Durango Area Association of Realtors put together the local market update for us to see the trends and compare key metrics to 2020. We will be looking at single family homes as well as townhouses/condos in La Plata County for listings, sales prices, days on the market until sale, and inventory. La Plata County had…
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Last month’s activity reports have been compiled and released for us to be able to review the movement and trends in La Plata County real estate market. Here we will highlight key metrics that we see happening as well as compare August 2021 to years past. August 2021 added 124 property sales to the…
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The Wells Group released La Plata County year-to-date statistics and July did not disappoint. Last month there were 149 properties sold, making 807 the new total from January 1, 2021 through July 31, 2021. While there were less sales in July 2021 than July 2020, the year-to-date sales total is 167 more than last year.…
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Durango Area Association of Realtors released 2nd quarter numbers outlining the market activity through June 2021, as well as 2020 vs. 2021 comparisons. New listings in-town Durango saw a dip in June with just 19 new single-family listings compared to 39 listings in June 2020. Despite less inventory, sales are still 18.3% higher that last…
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Statistics for January 1, 2021 through June 30, 2021 have been released and we also have data to compare them to the prior eight years. The following information provides key metrics and trends as well as our insight into these numbers. There were 176 listings sold in the month of June which is the most…
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The housing supply is limited and one attributing factor is the increasing building costs affecting new construction. Currently, lumber prices are at a record setting high which has caused a hurdle in the construction industry. Contractors are reporting that prices have risen 377% since the spring of 2020, severely decreasing their profitability and margins, and…
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May brought spring flowers as well as an interesting real estate market. Every month the Durango Area Association of Realtors provides a breakdown of key metrics to our La Plata County area real estate activity. We will be looking at May 2021 activity versus May 2020 as well as year to date statistics. In La…
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This week we have exciting statistics to share with you. From January 1 to May 31, 2021 there have been 482 property sales. Just under half of the year and 253 more properties under contract means we are on track to meet or possibly succeed 2020’s 1,449 total sales. May added 106 sales to 2021…
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- for Max Hutcheson
