Every month, the Durango Area Association of REALTORS® (DAAR) compiles the previous month’s real estate statistics in order for us to reflect on the market activity and find trends that may help us understand the market’s trajectory. June 2022 saw 129 new single family home listings in La Plata County and 60 sales. Both of…
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One component of homeownership is home insurance. Like car insurance, there are many types of coverage. Mortgage lenders will require some level of home insurance while you have a loan in place. Otherwise, it’s not required, however we highly recommend protecting your investment. Home warranties usually apply to large ticket items such as appliances and…
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The Wells Group captures monthly La Plata County real estate statistics so we can compare month over month and year over year. With these numbers, we can see trends and key metrics that gives insight to what the market has been doing and possibly where it’s headed. April 2022 picked up in sales with 110…
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Monthly summaries of our local real estate market help find trends and key metrics that assist us in understanding where the market is currently and what direction it seems to be heading in the future. The Wells Group looks at January 2022 and three years prior to see the changes and consistencies. There were 66…
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Since the start of the Covid-19 pandemic in early 2020, the national mortgage rates have been on a steady decline to a near record low of 2.79%. When things started to “normalize” again in early 2021, the rates being to rise again, to around 3.2%. At the beginning of 2022 they reached 3.45% as the…
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With the entirety of 2021 real estate market statistics to review, we can see that it was one wild year. Similar to 2020 in elevated sales and pricing trends, we saw another decrease in supply coupled with increased demand. In La Plata County, there were a total of 1420 residential sales. Looking back at 2021,…
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The Durango Area Association of Realtors releases monthly statistics for La Plata County so we can track the activity and mark the changes, key metrics, and…
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With just the remainder of this month left in 2021, the real estate market is still hot. Monthly statistics help us highlight key metrics and trends to understand where the market has been and is headed. La Plata County has seen another very busy year like 2020. November had 125 sales bringing 2021 up to…
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The Durango Area Association of Realtors provides us with monthly reviews of the activity in La Plata County. With these statistics, we are able to identify trends and key metrics in the real estate market. La Plata County saw a 35% decrease in new listings and a 30% decrease in sales from October 2020; last…
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Every month we get a statistics breakdown of the prior month’s real estate market activity so we can look at key metrics and review what’s been happening. October saw a lot of movement in properties while median and average sales prices are still on the rise. In La Plata County, 130 properties were sold in…
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- for Max Hutcheson
