![Record Homes Sales: Colorado is Currently a Seller’s Market](http://townsquare.media/site/49/files/2017/05/House-Hunters.jpg?w=980&q=75)
Record Homes Sales: Colorado is Currently a Seller’s Market
Is your Colorado home for sale?
In the thick of the COVID-19 pandemic, Colorado home sales are spiking to record numbers, according to ColoradoRealtors.com. In July, Colorado hit a record 10,771 single-family homes sales, which is a 21 percent increase from last year.
This is wild, because the number of single-family homes listed dropped by 42 percent when compared to 2019. Yet overall, colorful Colorado has seen a climb of 8.6 percent in home listings this year, as reported by Fox Business.
Additionally, the Colorado Realtor's report states that single-family homes have appreciated 5.7 percent compared to last year. Meanwhile, town homes and condos are at a 6.2 percent increase in the median sales price compared to last year's numbers, making it truly a seller's market right now in the state.
The competition for homes has been so fierce that home buyers have "waited on an hour-by-hour basis for the new listings to show up, then competed to win the bidding wars" Colorado Springs realtor Jay Gupta said in the Colorado Realtor's report.
I can totally attest to this statement, as this was the exact situation I found myself in while house hunting at the beginning of the summer. By the time any place I was interested in hit the market, 40 people would inquire within the first 24 hours.
Needless to say, if you're looking for a home right now in NoCo, best of luck to you.
![Power 102.9 NoCo - KARS-FM logo](https://townsquare.media/site/52/files/2019/09/5122.jpg?w=100)
Old Town Fort Collins: Ten Years Ago, and Now
More From Power 102.9 NoCo - KARS-FM
![Cloth is Out, Free KN95 Masks Locations in Northern Colorado](http://townsquare.media/site/49/files/2022/01/attachment-KN95-masks.jpg?w=980&q=75)
![Colorado Is the 10th Least-Safe State For COVID, But Is It Getting Better?](http://townsquare.media/site/51/files/2021/11/attachment-GettyImages-1231050768.jpg?w=980&q=75)
![Colorado Is a High-Risk Workplace, So Now We All Qualify For Boosters](http://townsquare.media/site/50/files/2021/11/attachment-brano-QSuou3VAtf4-unsplash.jpg?w=980&q=75)
![Polis Shares Why Colorado Doesn’t Have Statewide Mask Mandate, Increased Restrictions](http://townsquare.media/site/51/files/2021/11/attachment-GettyImages-1230878307.jpg?w=980&q=75)
![Colorado Is 80% Vaccinated, And Also the 5th-Worst State for COVID, Here’s Why](http://townsquare.media/site/51/files/2021/11/attachment-jakayla-toney-zRGqHTHP-HQ-unsplash.jpg?w=980&q=75)
![COVID Outbreaks Tied to 9 Summer Festivals — But Taste of FoCo Ain’t One](http://townsquare.media/site/50/files/2021/10/attachment-mlink.jpg?w=980&q=75)
![New Belgium Fort Collins Giving Free Beer to Healthcare Workers This Week](http://townsquare.media/site/51/files/2021/10/attachment-new-belgium-1.jpg?w=980&q=75)
![Larimer: October 20, 2021 at Noon, Indoor Mask Mandate Back In Place](http://townsquare.media/site/49/files/2021/10/attachment-GettyImages-1331516256.jpg?w=980&q=75)
![Loveland Christian School Superintendent Will Be on Tucker Carlson Thursday Night](http://townsquare.media/site/50/files/2021/10/attachment-GettyImages-1139127476.jpg?w=980&q=75)