U.S. HOME SELLERS REALIZED AVERAGE PRICE GAIN OF $51,000 IN SECOND QUARTER OF 2017, HIGHEST IN 10 YEARS
The nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Sales Report, which shows that homeowners who sold in the second quarter realized an average price gain of $51,000 since purchase. The highest average price gain for home sellers since Q2 2007, when it was $57,000.
The average home seller price gain of $51,000 in Q2 2017 represented an average return of 26 percent on the previous purchase price of the home. The highest average home seller return since Q3 2007, when it was 27 percent.
The report also shows that homeowners who sold in the second quarter had owned an average of 8.05 years, up from 7.85 years in the previous quarter and up from 7.59 years in Q2 2016 to the longest average homeownership tenure as far back as data is available, Q1 2000.
Author:Dawn Borkowski Phone: 864-313-4608 Dated: July 31st 2017 Views: 292 About Dawn: ...
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