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Elliman Report: Delray Beach Sales 1Q 2021

The housing market saw record prices, heavy sales volume, and listing inventory falling to new lows. Byproducts of these market conditions were a rapidly moving pace and a multi-year 8.5% market share high of bidding wars. Single family sales surged 28.4% to 411 from the yearago quarter to the third-highest on record, as listing inventory plunged 70.3% to a record low…

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