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Elliman Report: Riverdale Sales 3Q 2020

After the COVID lockdown last spring and the subsequent opening of the market, listing inventory rose, and sales remained below year-ago levels, much like the region. Listing inventory grew 19.6% to 177 from the prior-year quarter, reaching its highest level in three years. After the lockdown, the quarter’s closings were 71, 48.2% below the year-ago level for the largest decline in more than nine years. Market activity continues…

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