"My trusty spreadsheet took a peek at stats from Attom dating to 2008 that track the difference between the price a typical homeowner got when they sold vs. their purchase cost in 130 metropolitan areas, including 10 in California. This "profit" gap - and remember we've had years at a loss, too - does not include the cost of upgrades, maintenance, mortgage interest or transaction expenses."
"For sellers in California's 10 metros in 2025, the mediangain was $265,000. Meanwhile, sellers in the 120 metros outside the nation saw a $107,000 profit. Yes, that's $158,000 extra for the typical California seller. But that's the smallest geographic divide in five years - down from $185,000 in 2022 - as home prices appreciated more rapidly outside of California in recent years."
In 2025 median gains for sellers in California's 10 metros reached $265,000 compared with $107,000 in the other 120 metros, a $158,000 advantage. The geographic profit gap has shrunk to its smallest in five years, down from $185,000 in 2022, as prices rose faster outside California. Typical California purchase and sale medians were $422,000 and $687,000 versus $215,000 and $322,000 elsewhere. Measured as percentage gains, 2025 California sellers saw 63% gains versus 50% elsewhere; since 2008 California median gain is 50% compared with 20% nationally. Sellers have also faced losses in some years.
Read at The Mercury News
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