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Elliman Report: North Fork Sales 3Q 2018

Despite reaching a price record, North Fork sales activity slowed from year-ago levels. Median sales price rose 12.5% to a record $619,000 from the year-ago quarter in the twelve years this metric was captured. Average sales price surged 23.1% to $850,514 over the same period. Luxury price trend indicators, representing the top 10% of all sales in the quarter showed more substantial increases than the overall market. Luxury median…

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