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Elliman Report: Boca Raton 3Q 2017

The Boca Raton condo market showed more improvement than the single-family market. Market wide, condo median sales price moved higher in both the overall and luxury markets on a year over year basis. The median sales price of a condo was $200,000, up 2% from the prior year quarter while the average sales size was essentially unchanged. Luxury condo median sales price, representing the top 10% of all sales, rose 12.5% to $900,000 with…

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