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Elliman Report: Miami Beach + Barrier Islands Sales 4Q 2016

The final quarter of the 2016 Miami Beach housing market was characterized by mixed housing prices trends as well as lower sales volume skewed towards the entry and middle markets. Median sales price increased 5.3% to $395,000 from the year ago quarter, but by property type, the trends varied. Condo median sales price increased 8.9% to $359,500 while single-family median sales price declined 3.4% to $1,550,000 respectively over the same period…

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