Real Estate Transactions for November 2020

Real Estate Transactions for November 2020

It is that time again for the monthly numbers for La Plata County residential real estate and as you may have guessed November did not disappoint. It is common for real estate to slow down substantially in the winter months; although October brought 203 sales and November brought 125, La Plata County is still up 39 more sales than in November of 2019. The momentum continues for residential real estate in La Plata County.

The total sales for the year continue to impress, as of the end of November the year to date sales were at 1,307 total, while at this time last year the sales were at 1,073. There is still a month left in 2020 and there are already 234 more sales than the previous year. The average sale price continues to rise making this an opportune time to list your home. In November 2019 the average price of homes sold was $449,873 and in 2020 the average price jumped to $530,425.

This year has been unexpected in many ways and continues to be surprising in the real estate world. We are grateful to live in a community where real estate is thriving and we expect 2020 to wrap up with great success. If you have any questions about what we predict for the end of the year or what is to come in 2021 please do not hesitate to contact the Durango Team.

 

 

 

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