March 2024

Marching right along to the real estate beat. As anticipated, transactions, multiple offer situations and loan applications are on the rise. Homes continue to appreciate in desirable areas, pointing directly to the persistence of home values in these environments. With that in mind, real estate is an industry filled with other industries that have a direct impact. One prime example is insurance. As they pay out more in claims than they are bringing in, they are imposing that cost directly on the consumer. Some insurance policies have risen around 20% in a year. Furthermore, many insurance companies have stopped writing policies in areas prone to wildfire, floods, hurricanes and other natural disasters as they 'cannot assume the risk'. Private insurance options are available that may be more expensive, however all insurance is getting to be more expensive. A Buyer's ability to obtain homeowners insurance has always been built into our real estate contract. Now more than ever it is critical to ensure that you can insure your property!

CITY OF BOULDER Sold Listings 101 +23.2% YOY New Listings 206 +45.1% YOY Average Days on Market 58 +11.5% YOY Average Sales Price $ 1.33M +1.1% YOY Total Sales Volume $ 135M +24.5% YOY BOULDER COUNTY Sold Listings 312 +52.2% YOY New Listings 469 +27.1% YOY Average Days on Market 37 -9.8% YOY Average Sales Price $ 915K -5.9% YOY Total Sales Volume $ 285M +43.2% YOY DENVER Sold Listings 2,839 + 5% YOY New Listings 3,959 +23% YOY Average Days on Market 46 -2% YOY Average Sales Price $ 673K +4% YOY Months of Inventory 2 -20% YOY DENVER LUXURY $1M+ New Listings 625 +38% YOY Sold Listings 279 +20% YOY Average Days on Market 51 +0% YOY Average Sales Price $ 1.66M -4% YOY Total Sales Volume $ 464.94M +16% YOY Months of Inventory 3.5 +12% YOY These statistics do not account for sale concessions and/for down payment assistance. This representation is based in whole or in part on statistics from REColorado. REColorado does not guarantee and is not responsible for its accuracy. Content maintained by REColorado may not reflect all real estate activity in the area.

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Days like this make me feel incredibly grateful for the community I've developed over the past several years here in Colorado. Getting into real estate has never been about anything other than educating my clients that buying and selling a home is much more approachable than you think. Homes are where we celebrate with our friends, where we grow our families, where we shed our past selves and continue to grow into the best versions of who we really are. Thank you for letting me be a part of the journey in finding your dream home.

Somer’s Sunken Gardens opened in 1923, and the nickname “the Sink” was coined shortly after in reference to its fountain. The 100-year-old pizza-burger-beer joint once employed Robert Redford as a server, and customers have included Anthony Bourdain, and Guy Fieri, and President Obama all seated amid the restaurant’s famously graffitied walls. The Sinkburgers are made with locally sourced grass-fed beef, pizzas are known for their “ugly crust,” and the Buff Mac, topped with Buffalo chicken tenders, blue cheese crumbles, and scallions, is the stuff of legend. 1165 13th St. Boulder, CO 80302

March 30th 7:00PM @ Fox Theatre PURCHASE TICKETS HERE

KURT ROSENWINKEL STANDARDS TRIO American composer, multi-instrumentalist, bandleader, and producer Kurt Rosenwinkel is one of the most celebrated musical voices in jazz and is widely renowned as one of the most distinctive and gifted guitarists to have ever played the instrument. On November 10, 2009, Kurt Rosenwinkel released a trio recording Standards Trio:Reflections, with bassist Eric Revis and drummer Eric Harland. This album is gold.

REALTOR + PRINCIPAL AGENT m. 720.404.4614 david.stuhlemmer@compass.com jdavidboulder.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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