Toll Brothers (TOL) Announces That Coldwater Ridge of Northville Is Now Open in Northville, Michigan

Toll Brothers, Inc. (NYSE:TOL) is one of the Best Housing Stocks to Buy According to Hedge Funds. On September 11, the company announced that its newest community, Coldwater Ridge of Northville, is now open in Northville, Michigan. It features luxury condos possessing modern home designs providing first- and second-floor primary bedrooms. Toll Brothers, Inc. (NYSE:TOL) stated that homes are being priced from the low $500,000s.

Toll Brothers (TOL) Announces That Coldwater Ridge of Northville Is Now Open in Northville, Michigan

In Q3 2025, Toll Brothers, Inc. (NYSE:TOL)’s home sales revenues came in at $2.88 billion, reflecting a rise of 6% YoY. It delivered 2,959 homes at an average price of $974,000. Toll Brothers, Inc. (NYSE:TOL) signed 2,388 net contracts for the consideration of $2.4 billion in Q3 2025. The average sales price of new contracts amounted to $1.0 million, reflecting a 4.5% YoY increase. Toll Brothers, Inc. (NYSE:TOL) remains focused on strategically balancing price and pace to maximize profitability and returns. The company controls sufficient land to support continued community count growth over the upcoming several years, enabling it to be highly selective and disciplined in its land acquisition.

Toll Brothers, Inc. (NYSE:TOL) is the nation’s leading builder of luxury homes.

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Disclosure: None. This article is originally published at Insider Monkey.