01/26/2026
From Durango Area Association of Realtors® - Single-family home sales were nearly the same as last year, with just 8 fewer sales than in 2024 and 8 more than in 2023. Condo and townhome sales outside the resort area dipped slightly from 2024 but were still much higher than in 2023. Buyer demand remained consistent.
The biggest change in 2025 was more homes for sale. By December, there were 16% more single-family homes and 43% more condos and townhomes on the market compared to 2024. With more choices available, homes took longer to sell and buyers had more room to be selective creating more competition among sellers. Homes that sold were typically priced well and move-in ready. Rural areas slowed more than Durango’s urban center, likely due in part to rising insurance costs. However, overall inventory levels were still well below what was typical before COVID—though sellers are no longer used to longer selling times.
Durango In-Town saw single-family home sales increase by 10%, while the median price dropped 8%. Condo and townhome sales fell 7%, but the median price rose 3%. This reflects the types of homes selling, not a major shift in values.
Rural Durango had about the same number of sales, but homes stayed on the market 16% longer. The median price rose 10%, largely because there were significantly more $2 million-plus home sales than last year.
Bayfield, both in-town and rural, showed stability in 2025. The median price for a rural Bayfield single-family home is $541,500.
The Resort Area slowed in 2025, with more homes available than in recent years. Median prices dropped—especially for condos and townhomes—but this was mainly due to smaller units selling, not falling values overall.
Looking ahead to 2026, the market is expected to feel much like 2025: steady buyers, slightly rising inventory, and home prices that remain stable or increase modestly in line with inflation.
If you have been thinking of buying or selling, or have any questions about the La Plata County real estate market, please contact us.