Dallas-Fort Worth home sellers made record returns last year, profiting an average $84,553 per sale, according to a report by Attom Data Solutions.
That’s up by more than 8 percent from 2019 and almost double the DFW returns of five years ago.
Nationwide, home sellers gained an average of $68,843 per sale, according to the report.
Median home prices in DFW rose 9 percent last year to a record high of $285,000, according to Attom Data. The nationwide median sales price last year rose 13 percent to $266,250.
The U.S. median home price increased 12.8 percent in 2020, hitting an all-time annual high of $266,250. The annual home-price appreciation in 2020 outpaced the combined increases of 4.4 percent in 2019 and the 4.8 percent increase in 2018. The increase in 2020 topped all annual gains since at least 2006 in the United States.
Since the U.S. housing market began recovering in 2012 from the Great Recession of the late 2000s, the national median home price has risen 72.3 percent.
