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Elliman Report: Miami Beach + Barrier Islands Sales 3Q 2020

The overall number of condo and single family sales pressed 16.5% higher than the five year quarterly average of 802. There were 934 sales to close, up 9.9% from the prioryear quarter, and up 86.4% from the prior quarter as the COVID lockdown restrained spring market activity. Condo listing inventory rose year over year for the second straight quarter, up 4.9% to 5,744. Luxury condo listing inventory, representing the top…

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