STANDARD BLADE B R I G H T O N
SERVING THE COMMUNITY SINCE 1903
75cI
VOLUME 120
Issue 08
WEEK OF FEBRUARY 23, 2023
Metro Denver median home prices finally dropped After 2 years of growth BY TAMARA CHUANG THE COLORADO SUN
For the first time in recent memory, the median price of a house in metro Denver is less than it was a year ago.
And for some who make a living selling houses, there’s a sense of relief. “Every single month in 2021 and the first half of 2022, everybody in our (real estate) community went, ‘Oh my goodness. How much more can this go? What will buyers put up with?’ I mean having to pay a penny over the appraised value is just bon-
kers to me,” said Matt Leprino, CEO of Denver-based real estate brokerage Remingo. Now, he said, “It’s calm, it’s a very tepid pool right now. It’s not increasing. It’s not going crazy. Days on market are up. But they’re up from historic lows. The majority of phone calls we get right now are … ‘Can I jump in right now?’”
New data for January from the Colorado Association of Realtors has median home prices flattening statewide. Houses are taking twice as long — sometimes three times longer — to sell compared to a year ago. But that’s not very long. In the seven-county metro Denver area, SEE PRICES, P7
Youth to benefit from Broncos sale Council shares Stadium district rebate with 27J, parks BY SCOTT TAYLOR STAYLOR@COLORADOCOMMUNITYMEDIA.COM
Brighton’s 285-pound wrestler, Dylan BravoPacker, lifts his opponent, Adrian Arellano of Pomona High School, during the class 5A state-championship match, Feb. 18 at Ball Arena. BravoPacker pinned Arellano to win the state title. See story on Page 8. PHOTO BY JONATHAN MANESS
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2 • High speed internet 5 provider begins work in 6 Brigthon 12 14
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SPORTS • Eagle Ridge player specializes in stealing
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Brighton Schools and parks will see the biggest benefit from the city’s Denver Broncos sale windfall, councilors agreed Feb. 14. Councilors reviewed a plan to give $150,000 to the 27J school district and also reviewed improvements to three city parks —including a new playground at the Brighton Recreation Center that will be paid with Broncos sale money. “That is money that can be used specifically for youth programs, and even more specifically for one-time programs,” Budget and Performance Manager Kayla BarberPerrotta told councilors. “They want the bulk of this money to be spent in 2023. This is not an ongoing revenue source.” The Metropolitan Football Stadium District announced in October that it would distribute more SEE SALE, P3
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