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%