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Elliman Report: Brooklyn Sales 4Q 2020

Despite the COVID lockdown last spring and the ongoing pandemic, Brooklyn housing price trends were generally not impacted despite the decline in sales over the prior two quarters. Average and median sales price rose to new records, consistent with the regular frequency of records or near records achieved over the past five years. The median sales price posted a large 9.4% gain to a record $875,000 from the same…

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