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Elliman Report: Putnam & Dutchess Sales 1Q 2023

Median sales price slipped 4.4% annually to $430,000, 31.3% above the pre-pandemic level. Average sales price declined 3.8% year over year to $473,039 and 30.7% above prepandemic levels. The number of sales was 204, down 31.8% annually and 17.7% below prepandemic levels. Sales remained restrained by the doubling of mortgage rates over the…

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