The National Association of Realtors recently updated a few quick real estate market statistics based on their most recent data. Take a look below:
5.34 million existing homes were sold in 2019, according to data from the National Association of REALTORS.. 682,000 newly constructed homes were sold in 2019, according to the U.S. Census Bureau.
The Association of Real Estate License Law Officials (ARELLO) estimates that there are about 2 million active real estate licensees in the United States.
There are 106,548 real estate brokerage firms operating in the United States (Real Estate and Rental and Leasing: Summary Statistics for the U.S., States, and Selected Geographies: 2017).
There are approximately 119.7 million occupied housing units in the United States, according to the 2018 American Community Survey. The typical occupant moved into their house in 2010. The typical home size is 1,500 square feet. The typical home owner is 52 years old.
In 2016, 63.7% of families owned their primary residence, according to the Federal Reserve’s Survey of Consumer Finances.
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