According to NAR (the National Association of Realtors), median sale prices of homes showed their strongest gain in six years (since January 2006). The median price of existing homes increased 10.1% to $177,400, up from $161,100 in April 2011. This was the strongest year-to-year gain since January of 2006. The median home price in April also achieved its highest level since July 2010 when it was at $182,100.
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