2019 Profile of Home Sellers

Highlights of the 2019 Profile of Home Sellers annual survey conducted by the National Association of Realtors®.  According to the survey; the typical Home Seller in 2019 was 57 years old with a median household income of $102,900.  Highlights below include the primary reasons for selling, the median sale price percentage, and median time on market.

Years Living in Home

  • Home Sellers report on average they live in their home 10 years prior to selling
  • In 2018 the average was 6 to 7 years

Reason To Sell

For all home sellers in 2019 the most common reasons for selling their home was:

  • to be closer to friends and family (16%)
  • home was too small (13%)
  • due to a job relocation (11%)

Time On Market

  • In 2019 Home Sellers report their homes are on the market for a median of 3 weeks

Profit or Loss

  • Home sellers in 2019 received a median sale price $60,000 higher than the purchase price
Photo of 2019 Profile of Home Sellers with demographic data from the national survey

Median Sale Price

  • Home Sellers in 2019 report the sale price is a median of 99% of the final list price
  • 34% of Home Sellers offered incentives to attract buyers

Client Satisfaction

  • Only 66% percent of Home Sellers in 2019 are very satisfied with the selling process

Data Source:  National Association of Realtors® 2019 Profile of Home Buyers and Sellers

Photo titled Home Listing Agent shows Tamela and her company logoTo learn more about my Home Listing Agent services, contact me to schedule a Home Seller Consultation.  We will review the home selling process in Massachusetts, home seller protection, my home marketing and selling services, and real estate statistics.

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