Some interesting data from 2013's Loft Sales in the South End.:
- Even though there was overall lower inventory than previous years across the condo market, the South End sold more lofts in 2013 than in 2012
- Average Price Per Square Foot jumped from $554 in 2012 to $622 in 2013
- Average Price Per Square Foot in the South End was 14% higher than rest of the Boston Loft market
- Days on Market plummeted from 85 days in 2012 to only 35 days in 2013
2013 LOFT SALES
South End: Number of Lofts Sold: 80 Average List Price: $672,674 Average Sale Price: $670,405 Average Days on Market: 35 Average Price Per Square Foot: $622 Most Expensive Loft SOLD: $1,653,000 Least Expensive Loft SOLD: $195,000
Boston (includes all neighborhoods): Number of Lofts Sold: 359 Average List Price: $618,741 Average Sale Price: $609,613 Average Days on Market: 46 Average Price Per Square Foot: $538 Most Expensive Loft SOLD: $4,150,000 Least Expensive Loft SOLD: $186,000
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2012 LOFT SALES
South End: Number of Lofts Sold: 67 Average List Price: $655,573 Average Sale Price: $643,267 Average Days on Market: 85 Average Price Per Square Foot: $554 Most Expensive Loft SOLD: $2,495,500 Least Expensive Loft SOLD: $165,000
Boston (includes all neighborhoods): Number of Lofts Sold: 350 Average List Price: $580,297 Average Sale Price: $561,326 Average Days on Market: 93 Average Price Per Square Foot: $480 Most Expensive Loft SOLD: $2,560,000 Least Expensive Loft SOLD: $105,000
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2011 LOFT SALES
South End: Number of Lofts Sold: 89 Average List Price: $659,337 Average Sale Price: $644,941 Average Days on Market: 88 Average Price Per Square Foot: $553 Most Expensive Loft SOLD: $1,890,000 Least Expensive Loft SOLD: $257,000
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
*All information gathered from MLS
For more information regarding South End Loft Market, please contact: Paul Santucci, 617-694-0004, paul@bostonlofts.com
The Most Expensive Loft Sold in the South End in 2013: $1,653,000 for a 2123 Square Foot 3 Bedroom, 2 Bath.
