Homeowners made a 44.1% profit on typical single-family home and condo sales during the first quarter of this year, according to data from ATTOM. That was down from 47.2% in the previous quarter and from 50.2% the first quarter of 2025.
The profit margin percentage is also the lowest since the first quarter of 2021 and continues to decline from the second quarter of 2022 peak level of 63.5%. Seller profit margins fell quarter-over-quarter in 74.2% (95) of the 128 metropolitan statistical areas in ATTOM’s analysis.
The first quarter’s home prices held steady from the previous quarter at $360,000 but were up 3% year-over-year from $350,000 in the first quarter of 2025. Nationwide, the typical single-family home or condo sold for a raw profit of $110,100 in the first quarter of 2025, down 5% from the previous quarter and down 6% from the same time last year.
“The first quarter is typically a slower sales season and that was compounded this year by rising mortgage rates,” said Rob Barber, CEO of ATTOM. “After the record high home prices we saw last summer, prices appear to be leveling out. The profit margins sellers enjoyed over the last few years, which were consistently over 50%, were unusual. But even with the most recent dip, margins are still well above the 30% return on investment sellers were seeing before the pandemic.”
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