$184,000: DC-Area Home Sellers Still Seeing Healthy Profits Despite Slower Market
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Even with a sluggish market so far in 2025, DC area home sellers realized some hefty profits in the second quarter.
Sellers in the region saw average profits of approximately $184,000, according to a new report out this week from ATTOM Data Solutions. The profit number was just $10,000 less than the record profits recorded for sellers a year ago.
In certain DC zip codes, the profits were much higher than the rest of the region. In the NW DC zip codes of 20007, 20015 and 20016, sellers saw profits in excess of $450,000. The 20007 zip code -- home to Georgetown, Foxhall Village and Berkley -- saw profits nearing $500,000.
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Profit margins didn't rise notably across the rest of the U.S., but were still healthy from a historical perspective.
“While profit margins aren’t going up significantly, they’re still sitting at pretty good levels,” Rob Barber, CEO of ATTOM, said in a release. “The median home sale last quarter netted a 50 percent profit, whereas in the years right before the pandemic the typical seller was netting around 30 percent.”
The report calculates seller gains as the difference between the median sold price for the quarter and the previous median sold price of those same units that sold.
See other articles related to: dc home seller profits, seller profit
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/184000_dc-area_home_sellers_still_seeing_healthy_profits_despite_slower_mar/23724.
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