In the 20 markets covered by Case-Shiller, homeowners who sold their homes in Q4 2018 experienced an average gain of $54,500 on top of their original purchase price. This average gain of $54,500 represents a +30.2% return on their original purchase price. Q3 2018’s return was slightly more at +30.4% but Q4 2018’s gain was substantially more than Q4 2017’s gain of +25.6%.
Sellers within the San Francisco market experienced average gains of $361,125 over their original purchase price. Los Angeles sellers experienced dollar gains of $221,750, down -6% from Q3 2018 but up +6% annually.
Only two markets within the Case-Shiller 20 experienced both quarterly and annual gains. Sellers in New York experienced quarterly gains of +5% and annual gains of +30.5% and sellers in the District of Columbia experienced quarterly gains from Q3 2018 of +.1% and +30% annual gains.
Here are the Seller Annual Gains in 2018 according to Case Shiller:
Markets Dollar Gains % Gains
Atlanta/Sandy Springs/Rockwell $41,307 +25.2%
Tampa/St Petes/Clearwater $50,000 +34.5%
Seattle/Tacoma/Bellevue $171,969 +66.1%
Boston/Cambridge/Newton $148,500 +57.9%
San Francisco/Oakland/Hayward $361,125 +73.9%
San Diego/Carlsbad $175,750 +47.6%
Portland/Vancouver/Hillsboro $132,500 +56.4%
Phoenix/Mesa/Scottsdale $65,941 +35.1%
New York/Newark/Jersey City $91,500 +30.5%
Minn/St Paul/Bloomington $56,900 +29.5%
Los Angeles/Long Beach/Anaheim $221,750 +55.4%
Las Vegas/Henderson/Paradise $89,168 +49.3%
Detroit/Warren/Dearborn $40,000 +34.8%
Dallas/Ft Worth/Arlington $76,313 +44.1%
Cleveland/Elyria $16,200 +14.0%
Chicago/Naperville/Elgin $31,500 +17.6%
Charlotte/Concord/Gastonia $43,500 +26.9%
DC/Arlington/Alexandria $64,950 +30.0%
