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:
- San Jose-Sunnyvale-Santa Clara, Calif.: $479,500 (first quarter 2019 gain)
- San Francisco-Oakland-Hayward, Calif.: $336,000
- Los Angeles-Long Beach-Anaheim, Calif.: $217,000
- Oxnard-Thousand Oaks-Ventura, Calif.: $178,000
- Honolulu: $171,563
Source: “Top Markets With Greatest Seller Gains,” ATTOM Data Solutions (April 26, 2019)
