 3 days longer month-over-month
- 8 days longer year-over-year
Median Days on Market: 72 days
- 2 days longer month-over-month
- 7 days longer year-over-year
We’ve seen a recalibration of the market in 2025, and these numbers reflect that shift. Slight increases in both average and median days on market indicate continued movement toward a more balanced market after several years of strong seller conditions. While these changes are modest, days on market are also impacted by the slower winter season and may even increase slightly until the spring market kicks in. As we head into 2026, accurate and strategic market pricing will be increasingly important.
Trending Price Ranges:
$1,000,000+
- 44 active listings between $1,000,001 - $1,500,000
- 29 active listings between $1,500,001 - $2,000,000
- 47 active listings at $2,000,001+
- 116 sold listings between $1,000,001 - $1,500,000
$400,001 - $500,000; $500,001 - $600,000; $600,001 - $700,000
- 10 pending listings in each category
With a total of 824 sales so far in 2025, just over 25% sold for over $1,000,000. Approximately 60% of all sales occurred between $300,001 - $900,000, which correlates with the median and average sold prices. There are 30 active listings evenly distributed across the $400,001 - $700,000 price ranges, with another 14 listings in the $1,000,001 - $1,500,000 category. Of all active listings, about one-third are priced above $1,000,001, while the majority are listed between $200,001 - $1,000,000. This distribution may help set the tone for early 2026, with buyer activity likely favoring homes in the mid-range segments of the market.
The temperatures have dropped considerably, and as we wait for the snow to set in, buyers and sellers are still active within the La Plata County market. With 2026 just around the corner, The Durango Team at The Wells Group is looking forward to assisting with your real estate goals in the coming year. Please don’t hesitate to reach out to Max and Deven with any questions.
