According to ATTOM’s recently released Q1 2025 U.S. Home Sales Report, homeowners earned an average profit margin of 50.2 percent on the sale of single-family homes and condos. This marks a decline of 3.2 percentage points from the previous quarter and 4.8 points from the same period in 2024.
ATTOM’s latest home sales analysis reported that the national median profit margin on home sales has seen modest declines nearly every quarter since mid-2022, yet it continues to sit well above pre-pandemic levels.
The report noted that while the national median home sale price has held steady at $355,000 for two consecutive quarters—just below its peak of $358,000 in Q3 2024—the median raw profit for sellers slipped by roughly 4 percent, falling from $124,000 in Q4 2024 to $119,000 in Q1 2025.
Also according to the report, typical profit margins declined in 99 of the 128 metropolitan statistical areas (77 percent) with at least 1,000 home sales in Q1 2025, compared to the prior quarter. These margins represent the percentage difference between the median purchase and resale prices for homes in each area. On a year-over-year basis, margins dropped in 106 of those markets (83 percent).
ATTOM’s Q1 2025 home sales analysis revealed that although profit margins have declined nationwide, home sellers are still realizing relatively strong returns. In 77 of the 128 metro areas analyzed (60 percent), the typical sales profit margin remained at or above 50 percent.
The first-quarter sales report recently released by ATTOM also stated that among metro areas with populations of at least 1 million, the highest typical profit margins were found in San Jose, CA (88.8 percent); Buffalo, NY (82.2 percent); Seattle, WA (75.3 percent); Providence, RI (74.1 percent); and Boston, MA (73.9 percent).
In this post, we dive deep in the data behind ATTOM’s Q1 2025 home sales report to uncover the top 10 U.S. metros with the biggest quarterly increases in home seller profit margins in Q1 2025. Those metros include: Scranton–Wilkes-Barre–Hazleton, PA (up from 68.3 percent to 97.4 percent); Lake Havasu City-Kingman, AZ (up from 61 percent to 77.9 percent); Lakeland-Winter Haven, FL (up from 53.8 percent to 61.6 percent); McAllen-Edinburg-Mission, TX (up from 31 percent to 37.8 percent); Buffalo-Cheektowaga-Niagara Falls, NY (up from 77 percent to 82.2 percent); Salisbury, MD-DE (up from 41.5 percent to 46 percent); Lancaster, PA (up from 69.7 percent to 73.7 percent); El Paso, TX (up from 29.6 percent to 33.6 percent); San Diego-Carlsbad, CA (up from 65.1 percent to 68.6 percent and Winston-Salem, NC (up from 64 percent to 67.4 percent).
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Written by: Megan Hunt