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Elliman Report: Boca Raton 4Q 2020

Record low mortgage rates and chronically low inventory kept market conditions tight. The single family market continued to see significant year over year sales growth and large gains in the price trend indicators. The single family average sales price surged 43.9% to a record $1,083,661, and median sales price jumped 14.7% to a record $545,000 respectively from the prior-year quarter…

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Housing Notes by Jonathan Miller

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