Home Sale Profits Rise to the Highest Level in 13 Years

According to a recent article in Chicago Agent magazine, a typical home sale brought sellers a profit of $94,092, up 45% from $64,931 in 2020 and an increase of 71% from 2019’s $55,000. That equals about a 45% percent gain on the investment when compared to the original purchase price.

Of the major cities in the United States, 168 of them reached highs for median price not seen since the Great Recession, including Chicago, Dallas, Los Angeles and New York.

For more on these mind blowing stats, click the link below.

https://chicagoagentmagazine.com/2022/01/31/home-sale-profits-rise-to-the-highest-level-in-13-years/