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Elliman Report: Wellington Sales 4Q 2019

Across the market the number of sales declined year over year, as did listing inventory. Listing inventory for condos fell 23.8% to 96 and listing inventory for single-family properties fell 22.3% to 442, respectively, from the prior-year quarter. The number of sales followed the same pattern with condo sales falling 26.2% to 62 and singlefamily sales declining 14.1% to 213 respectively over the same period. As a result, the market pace for each market was different. Months of supply, the number of months to sell all condo listings at the current rate of condo sales, slowed…

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