Somerville, Cambridge, Boston Lofts Sales Data

Heres a quick snapshot of whats been sold in the Somerville, Cambridge and Boston Lofts Market from January to October, 2011. I use the sold data instead of whats actively on the market due to the fact that only sold data can accurately portray the market accurately. All information is a reflection of MLS data: January 2011 October 2011 Sales: Somerville: Number of Lofts Sold: 28 Average List Price: $512,000 Average Sale Price: $496,000 Average Days on Market: 111 Average Price Per Square Foot: $363 Most Expensive Loft SOLD: $1,180,000 Least Expensive Loft SOLD: $310,000 Cambridge: Number of Lofts Sold: 40 Average List Price: $548,000 Average Sale Price: $539,000 Average Days on Market: 57 Average Price Per Square Foot: $446 Most Expensive Loft SOLD: $960,000 Least Expensive Loft SOLD: $305,000 Boston (includes all neighborhoods): Number of Lofts Sold: 223 Average List Price: $572,000 Average Sale Price: $552,000 Average Days on Market: 117 Average Price Per Square Foot: $482 Most Expensive Loft SOLD: $135,000 Least Expensive Loft SOLD: $2,145,000 For more details, I can be reached at Paul@somervillelofts.com or 617-694-0004