ATTOM Data Solutions took an early look at home seller gains from April 2019 in 20 markets that are typically of most interest.
When looking at home seller gains, ATTOM looks at the difference between the median sales price of homes in a given market in a given quarter and the median sales price of the previous sale of those same homes, expressed both in a dollar amount and as a percentage of the previous median sales price.
While this data can go back historically to help uncover any trends overtime, ATTOM Data decided to just look at a year over year comparison to see how the average home seller returns are fluctuating.
Among those 20 markets, San Francisco, California saw the highest seller return in April 2019 with a 74.0 percent return, selling for an average of $385,000 more than the original purchase price. However, this is down from last year, when there was an 81.6 percent return and a $400,000 gain.
In fact, that Top 10 markets with the greatest seller returns in April 2019, are all down from last year. The next in line was Seattle, Washington with a 64.6 percent return in April 2019, down from 74.1 percent a year ago. Then Portland, Oregon with a 55.3 percent return in April 2019, down from 58.7 percent a year ago. Out of those top 20 markets, only 8 markets saw returns greater than last year. New York, New York saw the greatest jump from last year.
