Somerville, Cambridge & Boston Loft Market 2011 Snapshot

Here is the Loft Market Sales Data for 2011 for Somerville, Cambridge and Boston (all neighborhoods). All data was researched on MLS: Somerville: Number of Lofts Sold: 34 Average List Price: $518,000 Average Sale Price: $504,000 Average Days on Market: 121 Average Price Per Square Foot: $372 Most Expensive Loft SOLD: $1,180,000 Least Expensive Loft SOLD: $309,000 Cambridge: Number of Lofts Sold: 48 Average List Price: $559,000 Average Sale Price: $547,000 Average Days on Market: 85 Average Price Per Square Foot: $446 Most Expensive Loft SOLD: $1,700,000 Least Expensive Loft SOLD: $264,000 Boston (includes all neighborhoods): Number of Lofts Sold: 280 Average List Price: $583,000 Average Sale Price: $563,000 Average Days on Market: 115 Average Price Per Square Foot: $480 Most Expensive Loft SOLD: $2,145,000 Least Expensive Loft SOLD: $120,000