It’s never over ’til it’s over and these properties have not yet closed, but it’s an encouraging sign for our local real estate market to see so many under contract. The average list price is $262,605.
Especially heartening is the observation that 6 of these homes are priced between $500,000-600,000. Only 6 homes in this very depressed market segment sold during all of 2009, and the first one not until July. This is a notable upstat for early in 2010.
This home at 68 Echo Drive is located on 5 acres in Loma Linda, about 6 miles south of Pagosa Springs. It’s 3320 square feet, listed at $599,500.

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