| Durango
Area Association of REALTORS |
| Real
Estate Statistics - 1998 Annual Figures |
| January
1, 1998 to December 31, 1998 |
|
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|
|
|
|
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|
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.
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