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Elliman Report: North Fork Sales 3Q 2020

Record sales level and record low listing inventory, has pressed price trend indicators to record levels. The median sales price rose 11.7% to a more than fourteen-year record of $705,500 from the prior-year quarter. The average sales price jumped 17.3% to $874,929 over the same period. After excluding the luxury market or top ten percent of the market…

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