Shrewsbury: Where Does Your Town Rank In Home Prices?

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Coldwell Banker released their average home price report. Photo Credit: Jennifer Paluzzi (file photo)

GRAFTON, Mass. -- First, the good news, then the bad news.

Coldwell Banker, the oldest franchised residential real estate network in North America, released its 2012 report on the ranking of average home listing prices in Massachusetts and the United States.

The good news is that compared to many communities in the area, Northborough, Shrewsbury, Grafton and Millbury comparatively were a bargain.

The average listing price of a four-bedroom, two-bathroom home in Northborough is just more than $533,000, Shrewsbury is around $506,000, Grafton is $437,000, and Millbury is a little more than $304,000.

The numbers compiled by the real estate firm is a snapshot only, according to its press release. 

The most expensive in the Bay State are Weston at more than $1.1 million, Wellesley at about $966,000 and Dover at around $900,000. 

Nationwide, according to the real estate franchise, this  report analyzes more than 72,000 home listings in more than 2,500 U.S. markets, comparing the listing prices of similar homes in markets across the country from January 2012 to June 2012.

Do you want to hear the bad news? 

The average listing price of a four-bedroom, two-bathroom home in Massachusetts is the second most expensive in America at $489,063, second only to the paradise state of Hawaii ($742,551) and ahead of number three California (431,625) even with the pricey cities of Los Altos and Newport Beach calculated. 

For more details on this report, visit the Coldwell Banker website.  

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Comments (4)

Liberal:

I too live in Millbury madman, my comment was not in response to yours, it was to the article. But take a look at those numbers, compared to the other towns we are a virtual slum. I'm going to become a rich conservative, change my name to Biff, and pay no taxes so that I can afford to move to one of those more affluent towns. You can join me, Biff and madman from Wellesley.

Liberal:

So what you're telling me is that Millbury is a ghetto.

madman:

I live in Millbury and work in Grafton. Millbury was never mentioned in my comment. Why do you think my home town is a ghetto ??

madman:

Thats some impressive numbers, but if you live in North Grafton or the center and the railroad gets it way, kiss those numbers good bye.

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