Neighborhood of Tollgate Crossing Aurora CO - Market Update November 2019

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 were 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 & Antero 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 retail outlets 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 and Antero Homes.

 

Tollgate Crossing Home for sale

 

Today let's take a look at how the market has fared in November 2019.  We saw a dip in sales, showing 3 fewer sales from last month, and showed a decrease (of five) from one year ago.  (2018 saw 7 sales this month)     Also with a lot of new construction available, buyers are opting for the new build versus a resale home.  Who doesn't love the wonderful smell of a brand new home?

  

Sales - November 2019

                                               

 Total Sold -                                    2 ranging in price from $457,500 to $513,000

 Days on Market -                           10 days   (last month saw 50 days)   

 Average Sales Price -                     $485,250  (last month was $450,000)

 Sales Price to Sold Price -            98.06% (last month was 98.79%)                    

                                                                    

 

This home is under contract - photo courtesy of REColorado

 

  

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

  Homes for sale in Tollgate Crossing

Actives - 1 priced at $425,000  

 Days on Market - 72 days

This home was built in 2005 

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 - 8 ranging from $395,000 to $509,900

Current average days on market for homes under contract are 92 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 has shifted a bit, and now seeing homes on the market longer than we have for the past several years.  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.

 

 

 

 

 

 

 

 

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Rainmaker
3,313,834
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Joan... interesting that people are opting for new construction versus resale homes in Tollgate Crossing... in many of our new communities the cost of the newly constructed home is so much higher than for a resale, resale remains in high demand.

Dec 29, 2019 07:28 AM #1
Rainmaker
3,506,459
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan - I imagine those pocket parks located in Tollgate Crossing enhances the appeal of this Aurora CO neighborhood.

Dec 29, 2019 09:07 AM #2
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina Hollander we are still seeing many buyers preferring new construction even though the homes are $50k+ more than resale homes.  They get to choose colors, flooring, kitchen, etc.   

Dec 29, 2019 09:47 AM #3
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, sometimes the pocket parks make up for smaller lots.

Dec 29, 2019 09:47 AM #4
Rainmaker
5,616,874
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local real estate reports.

Dec 29, 2019 01:16 PM #5
Rainmaker
4,230,586
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! 

Dec 30, 2019 09:51 AM #6
Rainer
534,275
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 01, 2020 03:14 AM #7
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Sally.

Jan 12, 2020 10:31 AM #8
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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