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Elliman Report: Manalapan, Hypoluxo Island & Ocean Ridge Sales 2Q 2022

The region’s single family median sales price slipped 6.9% annually to $2,600,000, the second decline in six quarters and 100% above pre-pandemic levels. The decline in price trend indicators was largely due to a 26% decline in average sales size to 4,855 square feet. Single family sales fell by…

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