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Elliman Report: Riverdale Sales 2Q 2019

The trend of rising prices and listing inventory continued as sales cooled. All three price trend indicators increased year over year for the fourth straight quarter. Median sales price increased 1.1% to $313,500 from the prior year quarter, the fifth consecutive annual increase. The number of sales declined year over year for the fourth time in the past five quarters, falling 29.1% to 100 sales. This trend was consistent with the…

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