Report: Detroit-area home sales are up

Realcomp reports Metro Detroit home sales were up in 2011

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DETROIT - Detroit may be becoming a sellers' market.

According to Realcomp, more than 51,000 houses and condominiums were sold in 2011, more than 2010.

However, the region ended the year with a slight loss in home prices.

The median home price finished at more than $66,000, down 1.4 percent from 2010.

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