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Elliman Report: Brooklyn Sales 4Q 2013

…The Brooklyn housing market showed more of the same pattern to finish out 2013: rising prices, falling inventory and rising sales. Median sales price rose 11.2% to an 11-year record of $570,110 from the prior year quarter. Average sales price expanded 12.2% to $688,334, the highest fourth quarter average sales price in the 11 years this metric has been tracked. Year-todate median and average sales price showed similar gains of 12.5% and 13.4% respectively…

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