Home Buyers and Sellers Profile: Buyers by Demographic Group
2010 Profile of Home Buyers and Sellers: Buyer Profiles
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Transcript of 2010 Profile of Home Buyers and Sellers: Buyer Profiles
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Profiles of Home Buyers
November 5, 2010NAR Research
Contact:Sophia Stuart, Marketing Associate: [email protected] Lautz, Research Economist: [email protected]
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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
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Married with Kids
Median Square Feet
MedianHousehold
Income$87,000
Median Square Feet
2200
MedianAge36
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Single FemaleMedian
Household Income$50,600
MedianAge41
Median Square Feet
1450
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Single Male
MedianAge41
MedianHousehold
Income$54,900
Median Square Feet
1500
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Unmarried CoupleMedian
Household Income$69,700
MedianAge30
Median Square Feet
1600
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First-time BuyersMedian
Household Income$59,900
MedianAge30
Median Square Feet
1540
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Repeat BuyersMedian
Household Income$87,000
MedianAge49
Median Square Feet
2000
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Buyers aged 18 to 24Median
Household Income$46,000
MedianAge24
Median Square Feet
1400
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Buyers aged 65 and olderMedian
Household Income$62,400
MedianAge70
Median Square Feet
1756
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Buyers who Purchased Senior Housing or in an Active Adult Community
MedianHousehold
Income$61,200
MedianAge57
Median Square Feet
1400