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Elliman Report: Royal Palm/Boca Raton 2Q 2019

The market was characterized by rising prices, falling inventory, and more sales. Average price per square foot rose 6.7% to $713 from the same period last year. This result was consistent with the 18.8% drop in listing inventory to 65 listings at the end of the second quarter. There were 19 sales in the second quarter, 26.7% more than the year-ago…

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