Durango Land Sales History for the
Last 27 Years
| Year |
Average Sales Price Durango 1-10 acres |
% Change |
Average Sales Price Durango 35 acres and up |
% Change |
|
1977 |
$21,001 |
|
$27,317 |
|
|
1978 |
$17,172 |
-18.2% |
$32,793 |
20.0% |
|
1979 |
$18,504 |
7.8% |
$36,366 |
10.9% |
|
1980 |
$22,597 |
22.1% |
$57,082 |
57.0% |
|
1981 |
$22,545 |
-0.2% |
$97,988 |
71.7% |
|
1982 |
$21,479 |
-4.7% |
$43,243 |
-55.9% |
|
1983 |
$37,382 |
74.0% |
$65,367 |
51.2% |
|
1984 |
$30,782 |
-17.7% |
$92,971 |
42.2% |
|
1985 |
$24,497 |
-20.4% |
$75,159 |
-19.2% |
|
1986 |
$31,130 |
27.1% |
$44,700 |
-40.5% |
|
1987 |
$33,228 |
6.7% |
$130,950 |
193.0% |
|
1988 |
$26,632 |
-19.9% |
$89,726 |
-31.5% |
|
1989 |
$27,651 |
3.8% |
$76,238 |
-15.0% |
|
1990 |
$29,196 |
5.6% |
$83,000 |
8.9% |
|
1991 |
$29,707 |
1.8% |
$68,527 |
-17.4% |
|
1992 |
$33,878 |
14.0% |
$109,418 |
59.7% |
|
1993 |
$35,912 |
6.0% |
$109,649 |
0.2% |
|
1994 |
$36,999 |
3.0% |
$121,165 |
10.5% |
|
1995 |
$47,897 |
29.5% |
$120,768 |
-0.3% |
|
1996 |
$49,696 |
3.8% |
$141,742 |
17.4% |
|
1997 |
$53,492 |
7.6% |
$144,147 |
1.7% |
|
1998 |
$58,323 |
9.0% |
$181,247 |
25.7% |
|
1999 |
$66,816 |
14.6% |
$187,615 |
3.5% |
|
2000 |
See note** |
|
$279,962 |
49.2% |
|
2001 |
$69,251 |
|
$256,463 |
-8.4% |
|
2002 |
$77,339 |
11.6% |
$264,412 |
3.09% |
|
2003 |
$75,434 |
2.5% |
$344,285 |
30.2% |
|
2004 |
$86,525 |
14.7% |
$333,905 |
-3.01 |
* January - 1st week of December 2002 statistics only
** Sales figures for the year 2000 are
terribly skewed due to the sales of numerous Tamarron lots at $250,000+ each
All of these statistics were taken from The Durango Area
Association of Realtors MLS sales statistics and as such would not include any
sales accomplished by For Sale By Owner transactions.
