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Elliman Report: Long Island Sales 3Q 2019

Listing inventory continued to rise but appeared to have little impact on price and sales trend growth. Market-wide median sales price rose 4.2% to a record of $469,000 after previously setting a record in the prior-year quarter. In addition to the overall market record, median sales price reached new highs for condos and single-family sales with the same pattern appearing with Nassau county too. While overall average sales price hasn’t reached its…

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