Some Interesting Real Estate Statistics

1. More than 40% of active Realtors in the United States are located in California, Florida, Texas, and Arizona.
2. Nearly 2% of the adult population in Florida has an active real estate license.
3. The number of active Realtors in Arizona has grown by nearly 10% from 2020 to 2021.There are currently more than 3 million active real estate licensees in the United States.
4. As of October 2021, there were 1.56 million members of the National Association of Realtors®(NAR).
5. More than 65% of active Realtors are women.
6. The median age of all Realtors in the United States is 52.
7. 45% of Realtors have completed a bachelor’s or graduate degree.
8. 20% of Realtors have had their license for a year or less.
9. 82% of licensed Realtors own their primary residence.
10. 37% of licensed Realtors own at least one secondary property.
11. There are more than 1,100 local Realtor associations in the United States.

12. 68% of all real estate licenses in the United States are held by agents, the rest are held by brokers and associate brokers.
13. The median experience level of licensed professionals in the real estate industry is five years.
14. There are approximately 120 million occupied housing units (by renters and owners) in the United States.

15. There are approximately 120 million occupied housing units (by renters and owners) in the United States.
16. 92% of homes sold in the U.S.in 2021 were sold using an agent or a broker.
17. The average listing price for a home in the United States has risen more than 32% since March 2020 to $374,900 as of June 2021.
18. The median sales price for a home in the United States in 2021 has increased by 416% since 1980.
19. U.S. homes spent a median of 31 days on market in 2021—the lowest median selling period in more than 15 years.
20. The median days available (before a contract) was nine, also the lowest in more than 15 years.
21. Interest rates have literally never been lower than in 2021—at one point hovering around 2.68% (as a national median).
22. Gen X became the largest homebuying cohort last year, purchasing nearly one out of every four homes that sold in 2021.
23. The number of homes sold in 2021 (to date) was up by nearly 10% over 2020 to 6.29 million as of September 2021.
24. Realtors typically make more than 95% of their annual income from real estate commissions.
25. The median gross commission income for Realtors working 19 to 40 hours per week in 2021 is $43,300, down from $46,000+ in 2020.
26. The median gross commission income for Realtors working 40 to 60 hours per week is $87,550.
27. The median gross commission income for Realtors working more than 60 hours a week is $145,347.
28. Realtors with 15 years of experience (or more) have a median gross income of $75,000.
29. Realtors with 20 years of experience (or more) have a median gross income of $101,633.
30. The median number of annual transactions for a licensed real estate agent is 10.
31. 71% of Realtors specialize in residential real estate.
32. Realtors earning $100,000 or more in gross commission income are more than twice as likely to use advanced technology tools like a CRM than agents who earn less.
33. 74% of Realtors use Facebook for business purposes.
34. 56% of Realtors use LinkedIn for business purposes
35. More than 30% of Realtors report closing at least one transaction a year as a direct result of their use of social media.
36. Americans now spend, on average, more than an hour a day on Facebook and Facebook-connected platforms.
37. Facebook Live watch times have, on average, quadrupled since 2020.
38. The average American Facebook user clicks on eight ads per month, and that number increases to 10 ads a month for women.
39. 60% of agent list active social media as more important than a website.

40. Nearly 80% of active listing agents use drone photography and videography to market their listings.
41. More than one out of every five commercial drone shoots are now done for real estate purposes.
42. 73% of homeowners say they’re more likely to list with a Realtor who uses video to sell property.
43. Homes with drone photography as a part of the marketing plan sell, on average, 68% faster than those without.
44. Recent sellers reported only 10% of their agents effectively used video to market their property.
45. 78% of real estate professionals say that video is important to making agents stand out on social media.
46. In 2021, 68% of home sellers reported finding their agent via a referral from friends or family.
47. In 2021, the typical Realtor earned 34% of their commission income via repeat clients and referrals.
48. 70% of licensed real estate professionals have a website.
49. On average, the third most viewed page on a real estate agent website is the “About Us” page.
50. 69% of recent home sellers surveyed said that they would gladly write a review for their sales agent, if requested.
51. When asked about the most important trait they look for in an agent, prospective home sellers chose “professional reputation” more than any other trait.
52. Less than 1% of homebuyers reported finding their new home via print advertising.

SOURCE: TheClose.com