Insights from NAR's 2024 Buyer & Seller Profile

Breaking down NAR's annual profile of home buyers and sellers to better understand the makeup of the market.

 

Introduction & Methodology

 

Main Points:

  • Published each year since 1981
  • Survey data gives objective perspective on who is buying and selling
  • We use this to understand probabilities on who we’ll serve and inform our target markets; get content ideas; mold our services to hit probable pain points/needs of the market
  • Methodology
    • 5,390 respondents nationally - no confirmation on where respondents are from
    • For deals from July 23 to July 24
    • Respondents are 1) buyers and 2) sellers who also bought a home; no people who were just sellers
    • Focused on primary residence buyers and info doesn’t apply to investors or 2nd homes
    • FSBO info not specified, but likely is people who sold FSBO and then bought a house with an agent involved for them to get the survey unless NAR contacted FSBOs directly
    1.  

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