Durango is located in La Plata County, just a short drive from the "Four Corners," the spot where the states of New Mexico, Arizona, Utah and Colorado meet. An incorporated city, Durango is the largest town in southwest Colorado with more than 16,000 residents. The Durango metro area features endless opportunities for recreation, a charming historic downtown district and great schools amongst a picturesque landscape. A diverse housing market presents charming starter homes, expansive luxury estates and sprawling horse properties with a median home price of $535,000.
Downtown Durango's Main Avenue features eclectic boutiques, gourmet restaurants, down-to-earth pubs, art galleries, a theater, and museums. Situated amongst diverse landscape, Durango is highlighted by the red bluffs of the Animas River Valley, the jagged crest line of the San Juan Mountains and the green backdrop of the San Juan National Forest. Durango's year round playground allows outdoor enthusiasts to bike and hike endless terrain of the nearby national parks, raft the Animas River, or ski the Durango Mountain Resort.
Getting to Durango is easy. The Durango-La Plata Airport offers daily non-stop flights from Denver and Phoenix International Airports, less than 20 miles from the heart of the city. Known for the superb quality of life, Durango features plenty of housing opportunities, great schools, countless recreational options and spectacular scenery.
Durango Real Estate Market: Prices of Houses for Sale in Durango
A combination of contemporary, subdivision, suburban and historic downtown properties are available to new residents in Durango. Featuring mountain, golf course and valley views, Durango features lush landscaping and wonderful outdoor living spaces to let the outside in. Rambling ranches, horse properties and extravagant custom-built homes in suburban subdivisions welcome homeowners with varying wish lists. Durango homes are priced from $200,000 to $2 million. Condominiums and La Plata County townhomes are found from less than $100,000 to $600,000, depending on services, views and proximity to the city or slopes. Land property in Durango is offered from $100,000 to $1.2 million depending on views, landscape and acreage.
Durango Real Estate Stats and Trends for the week of March 28th, 2011: homes priced around $1,180,000 compared to $1,180,000 the previous week, to remain steady with no change in listing price. For Monday, August 29th, the current national mortgage rate for a 30 year fixed mortgage is 3.40%; the 15 year fixed rate is at 2.67%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.80%, while the 15 year jumbo rate currently is at 3.49%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Durango CO. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Durango to help you find the best home!