SEATTLE HOME SELLERS SEE SOME OF THE HIGHEST ROI IN THE NATION

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.

A version of this article was first published on realtor.com

Posted on February 13, 2020 at 9:17 pm
Julia and Mark Krill | Category: Homeowner | Tagged , , , , , ,