Florida home buyers purchased more new homes on average than U.S. buyers as a whole in 2012-2013, according to a report from the National Association of Realtors (NAR).
Data from the NAR’s 2013 Profile of Home Buyers and Sellers in Florida shows that while Florida buyers shared much in common with home buyers nationwide – including their marital status, household income and size of home purchased – Florida home buyers differed from the national average in some key areas.
Between July 2012 and June 2013, the typical home size purchased by a Florida home buyer offered 1,900 square feet with three bedrooms and two baths – exactly the same size as the typical home purchased by the average U.S. buyer nationwide. The median household income of Florida home buyers ($82,100), meanwhile, was only slightly below that of the average U.S. home buyer ($83,300).
Florida buyers bucked the national trends in several areas, however, including:
Senior housing communities were also more popular in Florida, with 26 percent of the state’s buyers over age 50 opting for an active adult or other age-targeted community, compared to just 14 percent of buyers nationwide.
To learn more about buying a new home in Florida, visit the Nocatee Welcome Center or call 1-800-NOCATEE.