Home Buyers and Sellers Profile: Buyers by Demographic Group

Profiles of Home Buyers November 5, 2010 NAR Research Contact: Sophia Stuart, Marketing Associate: [email_address] Jessica Lautz, Research Economist: [email_address]

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 Median Household Income $87,000 Median Square Feet 2200 Median Age 36

Single Female Median Household Income $50,600 Median Age 41 Median Square Feet 1450

Single Male Median Age 41 Median Household Income $54,900 Median Square Feet 1500

Unmarried Couple Median Household Income $69,700 Median Age 30 Median Square Feet 1600

First-time Buyers Median Household Income $59,900 Median Age 30 Median Square Feet 1540

Repeat Buyers Median Household Income $87,000 Median Age 49 Median Square Feet 2000

Buyers aged 18 to 24 Median Household Income $46,000 Median Age 24 Median Square Feet 1400

Buyers aged 65 and older Median Household Income $62,400 Median Age 70 Median Square Feet 1756

Buyers who Purchased Senior Housing or in an Active Adult Community Median Household Income $61,200 Median Age 57 Median Square Feet 1400

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Home Buyers and Sellers Profile: Buyers by Demographic Group

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