Destination DRO Real Estate Group

Last week saw an increase in the number of homes sold. It isn't coincidental that the last week of the month always tends to be the busiest. Why? Buyers with mortgages will tend to time their closing to avoid the first payment as long as possible-buying at month's end does just that.

Market Update for the week of 10/5. Stats represent residential sales in the MLS in La Plata County and Montezuma County east of Cortez. The average price is calculated only from the homes that sold in the last seven days.

How seasonal are our local markets? While we see our peak activity in the summer and fall, the only true slow times are generally from mid-November through early January. Our markets tend to be dynamic, and every year has a different ebb and flow to it for a number of reasons.

Market Update for the week of 9/28. Stats represent residential sales in the MLS in La Plata County and Montezuma County east of Cortez. The average price is calculated only from the homes that sold in the last seven days.

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For the last two weeks, our region has had the same amount of pending contracts as we saw in July-a steady number. Hopefully we continue to see this through the fall. Call us with your real estate market questions!

Market Update for the week of 9/21. Stats represent residential sales in the MLS in La Plata County and Montezuma County east of Cortez. The average price is calculated only from the homes that sold in the last seven days.

Looking at pending contracts, we won’t hold out hope for a bump of sales in September, as is sometimes the case. Rate increases made that possibility almost impossible. While 2026 shouldn’t end much lower in number or price than 2025, the balance of the market has shifted quite a bit over the year from Seller to Buyer.

Market Update for the week of 9/14. Stats represent residential sales in the MLS in La Plata County and Montezuma County east of Cortez. The average price is calculated only from the homes that sold in the last seven days.

As much as our for-sale inventory is continuing to climb in 2026, it is still below the number of homes on the market pre-COVID. In La Plata County, current active inventory is 25% lower than in the summer of 2019.

Market Update for the week of 9/8. Stats represent residential sales in the MLS in La Plata County and Montezuma County east of Cortez. The average price is calculated only from the homes that sold in the last seven days.