Seems like everyone wants a piece of #NewDetroit. A report released today by Realcomp II Ltd. shows that residential properties in Detroit are selling faster, and at higher prices.
Median sale prices climbed 5.7% from $175,000 to $185,000, year-over-year between July 2016 and July 2017. Home sales also took only 27 days in July — down 25% from the 36-day average in July 2016.
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