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Elliman Report: Wellington Sales 3Q 2020

The overall number of sales pressed higher. There were 437 sales to close, up 10.1% from the prior-year quarter, and up 52.8% from the prior quarter as the COVID lockdown restrained spring market activity. Single family listing inventory fell year over year for the seventh straight quarter, down 24.9% to 328. Luxury single family listing inventory, representing the top ten percent of the market, dropped 9.3% to 194…

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