Published November 2, 2026 in Market Update

Shrewsbury Homes Over $1.1M Gave Up Most Often

By Annie Oakman

Real estate, Shrewsbury

I pulled every lived-in home that sold or came off the market without selling in Shrewsbury, through October 31, 2026. Then I sorted them by what they first asked. One thing stood out right away: the higher the price, the worse the odds of actually closing.

The higher the price, the harder it got to sell in Shrewsbury

In the $1.1M-and-up range, 8 homes gave up and 23 sold. That puts the give-up rate at 25.8%, nearly 1 in 4. No other range came close to that.

The $850K to $1.1M range was next at 21.9%. Seven homes gave up there, against 25 that sold. The $650K to $850K range was close behind at 19.7%, with 12 homes giving up.

The two lowest ranges told a completely different story. Under $550K, only 4 homes gave up out of 57 total, a 7% rate. The $550K to $650K range was even better: just 2 gave up out of 38, a 5.3% rate.

The number that ties it all together: the typical home that gave up first asked $849,000. The typical home that sold first asked $663,000. That is a $186,000 gap between the homes that made it and the ones that did not.

The top range lost on every measure that matters to a seller

It is not just that more homes gave up at the top. The ones that did sell got less than they first asked. The typical home in the $1.1M-and-up range sold at 98.6% of its first asking price. Every other range at or below $850K sold at 100.6% or better.

The $1,500 sq ft to $2,500 sq ft homes, which make up the bulk of the $550K to $650K range, sold at 102% of what they first asked. That is the strongest result by size in the whole market.

The $650K to $850K range is where the market started to shift. Twelve homes gave up there, the most of any single range by count. That is worth paying attention to if your home sits in that price band. A 19.7% give-up rate means roughly 1 in 5 did not make it.

The surprise is how cleanly the line falls at $650K. Below it, give-up rates are in the single digits. Above it, they jump to nearly 20% and climb from there. That is not a gradual slide. It is a real break in the market.

What sellers and buyers in Shrewsbury should each take from this

If you are selling, the price you pick is the single biggest decision you make. Homes that gave up first asked $186,000 more than homes that sold. That gap is not a coincidence. If your home could reasonably be priced anywhere near the $650K line, it is worth a real conversation about which side of that line you land on. The give-up rate nearly triples once you cross it. Right now, 13.2% of the 53 homes currently for sale have already dropped their price, with a typical cut of $50,000. Getting the price right from the start costs nothing. A price cut costs time and momentum.

If you are buying, the top of the market is worth watching. Eight homes priced at $1.1M or more gave up without selling, and some of those sellers may come back. There are 10 homes that came off the market without selling that are listed for sale again right now. Nationally, existing-home sales inched up 1.5% month over month in September 2026, but the supply of homes available nationally sits at a 4.8-month supply, according to the National Association of Realtors. In Shrewsbury, the pace is much tighter at just 1.9 months of supply, which still favors sellers overall. But at the top of the price range, buyers have more room to push back than the headline numbers suggest.