{"id":77751,"date":"2024-04-10T05:30:53","date_gmt":"2024-04-10T12:30:53","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=77751"},"modified":"2024-04-09T15:08:42","modified_gmt":"2024-04-09T22:08:42","slug":"san-francisco-home-sellers-lose-gain-money","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/san-francisco-home-sellers-lose-gain-money\/","title":{"rendered":"Nearly 20% of San Francisco Home Sellers Take a Loss on Their Sale, More Than Four Times the National Share"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">The share of San Francisco sellers losing money on their home sale is sitting near its highest level in more than a decade, largely because prices have come back down to earth after skyrocketing during the pandemic.\u00a0<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Nationwide, the share of sellers losing money is much smaller (4%) because home prices remain near their record high.\u00a0<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">In San Francisco, the typical seller who\u2019s parting ways with their home for less than they originally paid is losing $155,500. Nationwide, the median loss is roughly $40,000.\u00a0<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">New England sellers are least likely to lose money, with less than 2% of Providence, RI and Boston sellers taking a loss.\u00a0<\/span><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Nearly one of five (17.8%) homes that sold in San Francisco during the three months ending February 29 sold at a loss. That\u2019s comparable with the 17.9% share hit during the three months ending January 31, which was the highest in 11 years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s a higher share than any other metro, and it\u2019s more than four times the national share of 4.3%. The national share of sellers taking a loss is the highest it has been since May 2021, but the share has been fairly stable over the past two years, hovering between 2% and 4.5%.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-77752 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/sf-selling-at-a-loss.png\" alt=\"\" width=\"988\" height=\"605\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/sf-selling-at-a-loss.png 988w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/sf-selling-at-a-loss-300x184.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/sf-selling-at-a-loss-768x470.png 768w\" sizes=\"(max-width: 988px) 100vw, 988px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">In San Francisco, the typical homeowner who sold at a loss parted with their home for $155,500 less than they bought it for, the largest dollar loss of any major metro. Nationwide, the median loss was $39,912.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is according to a Redfin analysis of county records and MLS data across the 50 most populous U.S. metros. To be included in this analysis, a home must have been owned by the same party for at least nine months leading up to the sale. When we say \u201csold at a loss,\u201d, we mean the seller sold the home for less than they bought it for.\u00a0<\/span><\/p>\n<h3>Some San Francisco sellers are losing money because they bought when prices peaked during the pandemic<\/h3>\n<p><span style=\"font-weight: 400;\">San Francisco home sellers are far more likely than sellers in the rest of the country to lose money because home prices there have dropped dramatically since the pandemic homebuying boom. Still, the Bay Area is home to the most expensive real estate market in the U.S.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">San Francisco\u2019s median sale price peaked at $1.66 million in April 2022, and has since fallen 15% ($250,000) to $1.41 million as of February. The typical person who bought in San Francisco at nearly any point in 2021 or 2022, when the housing market was red hot due to ultra-low mortgage rates, would have taken a loss if they sold during the first few months of this year.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-77753 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/SF-prices-chart.png\" alt=\"\" width=\"956\" height=\"597\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/SF-prices-chart.png 956w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/SF-prices-chart-300x187.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/04\/SF-prices-chart-768x480.png 768w\" sizes=\"(max-width: 956px) 100vw, 956px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Local Redfin Premier agent <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/christine-chang\"><span style=\"font-weight: 400;\">Christine Chang<\/span><\/a><span style=\"font-weight: 400;\"> said San Francisco\u2019s market is stumbling more than other parts of the Bay Area. \u201cHome prices have fallen from their peak, especially when it comes to condos,\u201d Chang said. \u201cIt\u2019s not just because mortgage rates are high. San Francisco has lost some of its appeal post-pandemic. A lot of <\/span><a href=\"https:\/\/sfstandard.com\/2023\/01\/26\/tech-companies-vacating-leaving-san-francisco-office-space\/\"><span style=\"font-weight: 400;\">tech employers<\/span><\/a><span style=\"font-weight: 400;\"> and big-name <\/span><a href=\"https:\/\/www.cnn.com\/2023\/08\/30\/business\/san-francisco-union-square-retail-closures\/index.html\"><span style=\"font-weight: 400;\">retailers<\/span><\/a><span style=\"font-weight: 400;\"> have moved out of the city, and some of my clients have reported they\u2019re leaving the area because they don\u2019t feel as safe as they used to.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s worth noting that most San Francisco homeowners who bought during the last two to three years are hanging onto their home. Some of the homeowners who are selling are likely doing so because a life event such as divorce or job relocation has necessitated it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s also worth noting that San Francisco home prices have swung up after hitting a low point of $1.28 million in January 2023, when prices were declining in the face of elevated mortgage rates and tepid demand. Home sellers would likely fetch a higher price now than they would have a year ago.\u00a0<\/span><\/p>\n<h3>Over 1 in 10 Detroit sellers take a loss on their home sale<\/h3>\n<p><span style=\"font-weight: 400;\">After San Francisco, Detroit had the highest share of homes selling at a loss (10.8%) during the three months ending February 29. It\u2019s followed by three other Rust Belt and Midwestern metros: Cleveland (8.2%), St. Louis (8.1%) and Chicago (7.9%).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sellers in those places are more likely than most to lose money because, like in San Francisco, home prices have fallen quite a bit from their pandemic peak. In Detroit, for instance, the median sale price is down roughly 20% from its pandemic peak.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, housing markets in Detroit and Chicago have suffered because they\u2019re typically among the U.S. metros homebuyers are <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-migration-trends-november-2023\/\"><span style=\"font-weight: 400;\">most likely to leave<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h3>Sellers in New England and Southern California least likely to take a loss<\/h3>\n<p><span style=\"font-weight: 400;\">Homes were <\/span><i><span style=\"font-weight: 400;\">least <\/span><\/i><span style=\"font-weight: 400;\">likely to sell at a loss in Providence, RI, where just 1.2% of homeowners who sold during the three months ending February 29 lost money. It\u2019s followed by Boston, Anaheim, CA, Fort Lauderdale, FL, and San Diego; roughly 2% of homes sold for less than the seller originally paid in each of those metros.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In dollar terms, homeowners who sold their home for less than they originally paid lost the least in metros where homes are inexpensive compared to most of the country: Pittsburgh and Kansas City, MO (-$15,000) come first,\u00a0 followed by Detroit (-$16,812), Houston ($-16,990) and Milwaukee (-$18,000).\u00a0<\/span><\/p>\n<h3>The vast majority of sellers are making money on their home sale<\/h3>\n<p><span style=\"font-weight: 400;\">Even in San Francisco, where roughly 18% of sellers who part ways with their home are losing money, more than four in five (82%) sellers are selling for more than they bought for. The typical San Francisco seller sold for $482,000 more than their purchase price during the three months ending February 29.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nationwide, about 96% of sellers are earning money on their sale, with a median gain of $196,016. Today\u2019s sellers are likely to sell their home for more than they bought it for because the median U.S. home-sale price is just 5% below the all-time high set in mid-2022. The median U.S. sale price is more than $100,000 <\/span><i><span style=\"font-weight: 400;\">higher <\/span><\/i><span style=\"font-weight: 400;\">(+40%)<\/span> <span style=\"font-weight: 400;\">than before the pandemic began.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">California home sellers reap larger gains than sellers anywhere else in the country. Following San Francisco, the biggest median gain was another part of the Bay Area. In San Jose, where 5% of sellers lost money on their home sale and the other 95% earned money, the median gain was $695,000. Next comes Anaheim, where just 2% of sellers lost money and 98% earned money; the median gain there was $510,000.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sellers are gaining the <\/span><i><span style=\"font-weight: 400;\">least <\/span><\/i><span style=\"font-weight: 400;\">money on home sales in relatively inexpensive Rust Belt metros, but the median gains are still nearing six figures. The smallest gain was in Cleveland, OH, where sellers gained a median of $70,650, a big chunk of the $175,000 median sale price. Next come Detroit (median gain of $72,000) and St. Louis ($90,000).\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"5\"><b>Metro-level summary: 50 most populous U.S. metro areas<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">Stats in table represent the three months ending Feb. 29, 2024<\/span><\/i><\/td>\n<\/tr>\n<tr>\n<td><b>U.S. metro area<\/b><\/td>\n<td><b>Share of homes sold at a loss<\/b><\/td>\n<td><b>Median loss of homeowners who sold at a loss<\/b><\/td>\n<td><b>Median capital gain for all sellers<\/b><\/td>\n<td><b>Median sale price\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Anaheim, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$56,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$510,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,035,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Atlanta, GA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$34,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$162,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$352,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Austin, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$45,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$196,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$455,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Baltimore, MD<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$27,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$130,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$315,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Boston, MA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$59,050<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$290,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$640,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Charlotte, NC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$27,418<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$167,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$355,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Chicago, IL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$30,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$110,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$300,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cincinnati, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$20,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$110,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$243,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cleveland, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$20,765<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$70,650<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$175,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Columbus, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$22,550<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$129,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$280,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Dallas, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$26,710<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$170,300<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$425,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Denver, CO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$35,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$230,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$540,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Detroit, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$16,812<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$72,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$150,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Fort Lauderdale, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$30,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$215,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$400,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Fort Worth, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$19,550<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$130,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$342,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Houston, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$16,990<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$110,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$335,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Indianapolis, IN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$19,450<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$109,300<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$259,300<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jacksonville, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$23,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$145,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$340,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Kansas City, MO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$15,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$120,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$290,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Las Vegas, NV<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$28,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$171,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$399,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Los Angeles, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$92,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$395,750<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$845,750<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Miami, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$68,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$264,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$499,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Milwaukee, WI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$18,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$103,250<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$248,250<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minneapolis, MN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$29,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$114,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$325,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Montgomery County, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$56,845<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$187,650<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$422,650<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nashville, TN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$37,250<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$174,591<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$413,366<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nassau County, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$127,870<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$297,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$662,500<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New Brunswick, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$75,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$220,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$470,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New York, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$97,723<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$327,250<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$702,250<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Newark, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$58,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$228,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$501,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Oakland, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$55,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$355,050<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$806,500<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Orlando, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$27,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$168,600<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$370,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Philadelphia, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$20,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$117,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$240,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Phoenix, AZ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$32,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$190,100<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$434,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Pittsburgh, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$15,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$99,298<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$208,175<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Portland, OR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$47,050<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$222,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$510,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Providence, RI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$35,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$205,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$437,500<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Riverside, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$35,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$247,750<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$537,750<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sacramento, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$30,250<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$224,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$527,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Antonio, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$25,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$94,110<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$314,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Diego, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$110,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$390,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$825,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Francisco, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$155,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$482,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,410,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Jose, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$75,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$695,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,325,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Seattle, WA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$65,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$345,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$725,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">St. Louis, MO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$18,500<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$90,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$218,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Tampa, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$22,808<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$180,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$360,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Virginia Beach, VA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$27,836<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$97,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$312,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Warren, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$20,366<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$102,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$250,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Washington, DC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$33,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$180,080<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$485,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">West Palm Beach, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-$26,250<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$234,300<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$450,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>National<\/b><\/td>\n<td><b>4.3%<\/b><\/td>\n<td><b>-$39,912<\/b><\/td>\n<td><b>$196,016<\/b><\/td>\n<td><b>$442,333<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The share of San Francisco sellers losing money on their home sale is sitting near its highest level in more than a decade, largely because prices have come back down to earth after skyrocketing during the pandemic.\u00a0 Nationwide, the share of sellers losing money is much smaller (4%) because home prices remain near their record [&hellip;]<\/p>\n","protected":false},"author":13153,"featured_media":77757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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