Detroit Home Sales Down Slightly, prices Up in September

Metro Detroit home sales were down slightly in September for the first time in a year, but prices continue to climb, according to figures released Monday by Farmington Hills-based Realcomp.

The good news is the median sale price of a home or condo in Metro Detroit was up in September from the same month last year by 17.3 percent. Oakland County led the way with a 28.7 percent increase, followed by Wayne County with a 14.9 percent increase and Macomb and Livingston with increases of 11.1 and 10 percent, respectively.

Realcomp defines Metro Detroit as Oakland, Wayne, Livingston and Macomb counties.

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Authored By Nicole Krawcke – See the Full Story at Patch.com

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