For residents of Natick, the town's proximity to Boston, and many of the tony western suburbs, makes it a prime location and top pick...
The Boston Globe summarizes the TOP PLACES TO LIVE, in its recent issue of Globe Magazine. And as many of us who live here know, Natick is a super place for a number of reasons:
Greater Boston’s 12 Top Spots To Live
Though single-family home prices declined since the peak of the market, the town’s real estate picture is looking brighter, says John Prescott, a vice president with Century 21 Commonwealth in Wellesley and a Natick resident.
“I’ve been in the business 16 years,” he says, “and inventory is at close to the lowest numbers I’ve ever seen.”
Low inventory, of course, drives up prices.
According to the Warren Group, the median price declined by only about half a percentage point between 2008 and 2009, and sales in December 2009 were 50 percent higher than in December 2008.
“Natick is the first affordable town when you head west out of the city,” Prescott says. “And we’re surrounded by Weston, Wellesley, Dover, Sherborn, and Wayland” – all considerably pricier communities.”
Natick students have good MCAS scores, and the town has something for everyone, from miles of walking trails to the upscale Natick Collection shopping mall (which also features condos) to a quaint downtown filled with stately brick commercial buildings.
“We do have high-end housing,” says Prescott, “but the average house is $450,000, $500,000. It’s still a lot of money, but it’s more affordable than a lot of similar towns with similar amenities.”
Change since market peak in 2005: -9%
Median condo price in 2009: $310,000
Change since market peak in 2005: +29%
Residential tax rate:$11.67
- By Elizabeth Gehrman, the Globe Magazine
– courtesy of Boston Globe Magazine, March 14, 2010
Many thanks to Elizabeth Gehrman and the Boston Globe!
Greater Boston's 12 top spots to live - Boston.com http://bit.ly/bBFezA
Real Estate in NATICK Exhibited Resilience and Stability for 2009 « http://bit.ly/5o8BeY
2009 Natick MCAS Performance Data http://bit.ly/9iBD1p
Top Real Estate Agent for more than 14 years, serving the real estate needs of Wellesley, South Natick, Weston, Needham, Wayland, Newton, Framingham and other MetWest communities. www.johnprescott.net
Century 21 Commonwealth
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