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Elliman Report: Royal Palm/Boca Raton 3Q 2022

While all price trend indicators reached new highs in the previous quarter, they fell short in the current quarter, settling in at their second highest levels respectively. The average price per square foot was $1,318, surging 22.9% year over year but was 12.9% below the prior-year quarter and 79.1% higher than prepandemic levels. While listing inventory more…

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