Most homeowners hope to sell their house for more than what they originally paid for it, right? The question is, how much more?
CoreLogic just compiled and released its latest report on its 20-city home price index showing gains made from original purchase prices. Nationally, CoreLogic reported a +8% or $150,000 gain over the original purchase price for single-family homes.
For specifics, check out the gains made in each of the 20 cities included in CoreLogic’s 20-city home price index:
Atlanta +$40,000
Boston–Cambridge–Newton +$150,000 or +56% return
Charlotte-Concord +$39,000
Chicago-Naperville-Elgin +$29,000 or +16%
Cleveland +S18,000 or +16% return
Dallas-Ft. Worth +$72,000
Denver-Aurora +$120,000 or down -9% return
Detroit +$30,000
Las Vegas-Henderson +$89,000
Los Angeles-Long Beach +$218,000 or +56.6% average return; +3% from December 2018
Miami-Fort Lauderdale +$76,500
Minneapolis +$52,000
New York-Newark-Jersey City +$90,000
Phoenix-Mesa-Scottsdale +$87,500
Portland-Vancouver +$129,500
San Diego +$164,000 or +43.1% average return but down -5% from 2018
San Francisco-Oakland +325,000 or +73% average return; +7% from December 2018; +1% from January 2019
Seattle-Tacoma +$160,000 of -1% from December 2018; +1% from January 2019
Tampa-St. Petersburg +$47.400
Washington DC-Arlington +$61,000
