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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

Curtis Van Carter, has been one of Napa Valley Real Estate's most knowledgeable and experienced agents. He has been characterized by his clients for his honesty and knowledge to make a home sale or purchase as smooth as possible. If you are interested in selling or listing a home please call or EMAIL Curtis here.

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