Many homeowners are still seeing big profits when they go to sell. Homeowners who sold in the fourth quarter of 2018 sold for an average of $54,500 more than their original purchase price, according to a new report released by ATTOM Data Solutions, a real estate data firm. That is an average of a 30.2 percent return on the original purchase price, up from an average of 25.6 percent a year prior, the report says.
But in some markets, home sellers are netting much more. San Francisco home sellers saw the largest gains in the fourth quarter. Owners there sold for an average of $361,125 more than their original purchase price. Los Angeles homeowners followed, with an average gain of $221,750.
Source: “Q4 2018 Home Seller Gains By Market,” ATTOM Data Solutions (Jan. 25, 2019)
