Team Lorenz
By Rick Lorenz, ABR, CRS and his team
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Comparative Sales Statistics 2004 vs 2005 

January 1 through December 31 of each year

  Number of units sold  Total $ Volume   Average Price   Median Price  Average Days on Market
Property Type 2004 YTD 2005 YTD Change 2004 YTD 2005 YTD Change  2004 YTD   2005 YTD  Change  2004 YTD   2005 YTD  Change 2004 YTD 2005 YTD Change
Residential In Town-Durango 216 239 10.6%    74,417,344     94,189,466 26.6%  344,525  394,098 14.4%  301,000     355,428 18.08% 130   135 3.85%
Residential In Town-Bayfield 28 58 107.1%      5,508,350     14,388,756 161.2%  196,727  248,082 26.1%  187,000     258,750 38.37% 92   117 27.17%
                               
Residential Rural-Durango 303 353 16.5%  113,235,354   161,655,556 42.8%  373,714  457,948 22.5%  325,000     370,000 13.85% 176   179 1.70%
Residential Rural-Bayfield 161 156 -3.1%    42,186,065     44,661,392 5.9%  262,025  286,921 9.5%  220,000     265,000 20.45% 154   136 -11.69%
                               
Condos/Town Homes-Bayfield 0 13 -                 -        2,784,769 -           -    214,213 -           -       226,000 -     -     242 -
Condos/Town Homes-Durango 226 282 24.8%    56,609,034     78,620,753 38.9%  250,482  278,797 11.3%  241,500     249,500 3.31%   200   267 33.50%
Condos/Town Homes-Resort 81 146 80.2%    12,364,045     32,269,031 161.0%  152,643  221,021 44.8%  126,000     171,000 35.71%   187   166 -11.23%
                               
LAND In-Town Bayfield 60 66 10.0%      3,470,648      4,106,500 18.3%    57,844    62,220 7.6%    57,000       60,000 5.26%   326   118 -63.80%
LAND In-Town Durango 39 16 -59.0%      9,809,767      4,022,770 -59.0%  251,532  251,423 0.0%  154,000     189,500 23.05%   282   530 87.94%
LAND <1 acre 76 99 30.3%      7,508,850     15,323,400 104.1%    98,801  154,782 56.7%    59,450     164,900 177.38%   171   254 48.54%
LAND < 1 to 10 acres 107 174 62.6%      7,077,725     26,049,284 268.0%    66,147  149,709 126.3%    48,000       82,250 71.35%   170   176 3.53%
LAND 10-34.99 acres 13 48 269.2%      2,522,450      9,803,100 288.6%  194,035  204,231 5.3%  130,000     162,500 25.00%   296   295 -0.34%
LAND 35+ acres 51 83 62.7%      9,243,270     34,311,354 271.2%  181,241  413,390 128.1%  142,500     230,000 61.40%   278   412 48.20%
LAND Farm/Ranch 5 23 360.0%      1,905,720     13,540,627 610.5%  381,144  588,723 54.5%  285,000     310,000 8.77%   134   260 94.03%

 

This chart has been prepared from the statistics compiled by the Durango Area Association of Realtors.

     

Team Lorenz

Last updated May 16, 2014

Rick Lorenz, Broker, CRS, ABR, CLHMS, CNE
Team Lorenz with The Wells Group
901 Main Avenue, Durango, CO 81301
970-375-7007
800-955-0259 ext.1123
E-mail: Rick@BuyDurango.com

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