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Elliman Report: Brooklyn Sales 4Q 2018

Median sales price rose 1.9% to $785,000, and average sales price increased 5.2% to $998,050 respectively from the year-ago quarter. After pushing through the $1 million and $800 thousand thresholds respectively in the prior quarter, both average and median sales fell short in the current quarter. Despite the decline from the preceding quarter records, the average sales price was the second highest in history. The median sales price for 1-3 family sales market rose 13.6% to a record…

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