Market Update - Tollgate Crossing - Aurora, CO 80016 November 2015

Market Update - Tollgate Crossing - Aurora, CO  80016  November 2015

Tollgate Crossing is a beautiful DR Horton neighborhood of single family homes 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 2004-2015.   This neighborhood is located in the Cherry Creek School District.

Today let's take a look at how the market has fared in November 2015.      Sales showed a good increase over last year's sales in 2014.   (October 2014 saw 4 sales)  Home values in this neighborhood has seen nice increases.  2015 has experienced strong sales, and now seeing a normal seasonal slowdown.   As the snow continues to fly and with the Holidays, it will slow down a bit more.

Sales - November 2015

 Total Sold -                                       7 ranging in price from $300,000 to $417,500

 Days on Market -                           20 days   (October had 16 days)    

 Average Sales Price -                     $363,321  (increase from $348,471 last month)

 Sales Price to Sold Price -            99.54% (down from 100% last month)                    

    ** photo courtesy of REColorado

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

Actives - 16 ranging from $367,065 to $515,396

 Days on Market - 231 days and homes were built from 2005 to 2016

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 - 9 ranging from $325,000 to $500,000

Current average days on market for homes under contract are 37 days

BUYERS - If you have always wanted to live in Tollgate Crossing - check out the current homes for sale in Tollgate Crossing, and call me to start the search.  You could be in your new home to plant your spring garden.

 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.