5 Markets with Six-Figure Seller Gains - Real Estate, Updates, News & Tips

5 Markets with Six-Figure Seller Gains

Homeowners continue to reap profits off their home sales. U.S. homeowners who sold in the first quarter of this year realized an average home price gain since purchase of $57,500. That is up slightly from an average of $56,733 a year ago, according to ATTOM Data Solutions’ Q1 2019 Home Sales Report. The gains represented an average 31.5 percent return as a percentage of the original purchase price.

Markets along the West coast saw some of the greatest dollar gains. For example, in San Jose, Calif., home sellers saw nearly a half-million-dollar gain when they sold their home. The following are the markets with the top seller gains in the first quarter, according to ATTOM Data Solutions:

  1. San Jose-Sunnyvale-Santa Clara, Calif.: $479,500 (first quarter 2019 gain)
  2. San Francisco-Oakland-Hayward, Calif.: $336,000
  3. Los Angeles-Long Beach-Anaheim, Calif.: $217,000
  4. Oxnard-Thousand Oaks-Ventura, Calif.: $178,000
  5. Honolulu: $171,563

Source: “Top Markets With Greatest Seller Gains,” ATTOM Data Solutions (April 26, 2019)