Housing prices in the southwest region show year-to-date increase

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By Saul Rosenthal
Special to The SUN

Home values in the southwest region (Alamosa, Archuleta, Conejos, Costilla, Dolores, Hinsdale, La Plata, Mineral, Montezuma, Saguache and San Juan counties) of Colorado are considerably improved year-to-date when compared to 2014, according to statistics released this week by the Colorado Association of Realtors.

While low inventories of homes to sell continues to be a problem, there were signs of some improvement over the first three months of 2015.

The median sales price for the 347 single-family homes sold year-to-date was $235,750, an increase of 1 percent compared to 2014. For condominiums and townhouses taken together, the median price rose 10 percent to $215,000 for 65 properties sold this year.

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