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Elliman Report: Riverdale Sales 4Q 2020

After the COVID lockdown, the market plowed ahead, with average and median sales price rising to new records while supply declined. Median sales price rose 7.7% year over year to arrive at a record of $365,000. Average sales price followed a similar pattern, showing a large increase of 17.7% to $520,352, from the year-ago quarter, just shy of a new record. The luxury median sales…

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