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Elliman Report: Putnam & Dutchess Sales 2Q 2019

The number of sales rose faster than inventory as median sales price continued its multi-year streak of increases. There were 256 sales in the second quarter, up 16.4% from the prior year quarter for the third increase in the past four quarters. Over the same period, listing inventory increased 14.1% to 671 for the third increase in the past four quarters. Because sales rose faster than listing inventory, the pace of the market accelerated slightly. The months…

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