Who is buying your home? Information for Sellers
If your home is on the market, it might be useful for you to be aware of the following statistics regarding Home Buyers. The source of this information is the 2009 National Association of Realtors Profile of Home Buyers and Sellers.
Active home search (median):
- Number of weeks searched: 12
- Number of homes seen: 12
First-Time vs. Repeat Buyers:
- First-time buyers: 47%
- Repeat buyers: 53%
- Median age of first-time buyers: 30
- Median age of repeat buyers: 48
Buyers who definitely would use same agent again: 81%
Actions taken as result of Internet home search:
- Drove by/viewed a home: 77%
- Walked through a home viewed online: 61%
- Found agent used to search/buy home: 28%
Information sources used in home search:
- Internet: 90%
- Real estate agent: 87%
- Yard sign: 59%
- Open house: 46%
- Newspaper ad: 40%
- Home book or magazine: 26%
Source: 2009 National Association of REALTORS® Profile of Home Buyers and Sellers