Tag: Durango Real Estate Statistics

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The Wells Group December 2022 Real Estate Market Statistics

With another year behind us, we can see a full picture of La Plata County’s residential real estate market activity. By tracking these statistics, we can find trends and key metrics and utilize them in foreseeing the coming months and years. December was a slower month in the local real estate market which has been true…
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Durango Area Association of REALTORS® November 2022 Statistics

The Durango Area Association of REALTORS® compiles La Plata County real estate metrics from past months and years in order to compare trends and help predict where the market is going. In November, La Plata County experienced a decrease in activity from November 2021. There were 9.5% less new single family listings and 47.9% less…
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The Wells Group November 2022 Statistics

The Wells Group releases monthly statistics with past comparisons so we can look at trends and key metrics in our local real estate market. November 2022 had 67 sales with the total now 1038 for the year. In 2021, there were 125 sales in November and the year total was 1420. This year’s total sales…
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The Real Estate Market

The last few years have produced unforeseen changes in the real estate market from record breaking sales, record breaking low mortgage rates, high inflation for homebuilding, and now low inventory with high mortgage rates. Heading into 2023, Fannie Mae’s economists share their expertise and predictions for the next two years. “A modest recession” is what…
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The Wells Group October 2022 Statistics

Monthly, The Wells Group compiles statistics in order to gain further understanding on the current market in relation to years past. After another busy summer, our local La Plata County real estate market is following a past trend of a slower winter season. October 2022 had 85 sales bringing this year to a total of…
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Colorado Association of Realtors® September 2022 Statistics

The Colorado Association of Realtors® releases statewide numbers every month allowing us to understand a larger scale of the real estate market, and compare to our local La Plata County market. There were a total of 8,219 new listings in September 2022; a 15% decrease from September 2021. However, there have been 83,996 new listings…
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Durango Area Association of Realtors® September 2022 Numbers

Compiling monthly real estate statistics helps us compare and understand our local La Plata County real estate market. The Durango Area Association of Realtors® September 2022 real estate statistics have been released and here are some highlights. Durango In Town saw 20 new single family home listings, a 54% increase over September 2021. However, a…
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The Wells Group September 2022 Real Estate Statistics

The Wells Group compiles real estate statistics monthly to compare recent market activity with months and years past, which shows us trends and key metrics. In September 2022, there were 109 sales in La Plata County. With 116 in July and 122 in August, this number is slightly lower. With the exception of the booming…
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Mortgage Loans

The home buying process has many steps including shopping for a mortgage loan. There are some common factors across lenders like basing rates off of Fannie Mae / Freddie Mac. However, there are a lot of variables such as communication, timing of execution, and third-party fees which are all an important part of the process.…
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Colorado August 2022 Statistics

The Colorado Association of REALTORS® puts together statewide real estate statistics monthly so we can see a bigger picture of the current market. Comparing it to our local La Plata County market can provide additional insight. There were 8,941 new single family home listings in August 2022 which was 11% less than in August 2021.…
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