Real Estate Agent Marketing on a Budget—Affordable Ideas From $0 to $50 per Month
You’ve probably heard the old cliche that you have to spend money to make money. But you’ve probably also heard the one about money doesn’t
Home Sellers Profited An Average Of Nearly $69K On Their Home Sales In 2020
When you list your home, the goal is to sell the property for more than you invested in it—and to walk away with a profit. And in 2020, those profits were significant for a lot of homeowners.
According to recent data from real estate research firm ATTOM Data Solutions, in 2020, the average home sale in the United States saw a home-price gain of $68,843, with profits rising in more than 90 percent of housing markets across the country—and homeowners seeing a 34.7 percent return on investment (ROI) compared to their original purchase price. That shows significant increases in profits and ROI from 2019 ($53,700 and 29.4 percent) and 2018 ($48,500 and 27.2 percent).
The Takeaway:
So, what does this mean for you? Home sellers are walking away with a healthier profit on their home sale than at any point in recent memory—so if you’ve been thinking about selling your home, now is a great time to make a move (and make a profit!).
