The real estate market in 2018 had its ups and downs, but for sellers there were definitely more ups.
According to a recent report from ATTOM Data Solutions, home sellers in 2018 saw an average price gain of $61,000, a profit that delivered an average 32.6% return on investment. That’s a significant jump from 2017 when the average price gain was $50,000—and the highest level in 12 years.
The Takeaway
If you’ve been thinking about selling, now’s the time to make a move. With price gains at a 12-year high, there’s never been a better time to sell—and make a hefty profit in the process.