1. The median age of Florida buyers is 43. Among first time buyers the median age is 32.
2. The 2006 median household income of buyers was $67,500.
3. 64% of buyers reported that no children under 18 would be living in the home.
4. 59% of buyers were married couples, 21% single females, 12% single males, and 6% unmarried couples.
5. 18% of buyers reported they were born outside the U.S.
6. First time buyers accounted for 38% os sales in 2007.
7. 49% of first time buyers were between the ages of 25 & 34.
8. Median income of first time buyers is $58,400.
May 6, 2008
Profile of Florida Home Buyers
May 5, 2008
Profile of Florida Sellers
1. The median age of Florida homesellers is 48, and their median income is $83,900.
2. 69% of sellers are married, and 61% had no children under 18 living at home.
3. 51% of sellers are trading up to a larger home.
4. Typical sellers have owned the home for 6 years.
5. 53% of recent sellers reported that they had made improvements 3 months before putting the house on the market.
6. Recent sellers sold their houses for 96% of the listing price.
7. 79% of sellers used a sales associate or broker to help them sell.
8. 67% of sellers were very satisfied with the selling process.
Source: Florida Association of REALTORS













