Coldwell Banker Durango Area Real Estate Blog

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 ... Readmore

2018 Year End La Plata County Statistics

Strength in the Numbers
Posted by Inactive Heather Erb on January 21, 2019 in  Buying a Home  Durango Homes  Durango Real Estate Market  Luxury Properties  Real Estate Market  Selling a Home
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... 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

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

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
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