Hopefully you and your family are safe and well. As we are soon moving into a new “normal” and the safer-at-home status, many are wondering what the state of the Durango real estate market looks like currently, and what our new normal means for the business.

In the last 30 days while we’ve been under stay-at-home orders, Legacy Properties West Sotheby’s International Realty (not including other brokerages in the area) has listed 9 new listings, and sold 19 properties with a total sales volume of $11,159,262.

As an office we have had 42 Showings. The number of showings in Durango for all of the MLS are shown in the graph below.

Since March 1st in the Durango MLS, there have been 108 new listings and 69 closed transactions, with the highest price of $2,350,000. Sale prices are still very strong with the list to sold price ratio averaging at nearly 98% on closed transactions.