ATTOM: Home Sale Profits Increase in Q2

(Image courtesy of Rich Howard/pexels.com)

ATTOM, Irvine, Calif., released its Q2 U.S. Home Sales Report, finding that sellers made, on average, a 50% profit selling single-family homes and condos during the quarter.

That was up narrowly from 48.9% in Q1 2025 but down from Q2 2024 when the figure stood at 55.6%.

Recent profits peaked at 64.3% on the typical home in spring 2022, but have been trending down since then.

The typical home sale netted $123,000 in raw profits during Q2, down 5.6% year-over-year.

The median national sales price last quarter was $369,000, up 5.4% from Q1 and up 3.1% year-over-year.

“We saw historically high home prices last quarter but even so, we didn’t see a big jump in seller profits,” said Rob Barber, CEO for ATTOM. “That’s a measure of the fact that home prices have been very high for a number of years now. While profit margins aren’t going up significantly, they’re still sitting at pretty good levels. The median home sale last quarter netted a 50% profit, whereas in the years right before the pandemic the typical seller was netting around 30%.”

The national average homeownership tenure rose to 8.18 years for homes sold in Q2, up 4.3% compared with Q2 2024. That’s the longest it’s been in at least 25 years.

Homes sold by banks or other lenders following foreclosures were 1.3% of all sales in Q2, down from 1.5% in Q1 and 1.4% in Q2 2024.

All-cash transactions accounted for 38.9% of home sales, down from 42.1% in Q1 and 39.1% in Q2 2024.

The proportion of homes sold to institutional investors dropped to 5.7%, from 5.8% in Q1. In Q2 2024, it was 6.5%.

In the quarter, 8.3% of all home purchases were made using Federal Housing Administration loans, up from 8.2% in the previous quarter and up from 8.1% in Q2 2024.