Main Content

2021 First Quarter Statistics Durango MLS

2021 is off and running, and to no surprise, a Seller’s market is where it’s at. First Quarter Statistics show a strong market in all geographic areas. Durango In-Town Home Sales increased slightly in units sold over the same quarter in 2020, yet prices increased in volume by 21.1% to a new median price of $583,687.

La Plata County Home Sales were up 20.7% overall in units sold and the new median price is $499,000, up 13.4% from the First Quarter of 2020 at $440,000. The sales of Condo/Townhomes went up only slightly in units but were up over 8% in pricing. The one slight decline in pricing was in the Durango Country Homes where the numbers were down in price yet up in units.

The large increase in units is not surprising because we have seen a significant increase in demand that has not slowed. The slight decrease in median price can be explained by the actual inventory sold during those isolated periods, which can skew those numbers. Even one property on the extreme end of sales price either way can temporarily adjust that number, but the reality is the trend is still up. So, once again, the demand is here and the lack of inventory along with low interest rates are keeping the market a strong one.

Testimonials
Reviews

Gabi was the ideal agent. She was friendly, responsive, and went above and beyond to get the job done. Even when we encountered unexpected challenges she was optimistic and did everything possible to ensure that my sale went through smoothly and ti...

Remax Logo
Reviews

When it comes to buying a home, Gabi is someone who knows how to strike the balance between what you want in a home and what is possible in your budget.She stayed with us for nearly a year staying on top of the market and sending us homes to review. ...

Remax Logo
Reviews

Gabi is top-notch! We were buying remotely and she went the extra mile to personally video the property for us to see. Her professionalism, knowledge, honesty, integrity and hard work ethics were very much appreciated. You have questions, just ask he...

Remax Logo
Reviews

Gabi was personable, responsive and professional in all aspects of the selling of our home. We felt confident that she was working in our best interests, and it was a pleasure working with her....

Remax Logo
Reviews

Gabi has helped us with several real estate transactions over the years. She is ALWAYS attentive and handles all the details in very professional manner. She is very thorough and we know she has our best interest at heart. We highly recommend her...

Remax Logo
Reviews

Gabi helped us purchase our first home in the midst of this historic and difficult market. She put us at ease with her honest and direct communication, and we felt so lucky to be in her very capable hands throughout the entire process. She is very re...

Remax Logo
Reviews

Gabi has been both our buyers and sellers agent in Durango. She is an expert in the local market and succeeded in getting our house sold several years ago when other listings for identical homes were not moving. Recently, she found us the perfect,...

Remax Logo
Reviews

My husband and I were fortunate to be connected with Gabi at the suggestion of his employer when we were relocating to Durango from out of state. Throughout the whole process, Gabi could not have been more friendly, helpful, and knowledgeable in assi...

Remax Logo
Reviews

We worked with Gabi to sell our rental property in Durango, CO. We were selling remotely, and Gabi was more than just our agent. She expertly managed all the details needed to get the house ready for sale. She kept us informed of the decisions we ...

Remax Logo
Reviews

We've worked with Gabi as our agent for both buying and selling homes. I can't recommend her enough. She takes the time to give attention to each client, whatever is required so that the transaction is smooth. She is highly professional, responsive, ...

Remax Logo
Gabi Bergstrom Durango Real Estate Remax Logo
970.946.7522 GabiBergstrom(at)gmail(dotted)com RE/MAX Pinnacle
1221 Main Ave. Durango, CO. 81301
News letter
Sign up for our newsletter to receive latest updates about our exclusive listings.