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You are here: Home / From Curtis / A Few More Facts from the NAR 2008 Buyer and Seller Survey

A Few More Facts from the NAR 2008 Buyer and Seller Survey

March 13, 2009 by Curtis Van Carter Leave a Comment

A few more facts from the 2008 National Assoction of Realtors (NAR) Profile of Home Buyers and Sellers.

  • 41% considered commuting costs in neighborhood selection
  • 39% said transportation costs were somewhat important
  • 90% cited environmental friendly features important
  • Buyers saw 10 homes for 10 weeks before buying
  • Typical buyer 47 years old and earned $88,200
  • Median age of sellers was $47 with income of $91,000
  • 42% of sellers offered incentives to attract buyers
  • Typical house sold for 96% of listing price
  • 81% of sellers used full-service brokerage

To obtain the data below, NAR mailed an 8 page questionnaire in August 2008 to a national sample of 133,000 home buyers and sellers who purchased their homes between July 2007 and June 2008. It generated 10,053 responses.

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Filed Under: From Curtis, RE Current Info Tagged With: 2008 Buyer and Seller Survey, Napa Valley, RE Current Info, real estate stats

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