Tuesday, September 1, 2009

Central Indiana Buyer and Seller Profile

61% of home buyers had no children under the age of 18 residing in the home.

The median price of homes purchased was $155,000 compared to $204,00 in the US.

One out of every five homes sold was purchased by a single female.

First time home buyers accounted for 38% of recent home purchases.

Only 5% of those surveyed stated they wished they had waited to buy.

One out of every four homes purchased was new construction.

Recent home buyers plan to live in their home a median of 10 years.

4% of home buyers reported they were born outside of the US, compared to 9% nationally

Commuting costs were considered as very or somewhat important by 78% of buyers.

....taken from MIBOR stats

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