This week, we have the latest real estate numbers for La Plata County for the month of September. The attached charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In-Town, Durango Rural, Bayfield In-Town, Bayfield Rural, Ignacio In-Town, Ignacio Rural, and Durango Mountain Area.
These charts indicate the statistics and key metrics for single family homes and townhouses/condos, including new listings, sold listings, median sales price, and more. They compare September 2017 to September 2018, and year to date information for both years. We also see the rolling 12 month median sales price for single family homes and townhouses/condos in these segments. We always appreciate these charts to be able to spot trends within our local market, and compare results to previous years.
La Plata County single family homes had fewer new listings and sold listings for the month of September, but the median sales price increased this September compared to last September. Year to date, we see the same trend: fewer new listings and fewer sold listings but a higher median sales price. In the townhouse/condo market for La Plata County, this September had fewer new listings, but more sold listings and a higher median sales price compared to September 2017. Year to date, there were fewer new listings, fewer sold listings, and a lower median sales price.
Durango Mountain Area single family homes had a strong September, and a standout year to date. There were more sold listings this September compared to last, although the median sales price is lower. Year to date, there are more new listings, more sold listings, and a higher median sales price. This is a strong year for this demographic.
The Durango In Town townhouse/condo market had a strong September with more sold listings compared to September 2017. Year to date, there are more new listings and a higher median sales price, and an almost even number of sold listings compared to through last year at this time. The Durango rural townhouse/condo market has also had an interesting year to date compared to through last year at this time. There are more new listings year to date and more sold listings, although the median sales price is lower this year compared to last year through this time. It is interesting to see the strong activity in the townhouse/condo market, as we have been discussing and expecting this trend for a while.
As always, we encourage you to take a look at each of these reports to gain a deeper understanding of the La Plata County real estate market. We welcome any questions you may have.