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Elliman Report: Coral Gables Sales 3Q 2019

The condo market has shown consistent growth in sales over the past six quarters while the single-family year over year sales results has been choppy. However, the single-family market saw robust results overall with double-digit year over year gains in the price trend indicators despite a 2.2% decline in average sales size to 2,755 square feet. The single-family median sales price rose 11.4% to $925,000 from the prior-year quarter, the first gain of the past three quarters. The number…

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