The Market Today …

Last year presented an interesting set of real estate statistics. The year started with a burst of activity and regional housing prices peaked in June then softened slightly (but only but about 1.5%) by December.

By the end of December, we had reached “balance” and, looking back, we see that some areas – and some price points – fared better than others.

In general, higher-priced detached houses saw more sales and more price appreciation in 2011 than mid- or lower-priced properties.

Darlene