7/23/13 - Home sales continue to climb in Livingston County. Farmington Hills-based Realcomp II Limited reported that the June median sales price Livingston County was $177,450 - marking an increase of 10% from June 2012. Overall residential and condo sales rose nearly 4% locally over the year and the listing service reports that the June sales prices in Livingston and Macomb Counties were at their highest level since 2008. The number of foreclosure sales locally was down 23% while non-foreclosure sales were up nearly 12% from a year earlier. The median sale price of both was also up over the year. Across the metro Detroit area - defined by Realcomp as the four-county region of Wayne, Oakland, Macomb and Livingston Counties - prices were up more than 50% over last year, while sales slowed just slightly. Inventory was also down nearly 30% from June 2012. Realcomp reports homes were on the market for an average of 61 days before getting sold in June â five fewer days than homes sold in May. (JM)
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