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Elliman Report: Miami Coastal Mainland Sales 1Q 2021

The market saw record prices, a shift to larger-sized sales, heavy sales volume, and listing inventory falling to new lows. Condo sales surged 13% to 1,950 from the year-ago quarter as listing inventory plunged 27.1% to 5,231 over the same period. As a result, the pace of the condo market accelerated. The average months of supply, a measure…

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