Profiles of Home Buyers

November 5, 2010NAR Research

Contact:Sophia Stuart, Marketing Associate: sstuart@realtors.orgJessica Lautz, Research Economist: jlautz@realtors.org

Introduction Survey conducted with recent home buyers

who purchased a home between July 2009– June 2010

Seller information gathered from those home buyers who sold a home

Mailed 111,004 questionnaires- response rate of 7.9%

Names obtained from Experian Data in the presentation is based on

medians or the typical buyer in the category and is not all encompassing

Married with Kids

Median Square Feet

MedianHousehold

Income$87,000

Median Square Feet

2200

MedianAge36

Single FemaleMedian

Household Income$50,600

MedianAge41

Median Square Feet

1450

Single Male

MedianAge41

MedianHousehold

Income$54,900

Median Square Feet

1500

Unmarried CoupleMedian

Household Income$69,700

MedianAge30

Median Square Feet

1600

First-time BuyersMedian

Household Income$59,900

MedianAge30

Median Square Feet

1540

Repeat BuyersMedian

Household Income$87,000

MedianAge49

Median Square Feet

2000

Buyers aged 18 to 24Median

Household Income$46,000

MedianAge24

Median Square Feet

1400

Buyers aged 65 and olderMedian

Household Income$62,400

MedianAge70

Median Square Feet

1756

Buyers who Purchased Senior Housing or in an Active Adult Community

MedianHousehold

Income$61,200

MedianAge57

Median Square Feet

1400