Report: Homeowners are earning an average of $61K at resale

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In the third quarter of 2018, homeowners sold for an average of $61,232 more than the original purchase price of their home, which is the highest average home seller price gain since 2007. Three cities from Washington and Oregon made the list of the top 10 cities in the U.S. with highest percentage gains in resale value. 

REALTOR Magazine

Rising home prices over the last few years has helped homeowners gain more equity in their homes. 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 percent return on the original purchase price, just shy of the recent peak set in the fourth quarter of 2017 at 32.5 percent.

To see the cities with the highest percentage gains, click here: Report: Sellers are Getting $61K at Resale