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Elliman Report: Brooklyn Sales 2Q 2019

The median sales price unexpectedly set a new record as sales activity rose at the high end of the market. This metric reached a new high of $815,000 in the second quarter exceeding the $800,000 threshold only the second time. This new level was 4.5% higher than the same period a year ago and the seventh record achieved in three years. Average sales price rose 4.7% to $1,030,200, the second highest level in history, and the second time the $1,000,000 threshold…

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