Home Sellers in U.S. Averaged $57,500 in Price Gains in Q1

According to ATTOM Data Solutions' Q1 2019 U.S. Home Sales Report, U.S. homeowners who sold in the first quarter of 2019 realized an average price gain of $57,500 since purchase, representing an average 31.5 percent return on the purchase price. Meanwhile, the report also shows that homeowners who sold in the first quarter had owned an average of 8.05 years, down slightly from a record-high average homeownership tenure of 8.17 years in Q4 2018 but still up from 7.75 years in Q1 2018. Homeownership tenure averaged 4.21 years nationwide between Q1 2000 and Q3 2007, prior to the Great Recession.