| Durango Area Association of REALTORS | ||||||
|---|---|---|---|---|---|---|
| Real Estate Statistics - 1998 Annual Figures | ||||||
| January 1, 1998 to December 31, 1998 | ||||||
Property Type |
Average Price |
Median Price |
# Sold |
Days On Market |
High Price |
Low Price |
| IN TOWN HOMES | ||||||
| Durango | 191,110 |
163,500 |
153 |
144 |
540,000 |
90,000 |
| Bayfield | 117,785 |
115,500 |
34 |
160 |
190,000 |
49,900 |
| Ignacio | 77,667 |
76,250 |
6 |
437 |
109,000 |
57,750 |
| Mancos | 85,250 |
80,500 |
8 |
139 |
119,000 |
71,000 |
| Silverton | 103,250 |
87,000 |
6 |
145 |
205,000 |
26,500 |
| COUNTRY HOMES | ||||||
| Durango/Bayfield/Ignacio COMBO | 205,070 |
166,400 |
341 |
214 |
1,395,000 |
32,000 |
| Durango | 222,346 |
182,500 |
249 |
216 |
1,395,000 |
32,000 |
| Bayfield | 155,125 |
135,000 |
72 |
217 |
515,000 |
45,000 |
| Ignacio | 169,783 |
145,000 |
20 |
182 |
740,000 |
75,000 |
| Mancos | 188,938 |
145,250 |
8 |
92 |
505,000 |
65,000 |
| Vallecito | 155,341 |
157,500 |
20 |
234 |
299,000 |
44,900 |
| CONDO/TOWNHOMES | ||||||
| Durango | 116,629 |
110,000 |
77 |
187 |
249,900 |
54,500 |
| Resort | 81,786 |
56,500 |
48 |
396 |
225,000 |
21,000 |
| LAND (ALL AREAS COMBINED) | ||||||
| Urban | 81,587 |
62,862 |
36 |
398 |
412,000 |
14,000 |
| Lots Under 1 Acre | 41,169 |
45,000 |
39 |
422 |
72,900 |
8,500 |
| Under 10 Acres | 55,742 |
40,500 |
152 |
277 |
360,000 |
3,000 |
| 10 to 34 Acres | 116,074 |
90,400 |
38 |
209 |
875,000 |
23,000 |
| 35 Acres or More | 164,143 |
100,000 |
49 |
272 |
650,000 |
19,500 |
| Farm & Ranch | 881,069 |
429,775 |
8 |
458 |
3,850,000 |
77,000 |
| BUSINESS & INCOME (ALL AREAS COMBINED) | ||||||
| Business Opportunities | 184,793 |
90,000 |
11 |
143 |
1,200,000 |
1,200 |
| Commercial/Income | 505,325 |
360,000 |
20 |
267 |
3,500,000 |
74,000 |
| Commercial Land | 239,000 |
152,500 |
10 |
417 |
700,000 |
25,000 |
| Commercial Lease | 9 |
9 |
1 |
178 |
9 |
9 |
| Mobile/Modular - No Land | 19,145 |
16,250 |
16 |
142 |
52,000 |
3,526 |
| Multi-Family | 222,165 |
182,000 |
10 |
226 |
510,000 |
150,000 |
|
|
||||||
| Total Volume: $176,586,031 Total Transactions: 1111. |
||||||
This information is provided by the Multiple Listing Service of the Durango Area Association of REALTORS and is based on MLS. Statistics only. Data maintained by the Association or its MLS is deemed reliable but not guaranteed, and may not reflect all real estate activity in the market.