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Real Estate Market Trend in Colorado

Market Trend

Market Trend

There are approximately 115 million occupied housing units in the United States, according to the 2011 American Housing Survey. The typical owner-occupied home was built in 1976; the typical renter-occupied home was built in 1972. The typical home size is 1,800 square feet, built on a 0.26 acre lot. The typical home owner is 54 years old, and has lived in the current home for 11 years.

Real Estate Market Statistics:
What do buyers use to find their property?

Real estate agent: 89%
Yard sign: 51%
Mobile of tablet website or application: 45%
Open house: 45%
Mobile or tablet search engine: 42%
Print newspaper advertisement: 23%