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Elliman Report: North Fork Sales 1Q 2014

…The North Fork housing market showed a resurgence in higher-end sales activity as compared to the limited activity seen last year immediately following the expiration of the “fiscal cliff.” Housing prices were mixed as sales increased faster than inventory. Median sales price fell 7% to $436,000 from the prior year quarter. The high-end market activity returned, skewing average sales price up 52.3% to $812,331 from the prior year quarter…

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