Tollgate Crossing Market Update - Aurora CO 80016 October 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 October 2018.  Sales took a dip from the previous month, and sales were less this year than last year's sales.   (2017 saw 5 sales this month)    Although homes are selling, we are seeing a shift, and sales are much slower.  Also with a lot of new construction available, buyers are opting for the new build versus a resale home.

 

  

 

Sales - October 2018

                                               

 Total Sold -                                    3 ranging in price from $424,000 to $449,900

 Days on Market -                           21 days   (last month saw 29 days)   

 Average Sales Price -                     $425,000  (last month was $447,500)

 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 - 12 priced from $349,000 to $525,900 

 Days on Market - 66 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 - 11 ranging from $358,000 to $595,000

Current average days on market for homes under contract are 28 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.

 

 

 

 

 

 

 

 

Comments (16)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for keeping us up to date on what is going on in Aurora - have a great weekend.

Nov 23, 2018 02:43 PM
Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

We get a lot of back and forth between Colorado and the Phoenix/Scottsdale area.  So it's nice to stay updated on the markets in that area.  Please keep me in mind if you come across anyone interested in relocating down here.  Best wishes.

Nov 23, 2018 02:52 PM
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 

Nov 24, 2018 03:59 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Wow, Joan... homes are selling with no discount to ask... Denver market might not be as frenetic but clearly still very strong.

Nov 24, 2018 04:10 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Joan.  Thanks for the information and update for the Tollgate Crossing real estate market in Aurora CO.

Nov 24, 2018 04:59 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan - you have provided a lot of detailed information in this Tollgate Crossing post. It illustrates your real estate knowledge of the area. 

Nov 24, 2018 07:58 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Joan, this appears to still be a great place for a buyer to invest their money!

Nov 24, 2018 08:20 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lise, thanks for stopping by and commenting! 

Nov 25, 2018 08:15 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jerry Murphy, CRS, SRES I agree, but have not had anyone going to Phoenix in a while, will keep you in mind.

Nov 25, 2018 08:16 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, thank you so much!  

Nov 25, 2018 08:16 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, it is not a Buyer's market, but the Sellers are losing a bit of ground.  

Nov 25, 2018 08:17 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Gabe, and for stopping by and commenting.

Nov 25, 2018 08:17 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, I have sold many homes in this neighborhood, buyers like it.

Nov 25, 2018 08:18 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, I think it is a great neighborhood to call HOME.

Nov 25, 2018 08:18 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Tollgate Crossing home sellers will be in very good hands when they select you as their listing agent.

Nov 25, 2018 02:39 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, have sold many listings and assisted many buyers in Tollgate Crossing!

Nov 27, 2018 07:44 AM

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