DETROIT (WWJ) – New data shows that the Metro Detroit real estate market has been on a roll since 2010.

People who are selling their homes are getting more money for them and not waiting as long to sell them.

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The latest report from Realcomp shows the median sale prices of homes in December jumped to $132,000. Up from $118,000 in November – an 88 percent jump between 2010 and 2014.
Homes for sale are staying the market for just under two months.

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The report also shows the number of sales in December dropped slightly.

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Genesee County, the Detroit area, and the Grosse Pointes each saw a jump in last month’s median sale price by more than 20 percent, compared to December 2013.