DETROIT
02/28/2012 09:28 am ET | Updated Apr 29, 2012

Metro Detroit Home Buyers Set Sights On The Upper End

Most homes sold in Metro Detroit last year went for under $250,000, but the greatest sales growth was among more expensive, upscale houses that would have commanded even higher prices before the housing meltdown.

Sales of all existing condominiums and homes in Macomb, Oakland and Wayne counties grew 2.2 percent in 2011 compared with 2010, according to Realcomp II Ltd., the Farmington Hills multiple listing service.

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