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Elliman Report: Riverdale Sales 3Q 2021

Low mortgage rates, rapid vaccine adoption, and pent-up demand fueled large gains in price trend indicators and sales from the previous year and the same period in 2019. Median sales price rose 22.3% to $366,825, and average sales price increased 44.8% to $611,064 respectively from the same period a year ago. Part of the gain in price trends was attributed to the rise in average sales…

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