Million-Dollar Real Estate In Central Massachusetts
List of priciest sales shows the well-heeled aren’t immune from foreclosure
Even with the housing market crashing down, our list of the largest single-family home sales shows that plenty of people were willing to shell out a couple of million dollars for homes in Central Massachusetts last year.
But the biggest sale on the list demonstrates that foreclosures aren’t just an issue for low-end or multi-family homes. The top transaction on the list, a $3 million sale of a six-bedroom Natick home, actually represents a foreclosure.
Citimortgage Inc. foreclosed on the Natick colonial that tops the list in January and paid itself $3.07 million for the deed. In October, the bank resold the property for just $1.6 million.
Gold County
High-end homes were mainly concentrated in the MetroWest area. Of 157 Central Massachusetts homes that sold for at least $1 million, 123 of them were in Middlesex County, 28 in Worcester County and six in Norfolk County.
Foreclosure notwithstanding, Natick was well-represented among the priciest sales, with 15 homes selling for $1 million or more. The other communities with the most million-dollar-plus sales were Sudbury with 38 houses, Wayland with 27 and Hopkinton with 17.
Worcester County’s biggest sales were mostly to the east, but the most expensive sale in the county was at the southern border: a Douglas 1997 contemporary-style three-bedroom that went for an even $2 million. There were nine sales that topped $1 million in Southborough, six total between Bolton and Harvard, and a total of four million-dollar sales in Westborough and Northborough.
The city of Worcester doesn’t make an appearance on the list until number 202, a 1910 three-bedroom colonial on Salisbury Lane that sold for $950,000. Neighboring Shrewsbury is a different story, though, with six homes above $1 million.
Most of the million-dollar-plus homes are relatively modern, dating from the past two decades, but there were a few houses with plenty of history. An Acton home built in 1731 sold for $1.7 million, and an 1891 Groton Cape Cod and a 1904 Sudbury conventional were both in the top 10, at $2.1 and $2.26 million, respectively.
Click here to view the Top Home Sales List
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