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Elliman Report: Coral Gables Sales 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 47.5% to a record $1,935,488, and median sales price jumped 31.9% to a record $1,175,000, respectively, from the prioryear quarter. These records were made possible…

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Housing Notes by Jonathan Miller

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