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2021 Highlights of Home Buyers and Sellers
Dated: December 22 2021
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2021 Highlights of Home Buyers and Sellers
The National Association of REALTORS® Profile of Home Buyers and Sellers is an annual survey of recent home buyers and sellers who recently completed a transaction. Through data collected from a nationally representative sample of recent home sales, NAR found the following highlights.
Home Seller Highlights
• For recently sold homes, the final sales price was a median of 100 percent of the final listing price, the highest recorded since 2002.
• Recently sold homes were on the market for a median of one week, a drop from three weeks in 2020.
• This year, home sellers cited that they sold their homes for a median of $85,000 more than they purchased it, a jump from $66,000 last year.
Home Buyer Highlights
• Buyers typically purchased their homes for 100 percent of the asking price, with 29 percent purchasing for more than asking price.
• The median distance between the home that recent buyers purchased and the home they moved from was only 15 miles.
• Convenience to friends and family was the second most important factor in influencing neighborhood choice, after quality of the neighborhood. This surpassed convenience to job and affordability, which were more important last year.
Information provided by National Association of Realtors 2021 Profile of Home Buyers and Sellers.
Kristina Philbin
Kristina Young- Philbin is Team Leader for The Infinity Home Team at NP Dodge Real Estate. Licensed since 2009 and working full time the Real Estate industry. Born and Raised in the business specializ....
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2021 Highlights of Home Buyers and SellersThe National Association of REALTORS® Profile of Home Buyers and Sellers is an annual survey of recent home buyers and sellers who recently completed a
This data is from various Participants of the Great Plains REALTORS® Multiple Listing Service Inc Internet Data Exchange; is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; the listing broker is listed on each listing; the information is deemed reliable but not guaranteed, and is copyrighted ©2022 Great Plains REALTORS® Multiple Listing Service, Inc. Information is
