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Elliman Report: Fort Lauderdale Sales 4Q 2014

Year-over-year housing price trends in Fort Lauderdale were mixed with gains seen in the overall condo and luxury single family markets. Condo median sales price was $270,000, up 12.5% and single family median sales price was $271,250 down 2.4% respectively, from the same period last year. The luxury market reflects the top 10% of sales. Luxury condos had an entry threshold of $670,000 and a median sales price of $884,375, was down 3.1% from the prior year quarter. Luxury single family sales had an entry threshold of $1,135,000 and a median sales price of $1,990,000, increased 13.3% from the prior year quarter…

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