How to make sense of the Durango Real Estate Market. With segments of the market being quite busy and others still struggling, how do you make sense of Durango's diverse real estate market? First and foremost, you can take a gander at the quarterly statistics provided by the Durango Area Association of Realtors to see what is happening in the segment of the market you are interested in and chat with your Realtor about it. As they say, the language of business is numbers so its critical to know the numbers for your homes placement in the market. We study these numbers often and discuss they daily at the office. One of the benefits of being in one of the largest offices in the region (and now with the largest real estate company in America - Keller Williams Realty) is that we discuss and debate these things all the time. Our company provides perhaps the best and most reliable statistics in the industry.
Durango's in-town market for homes under, say, $475,000 is just cranking. Following national trends, people are wanting to be in town. As the marker gains momentum in town, we will start to see gains in the pricing for homes out of town pick up as well.
As you may know, many folks pull their homes and property off the market in winter season. This may be a mistake. Certainly, in some market segments this might make sense such as with seasonal cabins or the like. Still, we are cranking right now at Team OWNdurango.com with more homes 'under contract' than at any one time over the last years (which was a pretty darn good year)! So, with reduced homes to compete against, the savvy Seller may want to consider listing now! Click this link to see what properties we listed in our area this week:
Durango's in-town market for homes under, say, $475,000 is just cranking. Following national trends, people are wanting to be in town. As the marker gains momentum in town, we will start to see gains in the pricing for homes out of town pick up as well.
As you may know, many folks pull their homes and property off the market in winter season. This may be a mistake. Certainly, in some market segments this might make sense such as with seasonal cabins or the like. Still, we are cranking right now at Team OWNdurango.com with more homes 'under contract' than at any one time over the last years (which was a pretty darn good year)! So, with reduced homes to compete against, the savvy Seller may want to consider listing now! Click this link to see what properties we listed in our area this week:
