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Elliman Report: Boca Raton 1Q 2021

The Boca Raton housing market saw record prices, heavy sales volume, and listing inventory falling to new lows. Byproducts of these market conditions were a rapidly moving pace and a multi-year 11.7% market share high of bidding wars. Condo sales surged 47.1% to 968 from the year-ago quarter as listing inventory plunged 36.9% to a record low of 838 over the same period…

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