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Elliman Report: Wellington Sales 1Q 2018

Overall Wellington home price trends generally moved higher as inventory expanded. The median sales price for the overall condo and singlefamily markets rose over the year-ago quarter. Median sales price for condo sales rose 4.2% to $227,625 and median sales price for single-family sales increased 10.3% to $413,500. The same price pattern was observed in the luxury market that represented the top 10% of sales prices in each property category. The luxury threshold for condos…

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