Durango Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Durango averaged 6.56% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 5.96% and one month ago for the week of 2024-09-05, the average rate was 6.19%.

Durango's average rate one year ago was 7.43%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Durango 30 Year Fixed Rate 2024-10-10 6.56%
Durango 30 Year Fixed Rate Refi 2024-10-10 6.62%
Durango 15 Year Fixed Rate 2024-10-10 5.61%
Durango 15 Year Fixed Rate Refi 2024-10-10 5.31%
Durango 30 Year FHA 2024-10-10 6.2%
Durango 30 Year FHA Refi 2024-10-10 6.1%
Durango 30 Year USDA 2024-10-10 6.08%
Durango 30 Year USDA Refi 2024-10-10 6.08%
Durango 30 Year VA 2024-10-10 6.05%
Durango 30 Year VA Refi 2024-10-10 5.75%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Durango, CO.

Durango Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Durango, CO market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 149 6.85% $6,989
QUICKEN LOANS, LLC 54 6.80% $7,189
The Central Trust Bank 52 6.99% $4,161
Bank of Colorado 29 6.89% $6,282
Alpine Bank 23 7.22% $3,870
Glacier Bank 13 7.08% $5,190
Century Mortgage Company DBA Century Lending Company 11 6.61% $7,387
Morgan Stanley Private Bank 10 5.80% $3,843
PROVIDENT FUNDING ASSOCIATES, L.P. 9 6.47% $4,067
JPMorgan Chase Bank 8 6.17% $8,235
Flanagan State Bank 8 6.63% $5,687
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION 6 6.71% $3,870
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.85% $7,982
Wells Fargo Bank 6 7.10% $4,458
ACADEMY MORTGAGE CORPORATION 6 6.75% $4,754
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.57% $4,675
The Huntington National Bank 5 6.03% $4,649
U.S. Bank 5 6.68% $3,630
Mr. Cooper ( Nationstar Mortgage ) 5 6.59% $11,092
GUARANTEED RATE, INC. 4 7.03% $5,275
GUILD MORTGAGE COMPANY 4 6.44% $5,721
AMCAP MORTGAGE, LTD. 4 6.88% $9,812
CROSSCOUNTRY MORTGAGE, LLC 4 6.90% $9,370
CORNERSTONE HOME LENDING, INC. 3 6.58% $13,458
Bank of America 3 6.75% $4,036
Elevations Credit Union 3 6.71% $3,359
Charles Schwab Bank, SSB 3 6.09% $3,672
AMERISAVE MORTGAGE CORPORATION 3 6.92% $3,510
BMO Harris Bank 3 6.67% $3,731
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 3 6.88% $3,963
AMERICAN FINANCING CORPORATION 3 6.25% $13,287
PENNYMAC LOAN SERVICES, LLC 3 7.04% $7,769
UNIVERSAL LENDING CORPORATION 3 7.04% $5,762
SECURITY SERVICE 2 6.50% $3,247
PENTAGON FEDERAL CREDIT UNION 2 5.81% $3,460
NBKC BANK 2 6.50% $2,344
Plains Commerce Bank 2 7.06% $6,532
PLAZA HOME MORTGAGE, INC. 2 5.68% $19,244
PNC Bank 2 6.19% $4,870
NBH Bank 2 8.44% $3,898
FREEDOM MORTGAGE CORPORATION 2 7.13% $9,636
CANOPY MORTGAGE, LLC 2 6.06% $8,716
Paramount Residential Mortgage Group, Inc. 2 8.06% $7,951
Stifel Bank and Trust 2 6.25% $3,156
DRAPER AND KRAMER MORTGAGE CORP. 2 7.38% $9,375
BROKER SOLUTIONS, INC. 2 6.62% $4,580
KeyBank 2 5.94% $3,591
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $6,301
Princeton Mortgage Corporation 1 4.75% $5,759
RESIDENTIAL BANCORP 1 7.13% $12,350
SANDIA LABORATORY 1 5.88% $3,804
Sunflower Bank 1 6.99% $12,890
SWBC MORTGAGE CORPORATION 1 6.50% $4,527
The Federal Savings Bank 1 6.25% $9,525
UBS Bank USA 1 5.00% $3,632
USAA Federal Savings Bank 1 6.13% $10,633
Wallick & Volk, Inc. 1 5.88% $51
ZILLOW HOME LOANS, LLC 1 7.38% $6,515
Zions Bank 1 5.88% $3,536
ADVANCIAL 1 7.88% $26,384
ALAMEDA MORTGAGE CORPORATION 1 7.38% $7,604
Alcova Mortgage LLC 1 7.25% $3,854
ALLIANT CREDIT UNION 1 6.25% $3,635
ALLIED MORTGAGE GROUP, INC. 1 7.50% $3,659
Ally Bank 1 6.38% $1,037
American Mortgage & Equity Consultants, Inc. 1 7.25% $4,664
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $8,403
Arvest Bank 1 7.38% $2,287
AXIA FINANCIAL, LLC 1 7.88% $10,492
Axos Bank 1 7.63% $1,564
Blue Federal Credit Union 1 6.46% $4,704
BM Real Estate Services, Inc. 1 7.88% $7,710
CARDINAL FINANCIAL 1 6.13% $9,005
CHURCHILL MORTGAGE CORPORATION 1 5.75% $6,564
CIBC Bank USA 1 5.88% $3,295
Citibank 1 5.13% $2,279
CMG MORTGAGE, INC. 1 7.75% $4,115
Colonial Savings, F.A. 1 6.00% $2,237
COMMUNITY MORTGAGE FUNDING, LLC 1 6.63% $4,232
Discover Bank 1 8.24% $0
EMBRACE HOME LOANS, INC. 1 5.99% $2,663
ENVOY MORTGAGE, LTD 1 7.63% $19,596
FirstBank 1 7.00% $2,829
First Federal Bank 1 6.88% $3,195
First Horizon Bank 1 7.13% $2,853
First Savings Bank 1 7.38% $11,035
Flagstar Bank, FSB 1 8.25% $3,601
Gateway First Bank 1 6.50% $10,339
GROUP MORTGAGE, LLC 1 7.38% $2,549
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.99% $3,385
HUNT MORTGAGE CORPORATION 1 6.50% $10,346
LAND HOME FINANCIAL SERVICES, INC. 1 6.13% $6,143
Landmark National Bank 1 6.00% $2,655
LENDSURE MORTGAGE CORP. 1 7.50% $7,895
MORTGAGE ACCESS CORP. 1 6.49% $8,665
M&T Bank 1 5.25% $3,306
NAVY FEDERAL CREDIT UNION 1 4.63% $2,991
NEWREZ LLC 1 7.88% $6,805
NexBank 1 7.88% $10,603
North American Savings Bank, F.S.B. 1 8.38% $7,739
Northpointe Bank 1 7.00% $4,504
OCMBC, INC. 1 6.00% $9,827
Peak Financial 1 6.50% $3,399
Pinnacle Bank 1 8.75% $3,247
PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.99% $2,690

Durango Average Closing Costs & Other Stats

Durango, CO's 105 lenders originated 1,087 loans during 2023. The total origination value was $415,235,000, with an average loan value of $382,001.

Durango's average closing costs are $4,833.

The top Durango lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 149 loans originated. Their average total fees are $6,989, which is $199 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Durango lenders (with over 10 loans originated) are Morgan Stanley Private Bank ($3,843), Alpine Bank ($3,870), The Central Trust Bank ($4,161), Glacier Bank ($5,190) and Bank of Colorado ($6,282).

The lowest rate Durango lenders (with over 10 loans originated) are Morgan Stanley Private Bank (5.80%), Century Mortgage Company DBA Century Lending Company (6.61%), QUICKEN LOANS, LLC (6.80%), UNITED WHOLESALE MORTGAGE, LLC (6.85%) and Bank of Colorado (6.89%).

Durango, CO Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
UNITED WHOLESALE MORTGAGE, LLC $127,870,000 $87,905,000 -31.3% 21.2%
Bank of Colorado $76,345,000 $42,175,000 -44.8% 10.2%
The Central Trust Bank $39,490,000 $31,970,000 -19.0% 7.7%
QUICKEN LOANS, LLC $27,470,000 $27,170,000 -1.1% 6.5%
Alpine Bank $69,655,000 $21,100,000 -69.7% 5.1%
JPMorgan Chase Bank $10,745,000 $11,960,000 11.3% 2.9%
Glacier Bank $14,215,000 $10,745,000 -24.4% 2.6%
Morgan Stanley Private Bank $15,500,000 $8,650,000 -44.2% 2.1%
CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $5,200,000 $7,455,000 43.4% 1.8%
NBH Bank $5,485,000 $4,885,000 -10.9% 1.2%
U.S. Bank $7,955,000 $4,815,000 -39.5% 1.2%
Century Mortgage Company DBA Century Lending Company $5,200,000 $4,750,000 -8.7% 1.1%
The Huntington National Bank $5,355,000 $4,695,000 -12.3% 1.1%
CROSSCOUNTRY MORTGAGE, LLC $1,745,000 $4,570,000 161.9% 1.1%
TBK BANK, SSB $3,455,000 $4,460,000 29.1% 1.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $3,765,000 $4,135,000 9.8% 1.0%
Zions Bank $22,395,000 $3,910,000 -82.5% 0.9%
PNC Bank $2,500,000 $3,780,000 51.2% 0.9%
Flanagan State Bank $7,905,000 $3,740,000 -52.7% 0.9%
PENNYMAC LOAN SERVICES, LLC $4,310,000 $3,285,000 -23.8% 0.8%
GUILD MORTGAGE COMPANY $1,265,000 $3,280,000 159.3% 0.8%
Wells Fargo Bank $18,060,000 $3,060,000 -83.1% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,835,000 $3,020,000 -37.5% 0.7%
Bank of America $15,930,000 $2,965,000 -81.4% 0.7%
CORNERSTONE HOME LENDING, INC. $3,315,000 $2,950,000 -11.0% 0.7%
NAVY FEDERAL CREDIT UNION $2,810,000 $2,945,000 4.8% 0.7%
BMO Harris Bank $1,590,000 $2,940,000 84.9% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $4,795,000 $2,905,000 -39.4% 0.7%
ACADEMY MORTGAGE CORPORATION $5,510,000 $2,855,000 -48.2% 0.7%
GUARANTEED RATE, INC. $2,960,000 $2,820,000 -4.7% 0.7%
Stifel Bank and Trust $5,395,000 $2,490,000 -53.8% 0.6%
Charles Schwab Bank, SSB $3,795,000 $2,365,000 -37.7% 0.6%
AMCAP MORTGAGE, LTD. $795,000 $2,190,000 175.5% 0.5%
Affiliated Bank $175,000 $2,105,000 1,102.9% 0.5%
Elevations Credit Union $890,000 $2,055,000 130.9% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $365,000 $2,045,000 460.3% 0.5%
DRAPER AND KRAMER MORTGAGE CORP. $1,935,000 n/a 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $2,360,000 $1,885,000 -20.1% 0.5%
UNIVERSAL LENDING CORPORATION $2,080,000 $1,830,000 -12.0% 0.4%
Flagstar Bank, FSB $2,065,000 $1,770,000 -14.3% 0.4%
PLAZA HOME MORTGAGE, INC. $395,000 $1,695,000 329.1% 0.4%
BROKER SOLUTIONS, INC. $1,485,000 $1,670,000 12.5% 0.4%
SANDIA LABORATORY $1,830,000 $1,655,000 -9.6% 0.4%
ADVANCIAL $1,505,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $2,825,000 $1,475,000 -47.8% 0.4%
First-Citizens Bank & Trust Company $1,425,000 n/a 0.3%
21ST MORTGAGE CORPORATION $1,190,000 $1,420,000 19.3% 0.3%
FREEDOM MORTGAGE CORPORATION $1,475,000 $1,365,000 -7.5% 0.3%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $7,100,000 $1,345,000 -81.1% 0.3%
USAA Federal Savings Bank $1,175,000 $1,335,000 13.6% 0.3%
CARDINAL FINANCIAL $1,705,000 $1,285,000 -24.6% 0.3%
ALLIANT CREDIT UNION $715,000 $1,250,000 74.8% 0.3%
Mortgage Research Center, LLC $1,585,000 $1,220,000 -23.0% 0.3%
American Mortgage & Equity Consultants, Inc. $1,215,000 n/a 0.3%
PENTAGON FEDERAL CREDIT UNION $1,150,000 $1,200,000 4.3% 0.3%
ENCORE BANK $465,000 $1,125,000 141.9% 0.3%
AMERICAN FINANCING CORPORATION $1,665,000 $1,085,000 -34.8% 0.3%
KeyBank $3,270,000 $1,060,000 -67.6% 0.3%
Discover Bank $120,000 $1,025,000 754.2% 0.2%
NEWREZ LLC $1,820,000 $1,015,000 -44.2% 0.2%
FINANCE OF AMERICA REVERSE LLC $565,000 $1,000,000 77.0% 0.2%
SECURITY SERVICE $1,270,000 $980,000 -22.8% 0.2%
United Fidelity Funding Corp. $915,000 n/a 0.2%
NBKC BANK $905,000 $860,000 -5.0% 0.2%
Plains Commerce Bank $205,000 $850,000 314.6% 0.2%
CIBC Bank USA $835,000 n/a 0.2%
Paramount Residential Mortgage Group, Inc. $1,340,000 $830,000 -38.1% 0.2%
The Federal Savings Bank $1,460,000 $780,000 -46.6% 0.2%
Gibsland Bank & Trust Company $765,000 n/a 0.2%
CMG MORTGAGE, INC. $860,000 $755,000 -12.2% 0.2%
Prosperity Home Mortgage, LLC $725,000 n/a 0.2%
Alcova Mortgage LLC $715,000 n/a 0.2%
Citibank $13,965,000 $715,000 -94.9% 0.2%
CANOPY MORTGAGE, LLC $700,000 n/a 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $1,160,000 $685,000 -40.9% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,920,000 $660,000 -65.6% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $570,000 $650,000 14.0% 0.2%
Landmark National Bank $645,000 n/a 0.2%
ENVOY MORTGAGE, LTD $355,000 $625,000 76.1% 0.2%
Northpointe Bank $1,780,000 $610,000 -65.7% 0.1%
GROUP MORTGAGE, LLC $595,000 n/a 0.1%
Figure Lending LLC $415,000 $590,000 42.2% 0.1%
Gateway First Bank $1,565,000 $585,000 -62.6% 0.1%
UBS Bank USA $2,740,000 $585,000 -78.6% 0.1%
AXIA FINANCIAL, LLC $345,000 $555,000 60.9% 0.1%
Frandsen Bank & Trust $555,000 n/a 0.1%
HOMESTEAD FUNDING CORP. $545,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $330,000 $540,000 63.6% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $455,000 $525,000 15.4% 0.1%
Colonial Savings, F.A. $515,000 n/a 0.1%
Vantage Bank Texas $505,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $485,000 n/a 0.1%
American Bank of Commerce $475,000 n/a 0.1%
HUNT MORTGAGE CORPORATION $465,000 n/a 0.1%
MORTGAGE ACCESS CORP. $465,000 n/a 0.1%
RESIDENTIAL BANCORP $465,000 n/a 0.1%
RF Renovo Management Company, LLC $445,000 n/a 0.1%
Sunflower Bank $1,820,000 $445,000 -75.5% 0.1%
Third Federal Savings and Loan Association of Cleveland $345,000 $445,000 29.0% 0.1%
USAlliance Federal Credit Union $445,000 n/a 0.1%
AMWEST FUNDING CORP. $435,000 n/a 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $425,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $25,000 $420,000 1,580.0% 0.1%
Arvest Bank $415,000 n/a 0.1%
First Federal Bank $415,000 n/a 0.1%
UMB Bank $630,000 $410,000 -34.9% 0.1%
NexBank $3,770,000 $405,000 -89.3% 0.1%
Wallick & Volk, Inc. $395,000 $395,000 0.0% 0.1%
Blue Federal Credit Union $385,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $385,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $495,000 $385,000 -22.2% 0.1%
FirstBank $365,000 n/a 0.1%
First Savings Bank $745,000 $365,000 -51.0% 0.1%
Bethpage Federal Credit Union $360,000 n/a 0.1%
Citizens Bank $355,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $355,000 n/a 0.1%
INFINITY EQUITY GROUP, INC. $355,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $355,000 n/a 0.1%
ALLIED MORTGAGE GROUP, INC. $345,000 n/a 0.1%
BELLCO $1,400,000 $330,000 -76.4% 0.1%
M&T Bank $320,000 n/a 0.1%
BM Real Estate Services, Inc. $315,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $265,000 $315,000 18.9% 0.1%
Axos Bank $305,000 n/a 0.1%
LENDSURE MORTGAGE CORP. $565,000 $305,000 -46.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,005,000 $295,000 -70.6% 0.1%
Princeton Mortgage Corporation $295,000 $295,000 0.0% 0.1%
SWBC MORTGAGE CORPORATION $295,000 n/a 0.1%
MOUNTAIN AMERICA $55,000 $285,000 418.2% 0.1%
EVERETT FINANCIAL, INC. $960,000 $280,000 -70.8% 0.1%
OCMBC, INC. $275,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $290,000 $250,000 -13.8% 0.1%
ALAMEDA MORTGAGE CORPORATION $245,000 n/a 0.1%
Pinnacle Bank $245,000 n/a 0.1%
First Horizon Bank $235,000 n/a 0.1%
North American Savings Bank, F.S.B. $225,000 n/a 0.1%
COMMUNITY MORTGAGE FUNDING, LLC $215,000 n/a 0.1%
American Airlines Federal Credit Union $85,000 $205,000 141.2% 0.0%
BOKF $3,745,000 $205,000 -94.5% 0.0%
Mortgage Bank of California $205,000 n/a 0.0%
Peak Financial $205,000 n/a 0.0%
Ent Credit Union $1,105,000 $175,000 -84.2% 0.0%
NEW DAY FINANCIAL, LLC $935,000 $165,000 -82.4% 0.0%
Notre Dame Federal Credit Union Corporation $105,000 $165,000 57.1% 0.0%
ZILLOW HOME LOANS, LLC $555,000 $165,000 -70.3% 0.0%
Credit Union of Denver $65,000 $160,000 146.2% 0.0%
Connexus Credit Union $155,000 n/a 0.0%
PREMIER MEMBERS CREDIT UNION $255,000 $150,000 -41.2% 0.0%
Coastal Community Bank $135,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $980,000 $115,000 -88.3% 0.0%
Ally Bank $325,000 $105,000 -67.7% 0.0%
Community National Bank & Trust of Texas $105,000 n/a 0.0%
LOANDEPOT.COM, LLC $7,600,000 $85,000 -98.9% 0.0%
CANVAS CREDIT UNION $205,000 $65,000 -68.3% 0.0%
Alaska USA Federal Credit Union $55,000 n/a 0.0%
Centier Bank $65,000 $55,000 -15.4% 0.0%
SPRING EQ, LLC $1,040,000 $55,000 -94.7% 0.0%
Weld Schools Credit Union $45,000 n/a 0.0%
Carrington Mortgage Services, LLC $1,180,000 $25,000 -97.9% 0.0%

Durango's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 21.2% market share. In second place, with 10.2%, is Bank of Colorado, having originated $42,175,000 in loans. In third place, with 7.7%, is The Central Trust Bank, having originated $31,970,000 in loans. In fourth place, with 6.5%, is QUICKEN LOANS, LLC, having originated $27,170,000 in loans. In fifth place, with 5.1%, is Alpine Bank, having originated $21,100,000 in loans.


Durango Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Durango (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $525,750 (9.9%) $765,556 (5.8%) 0.00 474
2018-02-01 $547,750 (17.9%) $773,418 (8.7%) 0.00 461
2018-03-01 $549,000 (18.7%) $811,301 (15.9%) 0.00 496
2018-04-01 $554,500 (16.7%) $867,279 (10.0%) 0.00 538
2018-05-01 $549,000 (8.3%) $846,563 (4.5%) 0.00 589
2018-06-01 $549,900 (8.6%) $825,208 (4.2%) 0.00 658
2018-07-01 $549,000 (8.2%) $792,534 (0.6%) 0.00 695
2018-08-01 $515,250 (0.3%) $786,210 (0.2%) 0.00 718
2018-09-01 $522,900 (4.7%) $798,870 (2.3%) 0.00 705
2018-10-01 $524,725 (-4.5%) $786,638 (-4.4%) 0.00 651
2018-11-01 $520,000 (-6.3%) $793,756 (-4.6%) 0.00 618
2018-12-01 $524,400 (-4.6%) $817,748 (-1.7%) 0.00 546
2019-01-01 $522,450 (-0.6%) $765,775 (0.0%) 0.00 476
2019-02-01 $519,925 (-5.1%) $694,573 (-10.2%) 0.00 465
2019-03-01 $522,043 (-4.9%) $732,005 (-9.8%) 0.00 475
2019-04-01 $524,950 (-5.3%) $778,795 (-10.2%) 0.00 496
2019-05-01 $542,450 (-1.2%) $803,565 (-5.1%) 0.00 626
2019-06-01 $550,000 (0.0%) $812,983 (-1.5%) 0.00 690
2019-07-01 $549,000 (0.0%) $809,662 (2.2%) 0.00 734
2019-08-01 $553,636 (7.5%) $814,948 (3.7%) 0.00 735
2019-09-01 $560,591 (7.2%) $834,436 (4.5%) 0.00 724
2019-10-01 $559,477 (6.6%) $845,885 (7.5%) 0.00 709
2019-11-01 $550,000 (5.8%) $848,269 (6.9%) 0.00 631
2019-12-01 $549,663 (4.8%) $858,521 (5.0%) 0.00 585
2020-01-01 $538,000 (3.0%) $817,002 (6.7%) 0.00 512
2020-02-01 $535,000 (2.9%) $804,904 (15.9%) 0.00 497
2020-03-01 $549,000 (5.2%) $824,449 (12.6%) 0.00 499
2020-04-01 $559,000 (6.5%) $851,361 (9.3%) 0.00 452
2020-05-01 $549,900 (1.4%) $849,630 (5.7%) 0.00 496
2020-06-01 $580,500 (5.6%) $882,649 (8.6%) 0.00 520
2020-07-01 $591,250 (7.7%) $868,309 (7.2%) 0.00 489
2020-08-01 $599,875 (8.4%) $870,700 (6.8%) 0.00 430
2020-09-01 $643,000 (14.7%) $946,867 (13.5%) 0.00 335
2020-10-01 $659,900 (18.0%) $1,054,980 (24.7%) 0.00 291
2020-11-01 $678,663 (23.4%) $1,153,846 (36.0%) 0.00 246
2020-12-01 $657,475 (19.6%) $1,158,170 (34.9%) 0.00 204
2021-01-01 $689,450 (28.2%) $1,242,280 (52.1%) 0.00 163
2021-02-01 $730,000 (36.5%) $1,372,113 (70.5%) 0.00 138
2021-03-01 $777,000 (41.5%) $1,592,000 (93.1%) 0.00 136
2021-04-01 $838,000 (49.9%) $1,722,341 (102.3%) 0.00 133
2021-05-01 $899,000 (63.5%) $1,733,980 (104.1%) 0.00 147
2021-06-01 $972,000 (67.4%) $1,763,022 (99.7%) 0.00 159
2021-07-01 $875,000 (48.0%) $1,647,970 (89.8%) 0.00 185
2021-08-01 $838,750 (39.8%) $1,641,197 (88.5%) 0.00 190
2021-09-01 $866,250 (34.7%) $1,642,790 (73.5%) 0.00 181
2021-10-01 $925,000 (40.2%) $1,826,920 (73.2%) 0.00 150
2021-11-01 $925,000 (36.3%) $1,825,436 (58.2%) 0.00 135
2021-12-01 $943,250 (43.5%) $1,973,489 (70.4%) 0.00 117
2022-01-01 $896,500 (30.0%) $1,964,623 (58.2%) 0.00 101
2022-02-01 $844,500 (15.7%) $1,825,985 (33.1%) 0.00 104
2022-03-01 $787,500 (1.4%) $1,845,443 (15.9%) 0.00 102
2022-04-01 $762,500 (-9.0%) $1,827,547 (6.1%) 0.00 115
2022-05-01 $776,000 (-13.7%) $1,751,263 (1.0%) 0.00 169
2022-06-01 $895,000 (-7.9%) $1,755,726 (-0.4%) 0.00 219
2022-07-01 $875,000 (0.0%) $1,588,381 (-3.6%) 0.00 262
2022-08-01 $874,000 (4.2%) $1,551,404 (-5.5%) 0.00 268
2022-09-01 $874,500 (1.0%) $1,596,801 (-2.8%) 0.00 262
2022-10-01 $890,000 (-3.8%) $1,668,017 (-8.7%) 0.00 259
2022-11-01 $849,500 (-8.2%) $1,609,945 (-11.8%) 0.00 236
2022-12-01 $799,000 (-15.3%) $1,510,946 (-23.4%) 0.00 208
2023-01-01 $834,725 (-6.9%) $1,649,974 (-16.0%) 0.00 177
2023-02-01 $849,250 (0.6%) $1,757,734 (-3.7%) 0.00 160
2023-03-01 $867,000 (10.1%) $1,806,928 (-2.1%) 0.00 146
2023-04-01 $889,453 (16.7%) $1,809,456 (-1.0%) 0.00 151
2023-05-01 $890,453 (14.8%) $1,686,845 (-3.7%) 0.00 188
2023-06-01 $893,226 (-0.2%) $1,710,006 (-2.6%) 0.00 233
2023-07-01 $899,999 (2.9%) $1,678,473 (5.7%) 0.00 269
2023-08-01 $886,976 (1.5%) $1,619,361 (4.4%) 0.00 283
2023-09-01 $893,905 (2.2%) $1,677,772 (5.1%) 0.00 274
2023-10-01 $896,453 (0.7%) $1,691,184 (1.4%) 0.00 278
2023-11-01 $884,476 (4.1%) $1,654,176 (2.8%) 0.00 264
2023-12-01 $869,000 (8.8%) $1,672,912 (10.7%) 0.00 225
2024-01-01 $854,500 (2.4%) $1,739,148 (5.4%) 0.00 199
2024-02-01 $819,450 (-3.5%) $1,722,984 (-2.0%) 0.00 194
2024-03-01 $839,000 (-3.2%) $1,666,901 (-7.8%) 0.00 198
2024-04-01 $796,975 (-10.4%) $1,602,254 (-11.5%) 0.00 252
2024-05-01 $825,000 (-7.4%) $1,571,578 (-6.8%) 0.00 289
2024-06-01 $889,000 (-0.5%) $1,538,304 (-10.0%) 0.00 335
2024-07-01 $889,000 (-1.2%) $1,509,615 (-10.1%) 0.00 378
2024-08-01 $892,000 (0.6%) $1,497,800 (-7.5%) 0.00 368
2024-09-01 $888,000 (-0.7%) $1,483,105 (-11.6%) 0.00 356
Durango's median listing price for 2024-09-01 was $888,000, a difference of $-5,905 (-0.7%) versus the prior year and $-4,000 versus the prior month.

Durango's median listing price comes in at 0% of the national average.

Durango's average listing price for 2024-09-01 was $1,483,105, a difference of $-194,667 (-11.6%) versus the prior year and $-14,695 versus the prior month.

For the 2024-09-01 period, Durango had 356 MLS listings, a difference of -12 listings (-3%) versus the prior month and 82 listings (30%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Durango (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,126 sqft
2018-02-01 0 days 2,110 sqft
2018-03-01 0 days 2,110 sqft
2018-04-01 0 days 2,218 sqft
2018-05-01 0 days 2,226 sqft
2018-06-01 0 days 2,224 sqft
2018-07-01 0 days 2,188 sqft
2018-08-01 0 days 2,101 sqft
2018-09-01 0 days 2,124 sqft
2018-10-01 0 days 2,109 sqft
2018-11-01 0 days 2,108 sqft
2018-12-01 0 days 2,101 sqft
2019-01-01 0 days 2,028 sqft
2019-02-01 0 days 1,996 sqft
2019-03-01 0 days 2,005 sqft
2019-04-01 0 days 2,043 sqft
2019-05-01 0 days 2,112 sqft
2019-06-01 0 days 2,178 sqft
2019-07-01 0 days 2,146 sqft
2019-08-01 0 days 2,156 sqft
2019-09-01 0 days 2,167 sqft
2019-10-01 0 days 2,170 sqft
2019-11-01 0 days 2,159 sqft
2019-12-01 0 days 2,061 sqft
2020-01-01 0 days 2,006 sqft
2020-02-01 0 days 2,004 sqft
2020-03-01 0 days 2,019 sqft
2020-04-01 0 days 2,067 sqft
2020-05-01 0 days 2,034 sqft
2020-06-01 0 days 2,136 sqft
2020-07-01 0 days 2,157 sqft
2020-08-01 0 days 2,175 sqft
2020-09-01 0 days 2,217 sqft
2020-10-01 0 days 2,262 sqft
2020-11-01 0 days 2,316 sqft
2020-12-01 0 days 2,237 sqft
2021-01-01 0 days 2,262 sqft
2021-02-01 0 days 2,306 sqft
2021-03-01 0 days 2,423 sqft
2021-04-01 0 days 2,599 sqft
2021-05-01 0 days 2,708 sqft
2021-06-01 0 days 2,703 sqft
2021-07-01 0 days 2,589 sqft
2021-08-01 0 days 2,570 sqft
2021-09-01 0 days 2,642 sqft
2021-10-01 0 days 2,803 sqft
2021-11-01 0 days 2,583 sqft
2021-12-01 0 days 2,798 sqft
2022-01-01 0 days 2,483 sqft
2022-02-01 0 days 2,194 sqft
2022-03-01 0 days 2,174 sqft
2022-04-01 0 days 2,236 sqft
2022-05-01 0 days 2,180 sqft
2022-06-01 0 days 2,375 sqft
2022-07-01 0 days 2,318 sqft
2022-08-01 0 days 2,255 sqft
2022-09-01 0 days 2,267 sqft
2022-10-01 0 days 2,347 sqft
2022-11-01 0 days 2,325 sqft
2022-12-01 0 days 2,178 sqft
2023-01-01 0 days 2,093 sqft
2023-02-01 0 days 2,129 sqft
2023-03-01 0 days 2,268 sqft
2023-04-01 0 days 2,220 sqft
2023-05-01 0 days 2,191 sqft
2023-06-01 0 days 2,154 sqft
2023-07-01 0 days 2,207 sqft
2023-08-01 0 days 2,193 sqft
2023-09-01 0 days 2,181 sqft
2023-10-01 0 days 2,196 sqft
2023-11-01 0 days 2,076 sqft
2023-12-01 0 days 2,048 sqft
2024-01-01 0 days 1,988 sqft
2024-02-01 0 days 1,950 sqft
2024-03-01 0 days 1,977 sqft
2024-04-01 0 days 2,005 sqft
2024-05-01 0 days 2,028 sqft
2024-06-01 0 days 2,068 sqft
2024-07-01 0 days 2,072 sqft
2024-08-01 0 days 2,130 sqft
2024-09-01 0 days 2,213 sqft
Durango's median listing age (time on market) for 2024-09-01 was 0 days.

Durango's median square footage for active listings during the 2024-09-01 period was 2,213 sqft. One year prior, the average listing was 2,181 sqft.

Durango, CO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 633 $316,265,000 $499,629
Other 150 $25,950,000 $173,000
Cash Out Refi 126 $36,540,000 $290,000
Home Improvement 112 $14,420,000 $128,750
Refi 65 $19,955,000 $307,000
NA 1 $2,105,000 $2,105,000

Durango's most frequently cited loan purpose was Home Purchase, with 633 originations. The 2nd most popular reason was Other, with 150 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 354 $163,320,000 $461,356
7-8% 289 $110,925,000 $383,824
Over 8% 270 $54,780,000 $202,889
5-6% 141 $73,225,000 $519,326
4-5% 13 $6,615,000 $508,846
<2.5% 4 $50,000 $12,500
2.5-3% 2 $440,000 $220,000

During 2023, Durango's most frequently originated rate bucket was 6-7%, with 354 originations.

Loan Sizing (Durango, CO MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 328 $96,020,000 $292,744
$400k-600k 226 $109,860,000 $486,106
$100,000 or less 180 $10,600,000 $58,889
$100k-200k 168 $23,170,000 $137,917
$600k-1000k 125 $89,935,000 $719,480
$Over $1MM 60 $85,650,000 $1,427,500

Durango's loan sizing saw the bucket of loans from $200k-400k with 328 originations, totaling $96,020,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 270 $148,990,000 $551,815
Under 20% 253 $24,615,000 $97,292
80-100% 234 $122,750,000 $524,573
20-40% 160 $39,860,000 $249,125
40-60% 152 $71,860,000 $472,763
Over 100% 1 $485,000 $485,000

Durango's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 270 originations, totaling $148,990,000 in origination value.