Each month the Colorado Association of REALTORS® (CAR) and Durango Area Association of REALTORS® (DAAR) provide statistics showing the past month’s real estate activity and year to date numbers. With these, we can review on the market, key metrics, and potentially see where our market may be headed. In June 2022, there were 12,504 new…
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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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Freddie Mac has released another week ending’s mortgage rates Thursday, July 14, 2022 with the 30-year fixed-rate mortgage at 5.51%. Up .21% from last week and 2.63% from one year ago, these rates are the highest they’ve been in over a decade. The 15-year fixed-rate mortgage is now at 4.67% and 5/1-year adjustable-rate mortgage is…
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The Colorado Association of REALTORS® provides statewide numbers reviewing the state’s real estate market allowing us to look at the recent trends and compare Colorado’s macro market with our La Plata County market. Colorado had 11,129 new single family home listings in May 2022 which was a 10% increase from May 2021. La Plata County…
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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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Comparing 2020, 2021, and 2022 1st Quarter Stats is like taking a walk through memory lane of the pandemic. While pandemic feels like a bad word, it is important when considering the impacts on real estate. Q1 2022 more closely resembles Q1 2020, rather than Q1 2021. The total number of home sales in La…
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Every month the Colorado Association of REALTORS® (CAR) releases statewide real estate statistics and key metrics so we can review past trends and try to see where the market is headed. In March 2022, there were 9,390 new single-family listings. The year has now totaled 21,545 new listings, of which just 195 were in La…
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Every month, we compile numbers from market activity to compare, contrast, and find key metrics. With the second month of 2022, we can already start to see this year follow a similar trend to 2020 and 2021. There were 66 sales in February, the exact same as January. In 2020 and 2021, January and February…
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Every month the Durango Area Association of REALTORS (DAAR) releases compiled numbers for La Plata County and specific areas within the county. For the first month of the year, 2022 had an overall decrease in activity compared to January 2021. Durango in-town saw 50% less listings and sales for single family homes. However, for the…
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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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- for Deven Meininger
