According to the National Association of Realtors 2019 Profile of Home Buyers and Sellers:
- 44% of Sellers are trading up to a larger home.
- Median Equity Gain was up 60%.
- People are holding their homes approx. 10 years before selling.
- The average distance between the home sold and the home purchased is approximately 20 miles.
- 89% used a real estate agent or broker to sell their home.
Thank you to the National Association of Realtors, or which I am a member.