Who Are Today's Home Buyers?

The National Association of REALTORS conducts a survey* every year on recent home buyers and sellers.  Below are highlights on buyers from their most recent report.

  • 34% of buyers were 1st time buyers. 
  • The median purchase price of a home was $235,000.
  • 84% of buyers purchased in a suburb, small town or rural area vs. an urban area.
  • 83% of buyers bought a single family home.
  • 87% used a real estate agent.
  • 95% searched online.
  • 65% of buyers were married couples, 18% were single females, 7% were single males and 8% were unmarried couples.
  • The typical home purchased was 1870 square feet, 3 bedrooms, 2 baths and built in 1991.

Thinking of selling?  Contact me if you’d like to know how these facts could impact your sale.  603-526-4116, www.DonnaForest.com, Donna@DonnaForest.com

*2017 Profile of Home Buyers and Sellers – National Association of REALTORS

Real estate markets are local, and we have the real scoop on ours.  Better Homes & Gardens Real Estate - The Milestone Team

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