Lucky Dog Blog

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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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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The first quarter MLS statistics for La Plata County were just released and the harsh winter weather appears to have taken its toll. The low number of homes for sale was squeezed even more after a severe winter that just wouldn’t quit. With only one quarter of data to report, La Plata County is down 26% in new single-family listings when compared to the same period last year.  Generally speaking, people don’t like to move during the winter and will wait for warmer weather to put their home on the ... read more
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2018 Year End La Plata County Statistics

Strength in the Numbers
Posted by HEATHER ERB on January 21, 2019 in No Category
The 2018 MLS statistics for La Plata County were just released and they show strength in our local real estate market.  Overall, La Plata County home sales are down 3.1% while the median price rose 5.7%.  As all real estate is local, areas of the county with the highest median price gains are where the number of sales was reduced the most; areas of low inventory have the highest price increase. For example, in-town Durango home sales are down 3.2% in number but jumped 8.5% in median.  While Durango C... read more
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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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