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Strand Hill / Christie's International Real Estate for Manhattan Beach, Hermosa Beach, Palos Verdes - The art of beach real estate

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You are here: Home / Headline News / Sellers See Biggest Profits Since 2007 (February 03, 2017)

Sellers See Biggest Profits Since 2007 (February 03, 2017)

February 3, 2017 by Gary Richardson

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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%

http://realtormag.realtor.org/daily-news/2017/02/03/sellers-see-biggest-profits-2007

Filed Under: Headline News

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Gary E. Richardson
Strand Hill / Christie's International Real Estate
1131 Morningside Drive
Manhattan Beach, CA 90266
310-480-7694
DRE: 00466560
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