Is Now the Right Time to Buy or Sell in Durango?

Timing is Everything—Especially in Real Estate

If you’ve been watching the Durango real estate market and wondering whether now is the right time to make a move—you’re not alone. As a seasoned real estate agent with 20 years of experience helping folks buy and sell in this beautiful corner of Colorado, I get this question a lot. The short answer? It depends on your goals—but the data and trends for 2025 offer some real clues.

Inventory is Ticking Up, But Still Below Pre-Pandemic Levels

Durango has seen a slight increase in available homes compared to last year. While that’s great news for buyers who were feeling squeezed by the ultra-low inventory of 2021–2023, we’re still not quite back to the pre-pandemic “normal.” In February 2025, active listings in La Plata County rose about 9% year-over-year, but buyer demand is keeping pace—especially for homes under $600,000.

Buyers: This means you have a bit more breathing room, but homes in popular neighborhoods like Animas Valley or Edgemont Highlands still move quickly. Be prepared to act fast when the right home hits the market.

Sellers: More listings mean more competition, so pricing your home correctly—and making it shine—is more important than ever. The good news? Well-prepared homes are still receiving strong offers.

Interest Rates Are Stabilizing (Finally)

After a rollercoaster of rate hikes and economic uncertainty, mortgage interest rates are finally showing signs of leveling out. As of April 2025, the average 30-year fixed rate in Colorado is hovering around 6.4%—lower than the 7%+ highs of late 2023, but still higher than the 3% “golden era” of 2020.

Buyers: This is likely the “new normal,” so if you’ve been holding out for lower rates, it might be time to reassess. Locking in a rate now—before the busy summer season—could be a smart move.

Sellers: Stabilized rates mean more confident buyers. That translates to a more active spring and summer selling season. If you’re ready to list, don’t wait too long to catch the wave.

Home Values Are Holding Steady (With a Few Hot Spots)

Prices in Durango are relatively stable going into Q2 of 2025. Median home prices have increased modestly—around 3% year-over-year—driven by demand in neighborhoods like Dalton Ranch, Rockridge, and Three Springs.

Buyers: You’re less likely to encounter wild bidding wars right now, and there’s more opportunity for negotiation—especially with motivated sellers.

Sellers: If your home is in a sought-after area or has unique features (hello, mountain views or energy-efficient upgrades!), you can still command top dollar with the right strategy.

Local Lifestyle Still Drives Demand

Durango continues to attract buyers from all over the country—especially remote workers and retirees seeking that perfect mix of outdoor adventure and small-town charm. With year-round recreation, great schools, and a strong community vibe, demand isn’t going anywhere.

Buyers & Sellers: Whether you’re coming or going, the lifestyle here adds long-term value to Durango real estate. It’s more than just a market—it’s a way of life.

What’s Your Next Move?

So—is now the right time to buy or sell in Durango?
For many, yes—as long as you go in with a clear plan and the right guidance.

The market is balanced enough to give both buyers and sellers a fair shot. If you’re thinking about making a move, let’s chat about your specific situation. I’ll give you straight answers and local insights, so you can feel confident in your next step.

👉 Reach out today to schedule a free, no-pressure consultation. Let’s find out if now is the right time for you.