Lucky Dog Blog

Third Quarter La Plata County Statistics

Posted by HEATHER ERB on October 17, 2018 in No Category
The newly released MLS third quarter and year-to-date La Plata County real estate sales statistics shows our inventory crunch continues. The decrease in sales directly correlates to fewer listings available in the marketplace.  In other words, less choice for buyers equals a decline in sales. Overall, residential sales are down 2.2% compared to 2017, and new listings are down by 2.8%. With prices continuing to climb (overall +6.2% in median price over 2017) buyers are delaying purchasing because they cannot fi... read more
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Third Quarter La Plata County Sales and a Cooling Market

Posted by HEATHER ERB on October 25, 2019 in No Category
Real estate statistics for La Plata County were just released by the Durango Area Association of Realtors and they signal a cooling market.  While residential sales numbers in La Plata County were up significantly in September of 2019 when compared to 2018, they remain flat when comparing year-to-date numbers. Last year at this time, Durango and the surrounding area were recovering from the 416 Fire, and the copious negative media attention it caused.  Therefore, comparing September 2019 to September 2018... read more
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Second Quarter La Plata County Stats

Inventory Crunch
Posted by HEATHER ERB on July 19, 2018 in No Category
The second quarter and year to date real estate statistics for La Plata County show we are experiencing an inventory crunch.  Compared to last year at this time, the inventory of listings is down; - 3.4% for single family homes and -3.3% for condos/townhomes.  Because of this reduction, the number of home sales is down -18% in-town Durango, over -30% in Bayfield, and -4.5% overall for the County.  Median price increases continue, partially because of the crunch, and stand at 6.4%, or $385,0... read more
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The second quarter MLS statistics for La Plata County were just released by the Durango Area  Association of Realtors and the number of residential sales are down from the same period in 2018 and the median price is slightly down. With only two quarters of data to report, it’s difficult to see what trends are occurring.  Overall, single family home sales have decreased 4.7% and the median price saw a 1.7% decrease when compared to 2018. However, there was a 3% increase for median price and the numb... read more
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La Plata County Market Update

Posted by HEATHER ERB on January 30, 2020 in No Category

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