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Elliman Report: Palm Beach Sales 2Q 2018

The Palm Beach housing market experienced the most sales in three years, declining inventory¬†and a shift to smaller sized condos. Condo sales surged for the second quarter in a row on a year¬†over year basis. There were 116 sales, up 26.1% from the same period a year ago. Single family sales slipped by 6.4% to 44 over the same period, but the combination of property types resulted in the most overall sales since 2015. Listing inventory continued to decline across the market…

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