Among those 20 markets, San Francisco saw the greatest seller gains in January 2019, selling for an average of $325,000 more than their original purchase price. That price gain represented an average 73 percent return on the original purchase price, up 7 percent from December 2018 and up slightly by 1 percent from January 2018.
Following San Francisco with having the highest dollar amount in seller gains was Los Angeles. There, home sellers saw a dollar gain of $218,000, which represented an average 56.6 percent return, up 3 percent from this past December as well as annually.
Another top 20 market where the dollar gain in January 2019 represented an average 56.6 percent return on the original purchase price was Boston, where home sellers realized a dollar gain of $150,000. Boston had one of the highest annual increases in seller gains, up 8 percent from January 2018.
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.