PRICES: The median price for an in-town Durango home slipped in the first quarter to $388,250, according to statistics released by the Durango Area Association of Realtors. That's down 1 percent from the first quarter of 2006.
The median price of all homes sold in La Plata County also dropped slightly, from $345,000 to$328,000.
The total number of sales of in-town homes, 38, was up as compared to 30 in the first quarter of 2006. However, county wide sales totaled 83 compared to 99 in the first quarter of 2006. This softening of the county-wide market was also reflected in the number of days on the market, a 4 percent increase over 2006.
We'll keep you posted.
http://HomesInDurango.com / http://DurangoRealEstate.biz
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