Metropolitan Statistical Area (MSA):
Durango, CO is a Metropolitan Statistical Area (MSA) comprising counties including La Plata County.
There is no doubt that the real estate market in Durango, Colorado is on the rise. The median home price in Durango has increased by nearly 8% in the past year, and shows no signs of slowing down. This is good news for both buyers and sellers in the area.
For buyers, this means that there is a good chance that their home will appreciate in value over time. Additionally, with interest rates still at historically low levels, now is a great time to buy a home in Durango. Sellers are also benefiting from the strong real estate market. Homes are selling quickly and for top dollar. If you are thinking of selling your home in Durango, now is a great time to do so.
If you are looking to buy or sell a home in Durango, it is important to work with a experienced real estate agent who knows the market well. They can help you navigate the current trends and ensure that you get the best possible price for your home.