Home price appreciation is slowing in North Texas. But that doesn’t mean Dallas-Fort Worth residents don’t already have big nest eggs built up in their homes.
Nationwide, homeowners made an average of $61,000 profit on their property sales in 2018. That’s up from $50,000 in 2017 to a 12-year high, according to a new study by Attom Data Solutions.
The average return on home sales across the country was the highest since before the Great Recession and equaled a 32 percent gain on the property’s original purchase price.
The profits were even greater in the D-FW area, where the average owner made $78,865 off the sale of a home. That’s a 45 percent gain.
The average D-FW home sale return is a fraction of what sellers net in high-priced markets including San Jose ($593,00), San Francisco ($378,500) and Seattle ($186,000).
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