Durango Area Association of Realtors
Real Estate Statistics
January 1, 2001 - December 31, 2001
Property Type Average Price Median Price Total Volume # Sold Days on Market High Price Low Price Residential Sales
In Town Homes
Durango 245,533 230,000 38,794,224 158 111 595,000 111,500 Below $100K
154
Bayfield 143,146 14,8000 5,296,490 37 152 205,000 60,000 $100-$149K
203
Ignacio 107,363 97,275 429,450 4 132 165,000 69,900 $150-$249K
350
Mancos 99,525 105,950 1,194,300 12 177 139,000 36,500 $250-$500K
226
Silverton 137,857 120,000 965,000 7 256 280,000 50,000 $500K+
28

Country Homes
               
Durango/Bayfield/ Ignacio (Combined) 252,934 217,500 105,220,706 416 169 292,5000 43,000  
Durango 299,347 252,250 80,823,766 270 184 2,925,000 4,3000  
Bayfield 168,087 152,425 20,170,440 120 140 372,000 68,750  
Ignacio 162,558 148,000 4,226,500 26 156 350,000 60,000  
Mancos 246,667 208,750 4,440,000 18 181 575,000 105,000  
Vallecito 190,544 167,000 6,097,400 32 240 469,000 60,000  

Condo/Townhomes
Durango 140,283 129,000 19,218,712 137 133 430,000 13,500  
Resort 115,473 92,000 8,660,450 75 220 405,000 11,250  

Land (All Areas Combined)
Urban 13,6081 57,450 544,250 40 233 2,150,000 16,000  
Lots Under 1 Acre 49,886 42,000 4,439,853 89 318 168,000 1,600  
1 to 10 Acres 69,154 49,450 16,596,847 240 328 745,000 3,000  
10 to 34 Acres 134,631 105,000 5,250,600 39 324 725,000 3,000  
35 Acres or More 222,713 162,000 1,3362,795 60 266 1,200,000 25,000  
Farm & Ranch 547,500 547,500 1,095,000 2 40 875,000 220,000  

Business & Income (All Areas Combined)
Business Opportunities 115,929 40,000 811,500 7 154 500,000 16,500  
Commercial/Income 395,830 245,000 14,645,696 37 382 1,492,696 58,000  
Commercial Land 69,6267 272,500 6,266,400 9 264 3,000,000 42,000  
Commercial Lease 2,200 2,200 2,200 1 77 2,200 2,200  
Mobile/Modular - No Land 28,091 21,000 309,000 11 237 80,000 12,000  
Multi-Family 264,050 262,450 2,112,400 8 204 375,000 150,000  
                 
Residential Sales     365,872,988 1,855        

 

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 is not guaranteed and may not reflect all real estate activity.