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Condos Outpace Single-Family Homes in Sales, New Listings

Closed sales activity for single-family homes lags behind the condo market, with single-family properties marking just a 9.8% increase in sales compared to 47.7% jump for condos in November. The median prices for single-family homes and condos tied the previously set record prices at $1,050,000 and $500,000, respectively. Though single-family homes continue to move into …

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