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Elliman Report: Boca Raton 2Q 2018

The Boca Raton housing market was characterized by rising prices and a faster market pace. Across the overall market, price trend indicators for condos and single family houses moved higher than their year-ago levels. Median sales price for condos rose 6.3% to $220,000 and median sales price for single families increased 5.9% to $457,500. Average sales price and average price per square foot followed the same pattern. The luxury condo market, representing the top 10% of all condo…

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