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Elliman Report: Brooklyn Sales 3Q 2019

Price trend indicators and the number of sales declined as listing inventory expanded. Median sales price drifted 2.2% lower to $790,000 from the prior-year quarter but was at its third-highest level on record. The average sales price declined by 7.1% to $977,259 over the same period. The prior year quarterly average sales price of $1,051,999 was the record high. The market share of sales that sold above the last asking…

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