2014 Coldwell Banker Bracket of Affordability

The pinnacle of college basketball glory is finally here. Welcome to March Madness. Selection Sunday is complete and now we are left sharpening our pencils and doing more college homework than we actually did in college in order study up for the annual NCAA Tournament.

As we’ve done in the past, Coldwell Banker took a look at how the 2014 NCAA Tournament bracket would play it were it based solely on the affordability of the college towns in which the 68 tournament teams reside. If you think the actual tourney has plenty of upsets, our 2014 Coldwell Banker Bracket of Affordability is chock full of ‘em.

The rules for our bracket are simple. The median sales price of homes in the college markets are pitted against each other with the more affordable town moving to the next round. So who is this year’s Coldwell Banker Bracket of Affordability champion? Turns out it’s a school in one of the hottest towns for college basketball. It’s Dayton.

The median sales price for the home of the Flyers, Dayton, OH, is just $53,000. Rounding out the final four is Mercer, Michigan State and the lone #1 seed to make it to the Final Four, Arizona.

Click the image below to see how the entire Coldwell Banker Bracket of Affordability played out and enjoy the madness that is March!

2014 bracket blog 2014 Coldwell Banker Bracket of Affordability

The post 2014 Coldwell Banker Bracket of Affordability appeared first on Coldwell Banker Blue Matter.

2013 Coldwell Banker Bracket of Affordability

Let the madness begin. March Madness is here and brackets are being filled out across the country. This year the NCAA tournament is wide open as no school is a clear favorite.

As you struggle with which 5 seed will lose to a 12 (it’s UNLV losing to Cal…trust me Allen Crabbe is a stud), we wanted to share with you our annual Coldwell Banker Bracket of Affordability. Each year we fill out the NCAA Tournament bracket using the median sales price of homes in the towns of each school that’s part of the tournament field.

So according to median sales price on coldwellbanker.com it looks as if the Spartans of Michigan State are our pick to win it all. Not an outrageous pick if you ask me as Tom Izzo always has his teams ready to play in March. The Spartans of Lansing, MI were able to beat out the Syracuse Orangemen of Syracuse, NY by a median sales price of $62,000 to $75,000. Rounding out the Final Four is Notre Dame of South Bend, IN ($76,724) and the surprise Cinderella, Western Kentucky of Bowling Green, KY ($76,000).

The most expensive college is St. Mary’s from Moraga, CA which had a median sales price of $900,000. The most expensive conference? The PAC-12 thanks to the likes of UCLA, Cal (Berkley), and Colorado (Boulder).

We’ll keep tabs on how well our bracket performs throughout the course of the NCAA Tournament and compare it to my personal bracket where I actually have Indiana winning it all.

Click the image below to download the full size 2013 Coldwell Banker Bracket of Affordability and let us know who you think is going to win it all.

2013 bracket blog 2013 Coldwell Banker Bracket of Affordability

2012 Coldwell Banker Bracket of Affordability

March Madness is back and so is the 2012 version of the Coldwell Banker Bracket of Affordability. For the last few year we’ve filled out our bracket based on which schools have the most affordable housing market based on median sales price. Some years we do better than others, but this year our champion has a fighting shot.

Michigan State, which resides in East Lansing, Michigan, is our champion and represents the most affordable market in the field of 68. Actually Michigan is well represented as Detroit is the runner up. Notre Dame and Syracuse make up the other two members of our Final Four.

As we filled out our brackets, we decided to take a look at how many Coldwell Banker listings are also in the college basketball spirit. Here’s what we found:

  • 1,874 of the current listings on coldwellbanker.com have basketball in the description
  • 13 homes for sale reside on Duke Street, but not a single listing has the phrase “Tar Heel” in it
  • 46 detail pages reference the term “hoops”
  • Sadly, there are no Coldwell Banker listings in Brackettville, TX
  • Eagle & Tiger are the two most popular mascots in NCAA basketball and 1,035 properties on coldwellbanker.com make reference to “eagle” while only 158 refer to “tiger.”
  • And finally, 730 homes for sale promote the fact that they contain a “man cave,” the perfect room for any hoops fan.

You can download a PDF version of the 2012 Coldwell Banker Bracket of Affordability here. Best of luck to your favorite college team and enjoy the madness that is March!

 

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