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Elliman Report: North Fork Sales 2Q 2015

Median sales price of the North Fork housing market increased year-over-year for the fifth consecutive quarter and sales expanded for the fourth consecutive quarter. Median sales price increased 8.4% to $517,400 from the prior year quarter. Average sales price decreased 11% to $629,943 over the same period as a result of the decline in higher end sales. This was seen in the large declines in the luxury price indicators…

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