This week, we have the latest real estate numbers for La Plata County for the month of June. The below charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In Town, Durango Rural, Bayfield In Town, Bayfield Rural, Ignacio In Town, Ignacio Rural, Vallecito, and Durango Mountain Area.
These charts indicate the statistics and key metrics for single family homes and townhouses/condos, including new listings, sold listings, median sales price, and more. They compare June 2020 to June 2019. We also see the rolling 12-month median sales price for single family homes and townhouses/condos in these segments. We always appreciate these charts to be able to spot trends within our local market and compare results to previous years.
This year has unfolded differently than any of us has expected, but not all of our real estate news is bad. In fact, La Plata County single family homes had an even number of new listings June 2020 compared to June 2019, and an increase in sold listings and median sales price. Year to date, we do see a decrease in new listings, but there has been an increase in the sold listings and median sales price compared to through last year at this time. This is fantastic news for the single family home market, and it’s encouraging to see growth even after the changes of 2020. The townhouse/condo market statistics for La Plata County as a whole have decreased this June compared to last June. There have been fewer new listings, sold listings, and a lower median sales price. Year to date, we see fewer new listings and sold listings, but a higher median sales price.
Durango In Town had a standout month, specifically in regard to new listings and sold listings. There was a 40.7% change in new listings compared to last year, and a 166.7% change in sold listings from last year! Year to date, we see fewer new listings and a miniscule drop in the median sales price, but there is a substantial increase in sold listings compared to through last year at this time.
The Bayfield In Town single family home market had a decrease in new listings, but there was an increase in sold listings this June compared to last. Year to date, there is an even number of new listings, an increase in sold listings, and just a slight drop in the median sales price.
As always, we encourage you to take a look at each of these charts and let us know if you have any questions. As noted above, much of the news is good in La Plata County real estate. We continue to be optimistic about the real estate market as summer activity continues.