Home Seller Profits at 12-Year High

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According to ATTOM Data’s 2018 U.S. Home Sales Report, people that sold a home in 2018 realized an average home price gain (since purchase) of $61k, representing a 12-year high.  The report says that the $61k average home seller profit represented an average 32.6% return on investment, which was the highest average home seller ROI since 2006.

“While 2018 was the most profitable time to sell a home in more than 12 years, those along the coasts, reaped the most gains. However, those are the same areas where homeowners are staying put longer,” said Todd Teta, chief product officer at ATTOM Data Solutions.

Click here to read the full report at ATTOMdata.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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