The National Association of Realtors analyzed the amount of revenue generated by a real estate transactions across U.S. states.
NAR calculated the total economic impact of real estate-related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.
Nationwide, NAR estimates that each home sale at the median generated nearly $85,000 of economic impact in 2018.
Hawaii saw the highest income generated from a home sale in 2018, at $246,980. It was followed by the District of Columbia ($224,730), California ($173,130), Colorado ($129,050), and Washington ($126,170).