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Tollgate Crossing Market Update - Aurora CO 80016 November 2018

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

 

 

Tollgate Crossing is a beautiful neighborhood of single family homes that was started by DR Horton that is conveniently located 30 minutes outside of Downtown Denver, and is an easy commute to DIA.   You will also now find Oakwood Homes building in Tollgate Crossing.   With many pocket parks throughout the neighborhood, it's not uncommon to see neighborhood families with kids playing and enjoying the Colorado weather.  Living in Tollgate Crossing you have shopping at Southlands Mall, retail and hospitals close, but don't have the traffic you would expect in Denver.   Homes in this neighborhood were built from 2004-2019.   This neighborhood is located in the Cherry Creek School District.    You will find this neighborhood in the zip code of 80016.    Currently there are 1,024 homes, and more being built by Oakwood Homes.

 

Tollgate Crossing Home for sale

 

Today let's take a look at how the market has fared in November 2018.  Sales saw an uptick from the previous month, and sales were exactly the same this year than last year's sales.   (2017 saw 7 sales this month)    Although homes are selling, we are seeing a shift, and sales are slower.  Also with a lot of new construction available, buyers are opting for the new build versus a resale home.  Hopefully now that the Holiday are past, sales were again pick up.

 

  

 

Sales - November 2018

                                               

 Total Sold -                                    7 ranging in price from $349,900 to $600,000

 Days on Market -                           26 days   (last month saw 21 days)   

 Average Sales Price -                     $405,000  (last month was $425,000)

 Sales Price to Sold Price -            100% (last month was 100%)                    

                                       

 

                            

 

This home has been sold.

 

  

Currently you will find the following actives and under contracts in Tollgate Crossing -

  Homes for sale in Tollgate Crossing

Actives - 11 priced from $393,000 to $589,900 

 Days on Market - 59 days

These homes were built from 2004 to 2019 

The longer days on market are showing for the homes under construction (you can see the difference when looking at SOLDS or under contracts)

 Under Contracts - 6 ranging from $369,900 to $580,000

Current average days on market for homes under contract are 27 days 

 

  

 

BUYERS - If you have always wanted to live in Tollgate Crossing - check out the current homes Homes for sale in Tollgate Crossing, and call me to start the search.  

 

 SELLERS - The Denver metro area market is a strong Seller's market, and a need for more listings.   I have sold many homes where the Seller was able to see a much higher price than they ever expected.   Please visit my web site to view properties available in the Denver metro area, or how I can be effective in selling your home.

 

 

 

 

 

 

 

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(12)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Dec 26, 2018 06:30 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan... DR Horton I know and have experience with. Oakwood is not a name known here... is this a regional builder?

Dec 26, 2018 07:14 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Good morning,  Joan - an "easy commute" is an attention-getter in our market and likely a desirable feature of Tollgate Crossing. 

Dec 26, 2018 07:45 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you so much Gita! 

Dec 26, 2018 07:54 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, I do think Oakwood is building only in CO. 

Dec 26, 2018 07:54 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, thinking anywhere in the Denver metro area would have a easy commute compared to LA.

Dec 26, 2018 07:54 AM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will love your local community reports.

Dec 26, 2018 09:10 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

A bit softer pricing appears evident in Tollgate Crossing, and for first-time home buyers, that is probably a welcome sign, Joan. Wishing you a very prosperous New Year in 2019! It will be quite the ride.

Dec 26, 2018 12:20 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you Roy, you always offer continued support.

Dec 27, 2018 06:36 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents sales are very soft, and hoping now that the Holidays are over, they will pick up!   Best of luck to you too my friend.

Dec 27, 2018 06:37 AM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Tollgate Crossing appears to have a great deal to offer home buyers and I'm sure they appreciate your community reports.

Dec 27, 2018 01:22 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Joyce, I do see many views on my market reports, and Tollgate Crossing is a great community.

Dec 28, 2018 08:18 AM