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Elliman Report: Palm Beach Sales 1Q 2016

Palm Beach housing prices set new records in the first quarter of 2016, although the pace of the market cooled as inventory expanded. The average sales price of a single family sale surged 70% to $7,923,021 to the highest level in a decade. Average price per square foot of a single family sale showed a similar pattern, rising 37.1% to $1,588 to set a new record over the same period…

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