Market Snapshot September

August to September 15th MARKET SNAPSHOT MARKET SNAPSHOT

Aug - Sept

MARKET SNAPSHOT Aug - Sept

If this year hasn’t been wild enough, the Durango real estate market has been more active than ever before! In the past few months, we’ve seen unprecedented activity, despite low inventory. August 1st to the present resulted in $137M in residential sales volume, accounting for 32% of the total sales volume for the year. There has been a 24% increase in sales volume when the numbers are compared to the same time in 2019. So far in 2020, we have had a record year in sales. We are the leaders in the luxury market for Durango residential properties sold over $1M with a 28% share and an overall share of 15% of the total residential sales volume. We are excited to see how the market continues for the 4th quarter. These are just some high-level stats of the residential sales activity in our market. For more information on market info or how these numbers pertain to you, please reach out to us.

MARKET SNAPSHOT Aug - Sept

Legacy Properties West Sotheby’s International Realty Recent Solds Address 2500 CR 505 Bayfield 782 N Dalton Ranch Road Durango 1145 S Camino del Rio Durango 10582 County Road 250 Durango 314 N Tamarron Drive Durango 156 Glade Court Durango 55 Ute Pass Trail Durango 224 Elk Trl Bayfield 14 Calle de Rincon Durango TBD Forest Service 602 Pagosa Springs 36 Fawn Lake Road Durango 62 Estancia Lane Durango 1700 County Road 203 Durango 1295 Escalante Drive Durango 241 Jenkins Ranch Road Durango TBD Antler Drive Durango TBD N Windom Way Durango 332 Meadows Circle Bayfield 185 Ella Vita Court Durango TBD N US HWY 550 Durango 555 Bruce Lane Durango 23 Lost Miners Way Durango 1576 Sundance Hills Road Durango 123 Tradewinds Bayfield 385 Red Rock Road Durango 125 W 10th Street Durango 11 Sunridge Court Durango 246 County Road 253 Durango 36 La Questa Drive Durango TBD Sheol St. Durango 802 Oak Drive Durango 973 Wolf Creek Place Pagosa Springs

Sold Date 09/15/2020 09/15/2020 09/15/2020 09/14/2020 09/14/2020 09/11/2020 09/11/2020 09/11/2020 09/11/2020 09/11/2020 09/11/2020 09/10/2020 09/10/2020 09/10/2020 09/09/2020 09/09/2020 09/09/2020 09/09/2020 09/08/2020 09/08/2020 09/08/2020 09/08/2020 09/04/2020 09/04/2020 09/04/2020 09/04/2020 09/03/2020 09/03/2020 09/03/2020 09/01/2020 09/01/2020 08/31/2020

Sale Price $7,000,000 $325,000 $24,000 $8,250,000 $140,000 $599,000 $989,000 $504,000 $324,000 $1,100,000 $650,000 $510,000 $172,000 $369,000 $360,000 $105,000 $1,000,000 $320,000 $185,000 $725,000 $2,235,000 $569,000 $880,000 $215,000 $1,095,000 $208,500 $305,000 $1,250,000 $1,200,000 $190,000 $489,000 $3,700,000

MARKET SNAPSHOT Aug - Sept

Legacy Properties West Sotheby’s International Realty Recent Solds Address 7987 County Road 501 Bayfield 500 Sheol Street Durango 84 Vista Linda Avenue Durango TBD County Road 8 - Ruby Placer 602 & 600 County Road 502 Bayfield 22 Kennebec Drive Durango 11 Storm Peak Drive Durango 80 Stevens Creek Lane Durango 83 Terra Blue Way Durango 1580 Glacier Club Drive Durango 73 S Tamarron Drive Durango 314 N Tamarron Drive Durango 520 Jenkins Ranch Road Durango 84 Glacier Club Trail Durango 262 Pagosa Street Pagosa Springs 14 Artisan Court Durango 463 & 464 Pinnacle View Drive Durango 121 River Oaks Drive Durango 795 Woodbridge Lane Durango 314 N Tamarron Drive Durango 908 Spruce Drive Durango 703 E 5th Avenue Durango 332 Trimble Crossing Drive Durango 784 County Road 520 Bayfield 5497 County Road 302 Durango 314 N Tamarron Drive Durango TBD N Windom Way Durango 314 N Tamarron Drive Durango 321 & 151 Falcon Ridge Road Durango 240 E Park Avenue Durango 645 Edgemont Highlands Durango

Sold Date 08/31/2020 08/31/2020 08/31/2020 08/31/2020 08/31/2020 08/31/2020 08/28/2020 08/28/2020 08/28/2020 08/28/2020 08/26/2020 08/26/2020 08/26/2020 08/24/2020 08/21/2020 08/19/2020 08/17/2020 08/17/2020 08/14/2020 08/14/2020 08/13/2020 08/13/2020 08/12/2020 08/07/2020 08/07/2020 08/07/2020 08/07/2020 08/07/2020 08/05/2020 08/05/2020 08/03/2020

Sale Price $2,250,000 $846,000 $415,246 $315,000 $1,299,000 $1,195,000 $54,950 $487,000 $592,500 $1,150,000 $335,675 $84,000 $315,000 $750,000 $295,000 $702,968 $3,388,000 $584,300 $369,000 $84,900 $555,000 $875,000 $720,000 $1,125,000 $615,000 $94,000 $1,400,000 $120,000 $999,000 $860,000 $885,000

We love where we live, and understand that a home is not just about bedrooms, bathrooms, finishes or acreage. It’s about your family, your friends and your memories.

We are here to help write your next chapter.