Bay Area Home Sellers Realizing the Largest Profits

Given the high prices in the Bay Area it’s not surprising that home sellers in the region are seeing the largest profits in the country.

For example, those selling homes in the San Jose and San Francisco metro areas saw average profits of 74.5 percent and 65.1 percent, respectively.

Interestingly, Bay Area homeowners who who did sell in the second quarter of this year had held their properties for almost 10 years, among the longest such times in the country.

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