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Elliman Report: Delray Beach Sales 4Q 2016

The Delray Beach housing market experienced price growth with a modest decline in sales. The median sales price of a single family increased 12.5% to $382,500 and a condo rose 11.1% to $120,000 respectively from the prior year quarter. Price trends were generally weaker at the top of the market than the remainder of the market. Luxury median price, representing the top 10% of each property type did not keep pace with the overall market…

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