Rick Lorenz, ABR CRS and his team
 

 

2003 Statistics

Property Type Average Median Total Number Avg. Days High Low Residential  
  Price Price Volume Sold  On Market Price Price Sales *  
IN TOWN HOMES      

La Plata Co*

 
Durango $307,119 $275,503 $48,524,853 158 110 $1,133,000 $96,500 Below $100K  
Bayfield 171,759 160,500 7,557,400 44 100 270,000 88,000 65  
Ignacio 102,063 106,500 816,500 8 95 128,500 60,000    
    $100 - 149.9K  
COUNTRY HOMES (<35 acres and +35 acres)   105  
Durango/Bayfield/Ignacio COMBO 300,288 243,000 127,622,449 425 167 2,000,000 56,500    
Durango  326,434 280,000 95,971,472 294 172 1,625,000 56,500 $150 - 239.9  
Bayfield 243,917 191,000 27,562,640 113 155 2,000,000 85,000 263  
Ignacio 227,130 171,450 4,088,337 18 170 756,837 95,000    
    $240 - 499.9   
CONDO/TOWNHOMES   331  
Durango 171,504 150,000 25,554,041 149 169 559,000 33,000    
Resort 142,336 85,000 19,073,048 134 312 794,000 16,000 $500,000 +  
    57  
LAND ( In Town )      
Durango 133,886 109,075 6,426,518 48 179 372,500 70,000    
Bayfield 30,800 28,000 154,000 5 100 60,000 15,500    
Ignacio 0 0 0 0 0 0 0    
       
LAND (La Plata County Combined)**      
Lots under 1 Acre 88,371 57,500 5,125,531 58 190 279,000 6,081    
Under 10 Acres 75,434 40,000 13,050,000 173 232 780,000 2,800    
10 to 34.99 Acres 360,764 150,000 7,936,800 22 300 3,800,000 25,000    
35 Acres or More 344,285 168,750 21,345,650 62 413 6,450,000 30,000    
Farm & Ranch 275,000 275,000 275,000 1 39 275,000 275,000    
       
BUSINESS & INCOME (La Plata County Combined)**      
Business Opportunities 63,114 45,000 694,250 11 340 205,000 10,000    
Commercial/Income 707,117 417,500 16,970,800 24 234 4,800,000 127,500    
Commercial Land 242,357 162,000 1,696,500 7 305 600,000 77,000    
Commercial Lease 0 0 0 0 0 0 0    
Mobile/Modular - No Land 24,841 25,750 397,450 16 91 37,750 6,000    
Multi-Family 409,800 355,000 2,049,000 5 71 595,000 325,000    
 

 

Last Updated July 29, 2010

Team Lorenz  
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


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