2010 Profile of Home Buyers and Sellers: Subregional Profiles

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Profiles of Home Buyers in Sub-regions November 5, 2010 NAR Research Contact: Sophia Stuart, Marketing Associate: [email protected] Jessica Lautz, Research Economist: [email protected]

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See how buyers in New England compare to the Pacific and Mountain Region, with this detailed PowerPoint, broken down by 9 sub-regions. The data comes from the newly released 2010 Profile of Home Buyers and Sellers.

Transcript of 2010 Profile of Home Buyers and Sellers: Subregional Profiles

  • 1. Profiles of Home Buyers in Sub-regions November 5, 2010 NAR Research Contact: Sophia Stuart, Marketing Associate: [email protected] Jessica Lautz, Research Economist: [email protected]

2. 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 3. New England Median Square Feet Median Household Income $78,900 Median Age 37 4. Middle Atlantic Median Household Income $77,800 Median Age 37 5. East North Central Median Age 37 Median Household Income $67,800 6. West North Central Median Household Income $63,100 Median Age 34 7. South Atlantic Median Household Income $74,100 Median Age 40 8. East South Central Median Household Income $64,500 Median Age 38 9. West South Central Median Household Income $73,600 Median Age 40 10. Mountain Median Household Income $65,200 Median Age 42 11. Pacific Median Household Income $78,400 Median Age 40