Real
Estate Statistics
Realtor®
Statistics
-
Hours
worked by all REALTORS® (nationwide - U.S.): 46
per week Gross
personal income by hours worked: $62,300 (median for
40 hrs.)
-
Percent of business generated by REALTOR® personal
web site (all REALTORS®): Zero - 28%; over 25%-
12%
-
Real estate experience of all REALTORS® (median):
9 years
-
REALTORS® by gender: Male 46%; Female 54%
-
Formal education of REALTORS®: Some college/associate
degree: 45%; Bachelor's degree: 26%; High school graduate:
9%; Graduate degree and above: 11%; Graduate study:
9%
-
Affiliate membership of REALTORS ®: RLI: less
than 1%; WCR: 4%; CRE: 1%; REBAC: 9%; CRS: 11%; CCIM:
2%
Home
Buyer & Seller Statistics
Active home search (repeat buyers):
Weeks (median) - 7
Homes seen (median) - 10
Method of Home Purchase:
Agent/Broker - 77%
Builder - 12%
Direct from previous owner - 9%
Definitely would use same agent again: 66%
Actions taken as result of using Internet site:
Drove by/viewed a home - 72%
Walked through a home viewed online- 51%
Found agent used to search/buy home - 18%
Tenure in previously owned home:
One year or less - 3%
1-2 years - 14%
3-4 years - 21%
5-6 years - 16%
7-10 years - 20%
Source:
2005 National Association of REALTORS® Member Profile
What
Repeat Buyers Want Most From Real Estate Professionals
Help you find the right house to purchase -58%
Help with price negotiations - 9%
Help with paperwork - 9%
Tell you what comparable homes are selling for - 12%
Tell you how much buyer could afford - 4%
Help find and arrange financing - 2%
Information
Sources Used in Home Search
Real
estate agent - 90%
Yard sign - 74%
Internet - 74%
Newspaper - 53%
Home book/magazine - 40%
Open house - 51%
Builders - 37%
Television - 26%
Relocation company - 16%
FSBO
Statistics
Did you know?
. . . the typical FSBO home sold for 163,800, compared
to $189,000 for agent-assisted home sales.
FSBO Methods Used to Market Home:
Yard Sign . . . 63%
Friends/neighbors . . . 25%
Newspaper ad . . . 44%
Open House . . . 33%
Internet . . . 24%
Most
Difficult Tasks for FSBO Sellers:
Getting the right price . . . 24%
Understanding paperwork . . . 22%
Preparing/fixing up home for sale . . . 24%
Attracting potential buyers . . . 10%
Having enough time to devote to all aspects of the sale
. . . 5%
Source:
2004 National Association of REALTORS® Profile of
Homebuyers and Sellers
These
statistics are taken from the CREA (Canadian Real Estate
Association) and provides the latest average price across
the country of existing homes and properties sold through
the Multiple Listing Service® system.
Province |
September
2007 |
September
2006 |
%
Change |
| National
Average |
$
308,214 |
$
276,985 |
9.63% |
Alberta |
$
360,227 |
$
301,255 |
16.37% |
British
Columbia |
$
443,269 |
$
396,431 |
10.57% |
Manitoba |
$
166,681 |
$
146,969 |
11.80% |
New
Brunswick |
$
131,299 |
$
117,857 |
10.20% |
| Newfoundland |
$
151,504 |
$
136,684 |
9.80% |
| Nova
Scotia |
$
176,620 |
$
175,176 |
0.89% |
| N.W.T. |
$
327,556 |
$
325,054 |
0.80% |
| Ontario |
$
298,825 |
$
275,164 |
7.90% |
| P.E.I. |
$
129,817 |
$
116,925 |
10.00% |
| Quebec |
$
208,965 |
$
195,211 |
6.60% |
| Saskatchewan |
$
186,145 |
$
130,356 |
29.97% |
| Yukon |
$
233,770 |
$
191,616 |
18.03% |
CREA
News Release - October 30, 2007: Some
home buyers will benefit from new tax measures
CREA News Release - August 20, 2007: CREA
Forecast - August 2007
CREA News Release - June 26, 2007: New
features launched on popular mls.ca
CREA News Release - June 26, 2007: New
features launched on popular web site ICX.CA
CREA News Release - June 12, 2007: Study
Shows Economic Benefits of MLS® Home Sales
CREA News Release - May 1, 2007: CREA
Forecast May 2007
CREA News Release - March 28, 2007: Canadian
REALTORS® care about their communities
CREA News Release - March 26, 2007: Ann
Bosley of Toronto is CREA's 60th President
CREA News Release - March 26, 2007: REALTORS®
take key messages to Parliament Hill
CREA
News Release - March 23, 2007: New
National Headquarters for Canadian REALTORS®
CREA News Release - February 19, 2007: CREA
Forecast February 2007
CREA News Release - January 4, 2007: A
new home for Canadian REALTORS®
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