Home sellers are making a killing in these 10 cities

pulse

September 6, 2017 4:02 PM

Zillow, a leading real estate and rental marketplace, has put out a list of the housing markets where home sellers are cashing out on record home values.

10. Boston

Median years owned: 7 years 10 months

Dollar gain on sale: $182,500

Annual dollar gain on sale: $25,036

Percent gain on sale: 49.6%

Source: Zillow

9. New Orleans

Median years owned: 8 years 7 months

Dollar gain on sale: $81,000

Annual dollar gain on sale: $10,475

Percent gain on sale: 51.5%

Source: Zillow

8. Philadelphia

Median years owned: 7 years 11 months

Dollar gain on sale: $40,225

Annual dollar gain on sale: $4,194

Percent gain on sale: 51.7%

Source: Zillow

7. Seattle

Median years owned: 9 years 2 months

Dollar gain on sale: $185,000

Annual dollar gain on sale: $20,840

Percent gain on sale: 53.1%

Source: Zillow

6. Sacremento, CA

Median years owned: 6 years 11 months

Dollar gain on sale: $82,500

Annual dollar gain on sale: $12,000

Percent gain on sale: 53.6%

Source: Zillow

5. Los Angeles

Median years owned: 9 years 8 months

Dollar gain on sale: $200,000

Annual dollar gain on sale: $23,200

Percent gain on sale: 53.7%

Source: Zillow

4. Denver

Median years owned: 7 years 7 months

Dollar gain on sale: $119,500

Annual dollar gain on sale: $18,162

Percent gain on sale: 56.0%

Source: Zillow

3. San Jose, CA

Median years owned: 9 years 8 months

Dollar gain on sale: $271,150

Annual dollar gain on sale: $30,562

Percent gain on sale: 56.5%

Source: Zillow

2. Portland, OR

Median years owned: 9 years 1 month

Dollar gain on sale: $145,026

Annual dollar gain on sale: $16,714

Percent gain on sale: 64.7%

Source: Zillow

1. Oakland, CA

Median years owned: 7 years 3 months

Dollar gain on sale: $235,000

Annual dollar gain on sale: $33,913

Percent gain on sale: 78.0%

Source: Zillow

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