Sellers See Highest Price Gains In Years

Dated: 04/25/2016

Views: 57

Sellers See Highest Price Gains in Years

DAILY REAL ESTATE NEWS | THURSDAY, APRIL 21, 2016

Most home sellers are seeing plenty of equity when selling their home. In March, sellers on average sold for $30,500 more than what they had paid for their home – a 17 percent gain, according to RealtyTrac’s March and First Quarter 2016 Home Sales Report. That marks the highest average price gain for sellers in any month since December 2007, the onset of the Great Recession.

Read more: When to Have 'the Talk' With Your Sellers

“Home sellers in many markets are now seeing average price gains close to or above what home sellers experienced during the last housing boom,” says Daren Blomquist, RealtyTrac senior vice president. “That should encourage more home owners to take advantage of the prime seller’s market and list their homes for sale this year."

The report reveals that sellers are seeing the largest average gains in the following metros:

  1. San Francisco: 72% average gain

  2. San Jose, Calif.: 60%

  3. Boulder, Colo.: 53%

  4. Prescott, Ariz.: 51%

  5. Los Angeles: 48%

  6. Denver: 42%

  7. Portland: 40%

  8. Austin: 40%

  9. Seattle: 38%

  10. Baltimore: 38%

  11. Riverside-San Bernardino, Calif.: 37%

  12. San Diego: 36%

  13. Sacramento: 35%

Latest Blog Posts

COMING SOON

'COMING SOON!" Very well cared for home in fantastic condition! 5 bedrooms, 3 baths, 2 car attached garage. It a great location, close to shopping & schools. Central A/C, Sprinkler system,

Read More

Happy Thanksgiving From Exp Realty Of Wyoming

"TO ALL YOU! FROM ALL OF US!" Here at eXp Realty of Wyoming! We are so Thankful for you! We hope you enjoy your family & friends & God Bless each & everyone of you!#loveourclients #exprealty

Read More

How To Sell Your Home In The Winter

Tips For Selling a Home In The WinterIf the weather is getting colder and you need to get your home sold, consider the following advice to make the process easier and more efficient. Use these

Read More

6353 Osage Ave

Seller says sell! $10,000.00 price reduction! Located in desirable north Cheyenne! Walking distance to schools! Close to everything shopping! Chef's delight kitchen, bonus includes a tv, dining

Read More