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Elliman Report: Delray Beach Sales 3Q 2017

The Delray Beach housing market continued to maintain a fast-moving sales pace as median sales price showed flat to modest growth by property type. The single-family median sales price was $378,250, virtually unchanged from the prior-year quarter. Condo median sales price was $127,500, up 6.3% over the same period. The absorption rate for single-family and condo sales, the number of months to sell on listings at the current rate of sales, was 6.4 months and 4.3 months respectively…

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