Saturday, February 6, 2010

Recent Home Buyer Statistics

Home Buyer Statistics

Active home search (median):

  • Number of weeks searched: 10
  • Number of homes seen: 10

First-Time vs. Repeat Buyers:

  • First-time buyers: 41%
  • Repeat buyers: 59%
  • Median age of first-time buyers: 30
  • Median age of repeat buyers: 47

Buyers who definitely would use same agent again: 70%

Actions taken as result of Internet home search:

  • Drove by/viewed a home: 77%
  • Walked through a home viewed online: 63%
  • Found agent used to search/buy home: 27%

Information sources used in home search:

  • Internet: 87%
  • Real estate agent: 85%
  • Yard sign: 62%
  • Open house: 48%
  • Newspaper ad: 47%
  • Home book or magazine: 30%
Courtesy of Realtor.com