This week, we have the latest real estate numbers for La Plata County for the month of August. The attached 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, and Durango Mountain Area.
These charts indicate the statistics and key metrics for single family homes and townhouses/condos, including new listings, sold listings, median sales price, and more. They compare August 2017 to August 2018, and year to date information for both years. We also see the rolling 12 month median sales price for single family homes and townhouses/condos in these segments. We always appreciate these charts to be able to spot trends within our local market, and compare results to previous years.
Overall, La Plata County single family homes had a solid month. There were more new listings, more sold listings, and a higher median sales price this August 2018 compared to August 2017. Year to date, the single family home market is slightly behind last year at this time for new listings and sold listings, but we do see a higher median sales price. The La Plata County townhouse/condo market has an even number of new listings this August compared to last, and a decrease in the total number of sold listings. However, the median sales price is higher this August compared to last August. Year to date, the townhouse/condo market is slightly behind for new listings, sold listings, and median sales price compared to through last year at this time.
Durango In Town single family homes had a solid month this August. There were more new listings, sold listings, and a higher median sales price this August compared to August 2017. It’s encouraging to see that trend, particularly in this market segment.
Bayfield rural single family homes also had a solid month in terms of total sold listings. The new listings number and median sales price is lower, but there are more sold listings this August compared to last. Year to date, there are fewer new listings, but more sold listings and a higher median sales price this year than through last year at this time.
Durango Mountain Area is having a standout year thus far. There are more new listings and more sold listings year to date compared to through last year at this time, although the median sales price is lower.
As always, we encourage you to take a look at each of these segments and let us know if you have any questions. We will be hosting a few open houses this weekend: 18H Tenderfoot Court on Saturday from 11-1, 445 Oxbow Circle on Saturday from 1:30-3:30, and 436 Estancia on Sunday from 1-3. Stop by to say hello and take a look at these beautiful homes!