Good news! In the third quarter of 2018, homeowners sold for an average of $61,232 more than their original purchase price—the highest average home seller price gain since 2007, according to a newly released report from ATTOM Data Solutions. That marks a 32% return on the original purchase price. Four out of the top 10 were located in California. Take a look.....
San Jose, Calif.: 108.7% gain
San Francisco: 77.3%
Seattle: 69.8%
Santa Rosa, Calif.: 67.9%
Salem, Ore.: 63.4%
Portland, Ore.: 59.6%
Boston: 58.1%
Los Angeles: 58%
Nashville, Tenn.: 56.5%
Salt Lake City: 56.5%
Source:
“U.S. Median Home Price Increases 4.8 Percent in Q3 2018, Slowest Rate of Annual Appreciation Since Q2 2016,” ATTOM Data Solutions (Oct. 23, 2018