NAR 2010 HomeBuyer/HomeSeller Stats

Statistics just released by NAR…

2009-2010 homebuyers in NY, PA and NJ are:

  • 37 years old;
  • 57% of them are first-timers;
  • 85% of them use an agent; and
  • 90% bought an existing, single-family home.

First-time buyers are:

  • 30 years old;
  • they purchase mostly single-family homes (74%);
  • they work with an agent (84%); and
  • they purchase a house sized around 1,540 square feet.

If you know your potential client, you can adjust your marketing to serve them well.