Tag: residential sales

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2020 March Numbers

This week we have the La Plata County residential real estate transaction numbers through the month of March. Residential sales continue to set record highs and the question remains, how long will this trend continue with the lack of inventory we continue to encounter? Bob Allen stated in this year’s Wells Group Forecast, this year…
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Spring Buyers Have 50% Fewer Homes to Choose From

According to an article in Realtor Magazine, home shoppers this spring have 52% fewer homes to choose from than last year.  For every 10 homes for sale last year, there are fewer than five today.   We are finding this trend applicable to our market as well. At this time there are 33 in town Durango…
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Real Estate Transactions for February 2021

This week we have the latest numbers for La Plata County residential real estate. While not a surprise based on the level of activity we’ve seen these past couple of months, the numbers are staying steady, with52 total single family sales for the month of February.  January was at 59 solds and February 2020 was…
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2021 Wells Group Forecast

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January 2021 Real Estate Numbers

The La Plata County residential real estate numbers for the first month of 2021 are here. They are as exciting as we had hoped they would be! We saw some of the highest numbers of sold listings in the month of December 2020 ever. Historically sales slowdown in the winter months; however, new year new…
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La Plata County Residential Real Estate Numbers for September

This week we have the latest La Plata County residential real estate transactions for the month of September. Not surprisingly, it was a standout month of transactions. With 186 total transactions, it is the highest month of any in 2020, and higher than any other September since prior to 2011. Year to date, we have…
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La Plata County August Real Estate Numbers

We have the latest numbers for La Plata County residential real estate for the month of August. As we’ve discussed in recent months, real estate activity has been unique this year with many unexpected factors. With 152 total sales, this is more than any August since prior to 2009, and just a slight drop from…
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The Rise of Second Homes

It has been interesting in the last six months (since the start of the Coronavirus pandemic) to see various trends that have emerged in the real estate market as a result of the economy and consumer needs. One of the interesting trends in national real estate is a boom in second homes. Historically, second homes…
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Multiple Offers on a Home…What Should You Do?

As the real estate market continues to boom, we are noting inventory has tightened across the board. This is a factor that has been on the national level for quite some time. Locally, we are seeing less inventory, and even seeing homes and properties on the higher end of the market sell. In these scenarios,…
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July La Plata County CAR Numbers

This week, we have the latest real estate numbers for La Plata County for the month of July. 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,…
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