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Elliman Report: Manalapan, Hypoluxo Island & Ocean Ridge Sales 3Q 2019

The markets across the region pivoted to more substantial sized sales, significantly skewing their price trend indicators higher. Sales in three single-family markets averaged 6,325 square feet, up 48.6% above the yearago level. Each single-family submarket showed light sales activity, down overall, by 37.5% to 10 from the year-ago quarter. Listing inventory for the single-family market fell…

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