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Elliman Report: Royal Palm/Boca Raton 1Q 2023

All price trend indicators rose sharply year over year and remained well above prepandemic levels. The average price per square foot jumped 28.8% annually to $1,465, the third-highest on record, and 58.9% above pre-pandemic levels. The number of sales declined 27.3% annually to 8, but it was the first time sales rose after three straight…

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