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Elliman Report: Los Angeles Sales 4Q 2020

The shift to larger sized sales continued. The average square footage of a sale that closed in the final quarter of 2020 was a record 2,445 square feet, up 1.8% from the prior year quarter. This skew has helped press price trends higher. Median sales price rose 9.6% year over year to $1,655,000, the second…

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