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Elliman Report: Queens Sales 3Q 2020

Like most of the region, the state-mandated lockdown for COVID resulted in a large decline Median in sales Sales levels Price but a limited impact on price trends. There were 2,033 sales, down 40.5% from the prior-year quarter for the second-largest decline, after the previous quarter, in more than nine years. Listing inventory reached the highest level in seven years of tracking, up 3.4% to 6,232 from the…

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