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Elliman Report: Boca Raton Sales 4Q 2016

The Boca Raton condo market outperformed the single-family market in the final quarter of 2016. Condo price trend indicators showed double-digit gains and there were more sales. Condo median sales price jumped 13.9% to $205,009 and luxury median sales price shifted 69.2% to $1,100,000 respectively over the same period. Part of the rise in condo prices has been the expansion in average sales size…

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