Dear
Friends,
The
state wide real estate statistics were released by the Colorado Association of
Realtors yesterday. Excellent real estate information is available on
almost all areas of the state. There are reports available statewide,
each regional area, and the local areas including, La Plata County, Durango,
Bayfield, Cortez, and others.
These
reports help us understand our market as compared to other areas, and it may
help understand possible future opportunities. It has been often said
that Durango is a market that follows behind the front range, and that has been
true when we look at the rebound of the real estate market. Denver and
the front range led the state last year with a solid growth of about 10% in
median price, while the Durango area was still flat. This year the median
price for Durango In Town is +9%, a fairly solid comparison to Denver last
year.
Many
of our clients and friends own properties in other areas of the state and may
wish to see how those markets are recovering. Below is a link to all of
the reports. The statewide reports are divided into three groups:
Lender
Mediated Reports: (Listed as FSS’s) They show bank owned and lender assisted
real estate transactions.
Congressional
District Report: (Listed as LMU’s) This provides a break down for the real
estate in each congressional district.
The
Statewide Real Estate Reports: (Listed as QMI’s) These are the reports
you will want to review.
For
individual board reports, open the link below, and it will provide the reports
by the association area. For our local area, open the DAAR (Durango Area
Association of Realtors). Cortez is FCBOR (Four Corners Board of
Realtors, and Pagosa Springs is PSAAR (Pagosa Springs Area Association of
Realtors).
Below
are a couple of reports for an example of the type of data available.
Direct: 970-375-7014
Fax: 970-259-5007
No comments:
Post a Comment