Posts Tagged ‘statistics’

Interesting facts about Florida home buyers and sellers

Posted on: March 19th, 2013 No Comments

Several weeks ago, Florida Realtors released a report profiling home buyers and sellers in the state. The following is a summary of key points from that report:

Buyers

25% of buyers were first time buyers, as compared to 39% nationally.
The typical Florida buyer was 55 years old compared to 42 years old nationally.
66% of buyers were married.
40% of buyers began their search online; 86% of all buyers used the internet sometime during the buying process.
84% of buyers used a real estate agent.
The average buyer looked for 10 weeks and saw 10 homes before buying.

Sellers

The typical seller lived in their home 9 years before selling, up from only 6 years in 2007.
92% of sellers used a real estate agent.
5% of home sales were done as For Sale By Owner, and 40% of those knew the buyer beforehand.
32% of sellers offered incentives to attract buyers
The average home sold for 93% of the listing price.
67% of sellers dropped the list price at least once before the home sold.

Tags: statistics, tallahassee

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