The other metros with the highest home seller ROIs are: San Jose, CA (82.8%), San Francisco, CA (72.8%), Merced, CA (63.2%) and Salem, OR (62.1%).
Nationally, raw profits and ROI have improved for eight straight years. In 2019, the average home price gain and percent return on investment also reached a 13-year high. The average seller saw a home price gain of $65,500 on a typical sale, which represents a 34% return in investment compared to the original purchase price.
This rise in ROI may remain a trend locally as home prices continue to rise and the Puget Sound region is squeezed for inventory and the Seattle area remains a sellers’ market.
Read more from ATTOM on 2019 market trends here.