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Elliman Report: Fort Lauderdale Sales 4Q 2016

The Fort Lauderdale housing market was characterized by rising median sales price, higher single-family sales and more inventory. Condo median sales price jumped 12.5% to $287,325 and single-family median sales price rose 9.7% to $340,000 respectively from the prior year quarter. Median sales price increased 3.8% for both luxury condo and luxury single family sales over the same period. The luxury market represented the top 10% of all sales…

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