Median price for residential lofts in as of Feb, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the loft.
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Loft Size | Feb | vs Last Month |
---|---|---|
1 bed lofts | $300,000 | -7% |
2 bed lofts | $372,450 | +46.9% |
3 bed lofts | $131,450 | N/A |
4+ bed lofts | $243,333 | -12.9% |
Over the Feb 2021, the median price for a loft in/near Detroit, MI spiked by 18.1% to 296.414 $.
The average price for a 1-bed loft went down by 7%, so the price tag starts at 300.000 $. A 2-bed loft price jumped up by 46.9%, it is now on sale for 372.450 $. The average price for 3-bed loft didn’t demonstrate any significant changes, it’s still on the market for 131.450 $. The price for 4- and more bed loft shrinked by 12.9% making it available for 243.333 $.