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By Rick Lorenz, ABR, CRS and his team
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2001 Real Estate Sales Statistics

Durango and Surrounding Area~Information Provided by the Durango Area Association of Realtors

Average

Median

Total

Number

Days on

High

Low

Residential

Property Type

Price

Price

Volume

Sold

Market

Price

Price

Sales

In Town Homes

Durango

$245,533

$230,000

$38,794,224

158

111

$595,000

$111,500

Below $100K

Bayfield

$143,148

$148,000

$5,296,490

37

152

$205,000

$60,000

154

Ignacio

$107,363

$97,275

$429,450

4

132

$165,000

$69,900

Mancos

$99,525

$105,950

$1,194,300

12

177

$139,000

$36,500

$100-$149K

Silverton

$137,857

$120,000

$965,000

7

256

$280,000

$50,000

203

Country Homes

$150-$249K

Durango/Bayfield/Ignacio Combined

$252,934

$217,500

$105,220,706

416

169

$2,925,000

$43,000

350

Durango

$299,347

$252,250

$80,823,766

270

184

$2,925,000

$43,000

Bayfield

$168,087

$152,425

$20,170,440

120

140

$372,000

$68,750

$250-$500

Ignacio

$162,558

$148,000

$4,226,500

26

156

$350,000

$60,000

226

Mancos

$246,667

$208,750

$4,440,000

18

181

$575,000

$105,000

Silverton

$190,544

$167,000

$6,097,400

32

240

$469,000

$60,000

$500 +

Condo/Townhomes

28

Durango

$140,283

$129,000

$19,218,721

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

$136,081

$57,450

$5,443,250

40

233

$2,150,000

$16,000

Lots under 1 Acre

$49,886

$42,000

$4,439,853

89

318

$168,000

$1,600

Under 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

$13,362,795

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

$696,267

$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

Total Volume/Transactions

$365,872,988

1,855

 

     

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

Copyright 1999-2014
All content is copyright protected as the intellectual property of Rick Lorenz

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