Homeowners who sold in 2016 saw an average home price gain since purchase, of $38,206 – or a 21 percent, on average, increase since purchase, ATTOM Data Solutions reports in its Year-End 2016 U.S. Home Sales Report. That’s up from an average 13 percent gain in 2015, and it is the highest increase since 2007.
The largest metro areas to see the highest average percent gain since purchase for home sellers in 2016 were:
- San Francisco, Calif.: 69% gain
- San Jose, Calif.: 69%
- Santa Rosa, Calif.: 52%
- Los Angeles, Calif. 49%
- Seattle, Wash.: 48%