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2002 Statistics
| Average | Median | Total | Number | Days On | High | Low | Residential | |
| Property Type | Price | Price | Volume | Sold | Market | Price | Price | Sales |
| IN TOWN HOMES | ||||||||
| Durango | 276,995 | 252,000 | 57,892,056 | 209 | 113 | 825,000 | 79,000 | Below $100K |
| Bayfield | 138,475 | 140,117 | 3,600,355 | 26 | 88 | 207,900 | 70,000 | 162 |
| Ignacio | 97,200 | 110,000 | 486,000 | 5 | 111 | 146,000 | 49,000 | |
| Mancos | 105,400 | 99,000 | 1,897,200 | 18 | 145 | 165,000 | 37,000 | $100-$149K |
| Silverton | 150,639 | 146,250 | 1,807,672 | 12 | 129 | 225,000 | 56,000 | 163 |
| COUNTRY HOMES | $150-$249K | |||||||
| Dgo/Bay/Ign. Combo | 304,283 | 230,000 | 121,713,257 | 400 | 162 | 4,565,726 | 29,500 | 361 |
| Durango | 336,770 | 269,450 | 92,948,402 | 276 | 162 | 4,565,726 | 50,000 | |
| Bayfield | 234,838 | 183,500 | 24,892,855 | 106 | 154 | 3,000,000 | 73,000 | $250-$500K |
| Ignacio | 215,111 | 178,750 | 3,872,000 | 18 | 208 | 492,500 | 29,500 | 280 |
| Mancos | 284,167 | 217,500 | 4,262,500 | 15 | 206 | 1,550,000 | 89,000 | |
| Vallecito | 183,558 | 161,250 | 4,772,500 | 26 | 183 | 475,000 | 39,100 | $500K + |
| 60 | ||||||||
| CONDO/TOWNHOMES | ||||||||
| Durango | 158,765 | 149,000 | 19,686,830 | 124 | 169 | 520,000 | 39,000 | |
| Resort | 191,552 | 117,000 | 15,515,750 | 81 | 256 | 1,900,000 | 12,500 | |
| LAND (ALL AREAS COMBINED) | ||||||||
| Urban | 105,886 | 80,000 | 8,576,792 | 81 | 239 | 660,000 | 11,000 | |
| Lots under 1 Acre | 52,013 | 39,300 | 4,681,150 | 90 | 228 | 219,000 | 7,000 | |
| Under 10 Acres | 77,339 | 54,250 | 15,158,445 | 196 | 264 | 700,000 | 3,500 | |
| 10 to 34 Acres | 127,160 | 113,000 | 5,213,550 | 41 | 265 | 340,000 | 10,000 | |
| 35 Acres or More | 264,412 | 165,000 | 20,095,319 | 76 | 411 | 1,500,000 | 12,200 | |
| Farm & Ranch | 2,004,000 | 1,200,000 | 10,020,000 | 5 | 399 | 5,600,000 | 870,000 | |
| BUSINESS & INCOME (ALL AREAS COMBINED) | ||||||||
| Business Opportunities | 147,430 | 65,000 | 1,326,871 | 9 | 313 | 790,000 | 17,000 | |
| Commercial/Income | 702,408 | 410,000 | 23,179,465 | 33 | 308 | 3,250,000 | 116,600 | |
| Commercial Land | 499,752 | 230,000 | 8,495,785 | 17 | 415 | 2,737,477 | 30,000 | |
| Commercial Lease | 2,400 | 2,400 | 4,800 | 2 | 151 | 3,500 | 1,300 | |
| Mobile/Modular - No Land | 29,168 | 26,000 | 583,354 | 20 | 130 | 47,500 | 4,000 | |
| Multi-Family | 296,864 | 246,000 | 3,265,500 | 11 | 242 | 625,000 | 95,500 | |
| Total Volume / Transactions |
Last Updated July 29, 2010
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Rick Lorenz, Broker,
CRS, ABR, CLHMS, CNE The Wells Group Real Estate Brokerage 901 Main Avenue, Durango, CO 81301 (970) 375-7007 (800) 955-0259 ext 1123 E-Mail: Rick@BuyDurango.com Copyright 1999 - 2010 All content is copyright protected as intellectual property of RickLorenz |
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