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Debra Granite, Realtor, BucksRelo.com

 

The Typical American Home

A recent report by the National Association of Realtors, reveals the following based on single family home sales this past year (2018).

Homes purchased had a median of 3 bedrooms, 2 bathrooms and were built in 1991.

The typical detached, single‑family home purchased was 1,980 square feet.

86% of buyers purchased a previously-owned home, with 82% of buyers choosing a detached, single family home.

51% of buyers purchased their home in a suburb/subdivision.

Of all buyers, the expected length of tenure in the home purchased was 15 years.

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Debra Granite, Realtor Keller Williams Real Estate, Doylestown, PA

Copyright © 2019, Debra Granite
† Keller Williams Offices are independently owned and operated.
Information, while deemed reliable, is not guaranteed.