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Elliman Report: Boca Raton 3Q 2020

The quarter’s key characteristic was the sharp rise in sales after the COVID lockdown restrained spring market activity. The number of condo sales surged 15.2% to 862, and single family sales jumped 24.5% to 874, respectively, from the prior-year quarter. Listing inventory trends continued to vary by property type. The number of condo listings increased 7.2% year over year as many sellers returned their listings to the market after the lockdown. Single family listings dropped 37.3% to…

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