Average Home Seller Profits at 10-Year High – NMP Skip to main content

Average Home Seller Profits at 10-Year High

Feb 01, 2018
Home sellers enjoyed an average home price gain since purchase of $54,000 during the fourth quarter of 2017, up from $53,732 in the previous quarter and up from $47,133 one year earlier

Home sellers enjoyed an average home price gain since purchase of $54,000 during the fourth quarter of 2017, up from $53,732 in the previous quarter and up from $47,133 one year earlier, according to a new study from ATTOM Data Solutions. The fourth quarter results were the highest recorded since the third quarter of 2007.
 
The $54,000 average home seller profit represented an average 29.7 percent return on investment (ROI) compared to the original purchase price, up from 28.8 percent in the previous quarter and up from 26.8 percent one year earlier. This also represented the highest level recorded since the third quarter of 2007. The metro markets with the highest average home seller ROI were San Jose (90.9 percent ROI), San Francisco (73.3 percent); Merced, Calif. (64.6 percent), Seattle (64.4 percent) and Santa Cruz, Calif. (59.8 percent).
 
Furthermore, ATTOM Data Solutions reported the U.S. median home price in 2017 was $235,000, up 8.3 percent from 2016 to a new all-time high. Annual home price appreciation in 2017 slowed slightly compared to the 8.5 percent in 2016. Sixty-four of the 112 metros analyzed for this study saw new record home price peaks in 2017, including Los Angeles, Dallas, Houston, Atlanta, and San Francisco.
 
“It’s the most profitable time to sell a home in more than 10 years yet homeowners are staying put longer than we’ve ever seen,” said Daren Blomquist, Senior Vice President at ATTOM Data Solutions. “While home sellers on the West Coast are realizing the biggest profits, rapid home price appreciation in red state markets is rivaling that of the high-flying coastal markets and producing sizable profits for home sellers in those middle-American markets as well.”
Home sellers enjoyed an average home price gain since purchase of $54,000 during the fourth quarter of 2017, up from $53,732 in the previous quarter and up from $47,133 one year earlier

 
About the author
Published
Feb 01, 2018
Rocket Makes VantageScore Its Default After Testing Finds Borrower Savings

After four months of testing, Rocket will make VantageScore 4.0 its preferred model for eligible retail loans while keeping both scoring options available to brokers

Sep 29, 2026
CHLA: More Freddie Mac MBS Buying Could Narrow Mortgage Spreads

Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying

Sep 23, 2026
Early Loan-Limit Race Splits Into Three Tiers

Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits

Sep 23, 2026
Better, Garg Clash Over Claimed 46% Shareholder Support

Better disputes its former CEO’s preliminary consent count as the two sides trade accusations and an Oct. 2 target date approaches

Sep 23, 2026
Fannie Changes How Rent From A Former Home Counts

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac