The peak year of all-cash deals in real estate buys was 2011. Some 38.4% of all deals were cash. 2012 was a close second.

In 2018, 27.8% of single-family home and condominium buys nationwide were all cash, nothing to write home about in comparison to 2011 and 2012 but well above pre-recession all-cash averages of 18.7%.

The top 20 metros with populations greater than 200,000 and seeing more than 100 all-cash sales in 2018 are listed below. All of these metros saw annual double digit increases of all-cash sales.

Remember that all-cash offers are important in bidding war environments when competition for homes is fast and furious.

All data for this post was sourced from ATTOM Data Solutions Year-End 2018 Home Sales Report.      

Annual Percent Change in Percentage of Cash Sales – 2018

 

Manchester-Nashua NH                               +89%***

Cedar Rapids IA                                            +47%

Duluth MN/W                                                +39%

Lake Havasu City–Kingman AZ                        +36%

Lexington-Fayette KY                                     +35%

Des Moines-West Des Moines IA                      +33%

Claremont-Lebanon NH/VT                              +29%

Phoenix-Scottsdale-Mesa AZ                            +25%

Utica-Rome NY                                                +24%

Boulder CO                                                     +18%

Durham-Chapel Hill NC                                    +16%

Reno NV                                                         +16%

Providence-Warwick RI/MA                               +16%

Charlotte-Concord-Gastonia NC/SC                   +15%

Barnstable Town MA                                          +14%

Denver-Aurora-Lakewood CO                             +13%

Johnson City TN                                                +12%

Asheville NC                                                      +12%

Los Angeles-Long Beach-Anaheim CA                  +11%

San Diego-Carlsbad CA                                      +10%