Rick Lorenz, ABR CRS and his team
 

 

2004 Annual Sold Statistics    

Durango Area Association of REALTORS

(January 1st - December 31st)     
       
Property Type Average Price          Median Price  Total Volume            Number Sold Avg. Days on Market
IN TOWN HOMES          
Durango $344,017 $300,000 $73,963,613 215 131
Bayfield $196,727 $187,000 $5,508,350 28 93
Ignacio $117,333 $110,000 $704,000 6 144
           
COUNTRY HOMES (<35 acres and +35 acres)        
La Plata County Combined** $320,553 $268,000 $171,175,111 534 171
Durango  $377,763 $325,000 $112,573,354 298 178
Bayfield $262,025 $220,000 $42,186,065 161 155
Ignacio $236,671 $190,000 $4,023,400 17 171
           
CONDO/TOWNHOMES          
Durango $250,122 $241,000 $56,227,450 225 200
Resort $160,838 $133,750 $12,867,045 80 192
           
LAND ( In Town )          
Durango $251,532 $154,000 $9,809,767 39 283
Bayfield $57,000 $57,000 $3,470,648 60 327
Ignacio $50,000 $50,000 $50,000 1 62
           
LAND (La Plata County Combined)**        
Lots under 1 Acre $104,749 $83,750 $7,960,942 76 162
Under 10 Acres $86,525 $55,000 $12,719,242 147 202
10 to 34.99 Acres $173,232 $160,875 $5,023,725 29 342
35 Acres or More $333,905 $180,000 $24,375,070 73 348
Farm & Ranch $296,875 $255,000 $1,187,500 4 295
           
BUSINESS & INCOME (La Plata County Combined)**      
Business Opportunities $149,131 $99,000 $1,640,437 11 169
Commercial/Income $626,363 $350,000 $27,559,968 44 250
Commercial Land $281,500 $227,500 $3,941,000 14 662
Mobile/Modular - No Land $27,375 $26,250 $109,500 4 233
Multi-Family $495,746 $367,200 $6,444,701 13 175
* * La Plata County Combined; previously called All Areas Combined, included: (Durango, Bayfield, Ignacio, Mancos, Silverton) in the calculation of the statistics. The new calculation for La Plata County Combined statistics includes: (Durango, Bayfield, Breen, Hesperus, Ignacio, Kline, Marvel, Red Mesa, Vallecito)  Please disclose the use of the new areas used in the calculations when making comparisons to past statistics.
*  Residential Sales now reflect only those properties sold in La Plata County.  Please disclose the use of new areas used in calculations.
   
This information is provided by the Multiple Listing Service of the Durango Area Association of REALTORS, Inc. and is based on MLS statistics only.  Data maintained is deemed reliable but not guaranteed, and may not reflect all real estate activity.

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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