The 2018 year end statistics are here. These are provided by the Durango Area Association of Realtors using information from our regional MLS system. (inset stats summary page into body as an image)
As noted by John Wells in the article in the Durango Herald the theme that we saw in 2018 is that the number of homes sold remained farily stable (slightly lower than the previous year), however the overall dollar volume was up, suggesting an increase in median price or possibly the result of more expensive inventory selling.
For more information, and to view the statistics in full, please visit the Durango Area Association of Realtors website.
The Wells Group also prepares year end data, which I share montly in my newlsetters. Below is a snapshot of 2018 in its entirety.
If you are curious about the factors that effect the real estate market and what we can predict in 2019 and years to come, be on the lookout for an invitation to our annual Wells Group Forecast where we provide that information! As always, I would love to discuss the specific market sectors with my clients who are curious. So don't hesitate to give me a call if you have questions about how all of this information pertains to you.