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Metro home sales up, but prices plunge | Freep.com | Detroit Free Press

Obsidian Wings found this 10/15/2008 on freep.com

Driven down by sales of foreclosed homes, median sale prices fell 34% in metro Detroit in September compared with a year ago, dipping below $10,000 in the city of Detroit. The median price on a house or condo sold in Detroit last month plummeted 57%, to $9,250, from $21,250 a year ago, according ...