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June Market Update

For the third month in a row, Durango and La Plata County single-family sales have surpassed sales YOY, reaching 40% in May. While the past months’ sales were attributed to a higher amount of inventory available to purchase, May’s demand from Buyers far exceeded the new listings on the market, which were down 31% from May 2025.

Condo/townhome sales are holding steady compared with May 2025, but with 35% increase in new listings coming on the market in May YOY, inventory is starting to rise.

It seems as if our selling cycle in 2026 started earlier, and new listings coming on the market peaked earlier than in some years past. Buyer demand is strong.

Pending sales rose sharply compared to May 2025; an increase of +30% single-family homes and 24% for condo/townhomes will result in an uptick in sales for at least another month.

Single-family inventory has shifted after months of steady increases, with 6.6% less homes on the market than in April 2025. Condo/townhomes are still coming on at a faster pace than last year, with a 35% increase in new listings for the month and 30% greater available inventory.

Newsworthy regions of La Plata County in May were Durango in-town condos/townhomes, which had a flurry of new listings, up 93% over last May.

Rural Durango single-family home sales are up 42% over YTD 2025. Both single-family and condos/townhomes in the Purgatory Resort and North County area had a strong May and 2026 YTD, though inventory in this market has grown to where there is more than a year’s worth of active homes for sale.

The median single-family home in-town Durango is currently $1,065,000, and in-town

Bayfield is $584,900. The North County/Purgatory home median single-family home is

$2,987,500, and the median condo/townhome is $597,500.

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