Even As Gains Fall, Most DC Home Sellers Realizing Six-Figure Profits
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As profits drop around the country, home sellers in DC are still realizing good returns on investment.
DC-area homeowners who sold in the first quarter of 2025 saw an average profit of $155,000, per the latest report from ATTOM Data Solutions. In other parts of the U.S., home sellers weren't seeing the same return on investment, but still realizing profits.
“Sellers may not be enjoying quite the same windfall they were a few years ago but by historical standards profits are strong, both in terms of margins and raw dollar value,” said Rob Barber, CEO for ATTOM. “The first quarter also tends to be the weakest of the year, so don’t be surprised to see profits regain ground during the summer months.”
In DC proper, average seller profits in the first quarter were north of $100,000 in all but seven city zip codes. Sellers in the 20008 zip code (Cleveland Park, Kalorama, Massachusetts Avenue Heights) and the east of the River zip code of 20032 saw the largest percentage profit increases year-over-year -- 170% and 65%, respectively.
From a pure dollar perspective, sellers in 20008 had the highest average seller gains citywide, at a whopping $850,000 (more on that tomorrow). The second most-profitable zip code for sellers was 20007 (Foxhall, Burleith), where sellers grossed $539,000 in profit.
The report uses data from recorded deeds, foreclosure filings, and loans. The DC region is defined based on the Census metropolitan statistical area definition, including areas like Jefferson County, West Virginia, and Frederick, Maryland.
See other articles related to: dc home seller profits
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/even_as_gains_fall_most_dc_home_sellers_realizing_six-figure_profits/23438.
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