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Top 10 priciest, cheapest college real estate markets

Average list price below $200K in nearly two-thirds of markets

Western states dominated a list of the 10 most expensive college real estate markets, while Midwestern states led among the 10 least expensive college markets, according to a report released last week from global franchise company Coldwell Banker Real Estate. Coldwell Banker's College Home Listing Report considered the average listing prices for three-bedroom, two-bathroom homes listed for sale on coldwellbanker.com between August 2010 and August 2011 in 117 college towns nationwide. In nearly two-thirds of the markets (76), such homes were listed for less than $200,000 on average during the time period examined, while in over a fifth of markets (26), such homes asked for less than $150,000 on average. "Our report underscores the homeownership opportunities in many of these vibrant, affordable communities that are known for their high energy, educational systems and often stable job markets," said Jim Gillespie, the company's CEO, in a statement. Memphis, Tenn., home of ...

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