Coldwell Banker Durango Area Real Estate Blog

Proud Recipients of the Chairman's Circle Award

Posted by Danielle Hage on June 29, 2018 in  uncategorized
  Coldwell Banker Distinctive Properties has been named to the prestigious Coldwell Banker® Chairman’s Circle. This designation is awarded to companies who attained closed adjusted gross commission income of $9,500,000 or more during the 2017 calendar year. Only the top 7% of all Coldwell Banker companies in North America qualified and Coldwell Banker Distinctive Properties is one of only 56 Coldwell Banker companies throughout the world to receive this distinguished award.   “As par... Readmore

Swanepoel Mega 1000

Posted by Danielle Hage on June 29, 2018 in  uncategorized
Coldwell Banker Distinctive Properties (CBDP) proudly earned their ranking as #512 out 86,000 registered real estate brokerages nationwide in the prestigious Swanepoel Mega 1000 list.     The list was created to determine legitimate rankings and objective data in the real estate industry.  Gathering and analyzing the data was a rigorous process, with approximately 1,100 hours invested by the California-based consulting firm, T3 Sixty.  The top 1000 brokerages on the list represent the leaders... Readmore

Real Trends 500

Posted by Danielle Hage on June 29, 2018 in  uncategorized
Coldwell Banker Distinctive Properties has been listed in 7 categories in the 2018 publication of the REAL Trends 500 Report. REAL Trends is the trusted source of news, analysis, and information in the residential brokerage industry, creating an independently verified compilation of the country’s leading residential real estate companies. Coldwell Banker Distinctive Properties was recognized as top movers by sides, top movers by volume, top 5-year movers by sides, top 5-year movers by volume, largest broker... Readmore

Second Quarter La Plata County Stats

Inventory Crunch
Posted by Inactive Heather Erb on July 19, 2018 in  Buying a Home  Durango Homes  Durango Real Estate Market  Real Estate Market  Selling a Home
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... Readmore
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... Readmore
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