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Elliman Report: Wellington Sales 1Q 2017

Overall price trend indicators across Wellington property types moved higher. Smaller sized sales skewed luxury median sales price lower. Single-family median sales price increased 3.7% to $375,000 and condo median sales price rose 9.3% to $218,450 respectively from the prior year quarter. Price trend indicators in the luxury market, representing the top 10% of all sales, showed mixed results due to the decline in average square footage of a luxury sale…

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