2019 Home Buyer Seller Profile Summary.

Real Estate Buyer And Seller Highlights.

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BUYERS
First-time buyers made up 33 percent of all home buyers, holding steady from last year’s 33 percent.
The typical buyer was 47 years old this year, and the median household income for 2018 rose again this year to $93,200.
Sixty-one percent of recent buyers were married couples, 17 percent were single females, nine percent were single males, and nine percent were unmarried couples.

SELLERS
The typical home seller was 57 years old, with a median household income of $102,900.
For all sellers, the most commonly cited reason for selling their home was the desire to move closer to friends and family (16 percent), that it was too small (13 percent), and a job relocation (11 percent). Sellers typically lived in their home for 10 years before selling, up from last year.
Eighty-nine percent of home sellers worked with a real estate agent to sell their home.

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Burns & Bertha – Changing Lives – Red Line Investors – © 2019
www.DiscoverSuncoastHomes.com

Report reproduced with the permission of National Association of Realtors.