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Elliman Report: Fort Lauderdale Sales 1Q 2016

Fort Lauderdale housing price trends remained mixed as inventory expanded. The median sales price of a condo edged up 1.8% to $261,500 while the average sales price slipped 1.5% to $361,674 respectively from the prior year quarter. Single family price trend indicators were also mixed as median sales price slipped 3.4% to $285,000 and the average sales price increased 6.7% to $597,890 over the same period…

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