Tag Archives: Detroit home sales up 2.2% in 2011

Home and condo sales for metropolitan Detroit inched up 2.2% in 2011 as the second half made up for a slow first six months, according to local multiple listing service Realcomp. Sales last year rose by about 1,000 to a total of 51,531 homes and condos over 2010 figures. The city of Detroit, however, saw home sales decline 8.4% to 6,457 in 2011. The average median sales price for metro Detroit also dipped, nearly $1,000 to $66,896, from the year prior as prices ticked up 0.6% to $9,568 in the […]