Brighton, Colorado Real Estate and Relocation Information

Just 20 miles northeast of downtown Denver, in recent years Brighton has attracted younger home buyers with families to newly built communities like Bromley Park, Brighton Crossing, Buffalo Run, and Brighton East, just a few of the communities sprouting over the once sleepy Brighton landscape. In 2004 Brighton’s population had nearly doubled from 12,773 in 1980 to 25,122. Over 25% of Brighton’s population has arrived in the last five years.

Commuting time from Brighton has been improved by the addition of of E-470 to the south, making it easy to get to anywhere in the metro area via the extensive freeway/tollway system. The Denver International Airport and downtown Denver are both within half an hour’s drive; the Denver Tech Center is just 40 minutes away.

Brighton was a rural agricultural community before the Denver International Airport was built in the early 1990s. Since then the town is considered “a prime ‘Aeropolitan City’…defined as a city whose growth is stimulated by an excellent location to a major airport and is destined to become a major business and employment center” according to the State of the City Report for 2006.

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Brighton, Colorado Real Estate

• Brighton builder homes in Brighton range from $250,000 to about $500,000, including options.
• Brighton homes with 3 bedrooms, 2 baths, a finished basement and a 2-car garage can range from as low as $195,000 to as much as $900,000, with most Brighton homes selling in the $250,000 to $350,000 range.
• Brighton condos and townhomes with at least 2 bedrooms, 2 baths and a garage range from the $140,000’s up to about $270,000, with most selling in the high $100,000’s to $230,000.

Brighton Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

350 detached single family homes were sold with a median list price of $199,900. On average homes took 113 days to sell and sold for a median price of $192,769. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $44,000; highest sold price was $700,000. For condos and townhomes (attached family homes) the lowest sold price was $105,000 while the highest was $188,500. The median sold price was $135,500, and the average was $136,867.
 
The ratio of sold to list price was 97.07% for detached homes. The ratio of sold to original price was 91.13%, which means that sellers are still listing homes at too high a price The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 89.74%. To simplify, if a seller originally listed their home at $200,000, they realized $179,480 from the sale.
 
By the time the seller finally reached a marketable price after having listing it too high, the sold to list ratio improved to 97.07%, and the net sold to list price was 95.59%.

Brighton Recreation

Brighton boasts a “state-of-the-art” recreation center, many outdoor parks, walking and nature trails, a skateboard park and plenty of open space. Compared to Denver’s 556,835 2004 population, Brighton’s small town atmosphere makes it a popular bedroom community.

Brighton Shopping and Dining

Many new restaurants have opened in the last year or two as restaurant and retail centers like the 14-acre Brighton Pavilions are built.

Brighton, Colorado Zip Codes

• 80601

Brighton Hospitals and Medical Centers

• Platte Valley Medical Center

Brighton, Colorado Weather

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