If you’ve been thinking about selling your home, we’ve got some good news for you. According to RealtyTrac.com, home sellers saw an average price gain of $51,000 in Q2 of 2017. That’s a 26% average return on the previous purchase price. Most homeowners who sold during Q2 this year had owned their home an average of eight years, and while it’s a great time to sell your home right now, that also means homebuyers are looking at steep competition in today’s seller’s market. Find out the average home seller profits for your state in Q2 this year.
1. California, San Jose-Sunnyvale-Santa Clara
Average Price Gain Since Purchase: $410,000
Average Return Since Purchase: 74.5%
2. Hawaii, Urban Honolulu
Average Price Gain Since Purchase: $171,300
Average Return Since Purchase: 48.4%
3. Colorado, Boulder
Average Price Gain Since Purchase: $165,320
Average Return Since Purchase: 49.4%
4. Washington, Seattle-Tacoma-Bellevue
Average Price Gain Since Purchase: $165,000
Average Return Since Purchase: 63.5%
5. Massachusetts, Boston-Cambridge-Newton
Average Price Gain Since Purchase: $150,000
Average Return Since Purchase: 57.3%
6. Oregon, Portland-Vancouver-Hillsboro
Average Price Gain Since Purchase: $129,800
Average Return Since Purchase: 58.7%
7. Nevada, Reno
Average Price Gain Since Purchase: $100,000
Average Return Since Purchase: 46.5%
8. Arizona, Prescott
Average Price Gain Since Purchase: $86,000
Average Return Since Purchase: 46.7%
9. New Jersey, Newark-Jersey City
Average Price Gain Since Purchase: $82,000
Average Return Since Purchase: 29.5%
10. New York, New York City
Average Price Gain Since Purchase: $82,000
Average Return Since Purchase: 29.5%
11. Florida, Miami-Fort Lauderdale-West Palm Beach
Average Price Gain Since Purchase: $77,900
Average Return Since Purchase: 45.3%
12. Utah, Provo-Orem
Average Price Gain Since Purchase: $76,879
Average Return Since Purchase: 44.1%
13. Texas, Dallas-Fort Worth-Arlington
Average Price Gain Since Purchase: $75,511
Average Return Since Purchase: 51.2%
14.Tennessee, Nashville-Davidson-Murfreesboro-Franklin
Average Price Gain Since Purchase: $66,750
Average Return Since Purchase: 43.8%
15. South Carolina, Charleston-North Charleston
Average Price Gain Since Purchase: $58,000
Average Return Since Purchase: 29.4%
16. New Hampshire, Manchester-Nashua
Average Price Gain Since Purchase: $56,000
Average Return Since Purchase: 28.1%
17. North Carolina, Asheville
Average Price Gain Since Purchase: $53,000
Average Return Since Purchase: 28.6%
18. Rhode Island, Providence-Warwick
Average Price Gain Since Purchase: $53,000
Average Return Since Purchase: 26.9%
19. Wisconsin, Madison
Average Price Gain Since Purchase: $50,750
Average Return Since Purchase: 26.0%
20. Idaho, Boise
Average Price Gain Since Purchase: $50,354
Average Return Since Purchase: 31.9%
21. Minnesota, Minneapolis-St. Paul-Bloomington
Average Price Gain Since Purchase: $47,000
Average Return Since Purchase: 24.4%
22. Georgia, Atlanta-Sandy Springs-Roswell
Average Price Gain Since Purchase: $39,100
Average Return Since Purchase: 24.5%
23. Michigan, Detroit-Warren-Dearborn
Average Price Gain Since Purchase: $39,000
Average Return Since Purchase: 37.1%
24. Alaska, Anchorage
Average Price Gain Since Purchase: $36,319
Average Return Since Purchase: 15.4%
25. New Mexico, Albuquerque
Average Price Gain Since Purchase: $34,458
Average Return Since Purchase: 22.9%
26. Virginia, Richmond
Average Price Gain Since Purchase: $34,050
Average Return Since Purchase: 17.5%
27. Connecticut, Bridgeport-Stamford-Norwalk
Average Price Gain Since Purchase: $34,000
Average Return Since Purchase: 9.1%
28. Missouri, St. Louis
Average Price Gain Since Purchase: $33,351
Average Return Since Purchase: 26.3%
29. Ohio, Columbus
Average Price Gain Since Purchase: $32,750
Average Return Since Purchase: 22.6%
30. Pennsylvania, Pittsburgh
Average Price Gain Since Purchase: $32,500
Average Return Since Purchase: 28.3%
31. Nebraska, Lincoln
Average Price Gain Since Purchase: $29,000
Average Return Since Purchase: 22.7%
32. Louisiana, New Orleans-Metairie
Average Price Gain Since Purchase: $27,000
Average Return Since Purchase: 18.2%
33. Indiana, Indianapolis-Carmel-Anderson
Average Price Gain Since Purchase: $26,037
Average Return Since Purchase: 22.0%
34. Maryland, Baltimore-Columbia-Towson
Average Price Gain Since Purchase $25,100
Average Return Since Purchase 12.6%
35. Mississippi, Memphis
Average Price Gain Since Purchase: $20,500
Average Return Since Purchase: 16.1%
36. Arkansas, Fayetteville-Springdale-Rogers
Average Price Gain Since Purchase: $20,240
Average Return Since Purchase: 14.0%
37. Kentucky, Clarksville
Average Price Gain Since Purchase: $20,150
Average Return Since Purchase: 16.9%
38. Alabama, Huntsville
Average Price Gain Since Purchase: $18,140
Average Return Since Purchase: 13.5%
39. Illinois, Chicago-Naperville-Elgin
Average Price Gain Since Purchase: $18,059
Average Return Since Purchase: 8.7%
40. Iowa, Cedar Rapids
Average Price Gain Since Purchase: $17,500
Average Return Since Purchase: 14.3%
41. Oklahoma, Oklahoma City
Average Price Gain Since Purchase: $17,000
Average Return Since Purchase: 13.2%
42. Kansas, Kansas City
Average Price Gain Since Purchase: $10,119
Average Return Since Purchase: 6.4
Image:Â Feverpitched
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