Home Buyers and Sellers Profile: Buyers by Geographic Sub Region

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    06-Jul-2015
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This presentation, from the National Association of REALTORS®, looks at home buyers and sellers by geographical sub-region—New England, Mid-Atlantic, East North Central, West North Central, South Atlantic, East South Central, West South Central, Mountain and Pacific. It should be noted that the data presented is based on medians, which represent the typical buyer in the category and therefore, is not all encompassing.

Transcript of Home Buyers and Sellers Profile: Buyers by Geographic Sub Region

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

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