How Old Are Buyers in California?

By
Real Estate Broker/Owner with Home Point Real Estate DRE # 01492725

How Old Are Buyers in California?

We have home buyers of all ages in California.  But I had no idea of what the average age was.  The California Association of Realtors (CAR) did a survey.  It turns out that buyers are spread out amongst all age groups, but the top buyers are Gen Y.  

How Old Are California Home Buyers

Combined with Gen X this is 61% of Home Buyers.  I think this is a good sign that younger people see the value of home ownership and preparing for their future.

Gene lives and works in Brentwood Ca, where he is the Broker and owner of Home Point Real Estate providing service to the East Contra Costa County Communities of Brentwood, Oakley, Discovery Bay, Antioch, Pittsburg and beyond. Give us call regarding Buying a Home, Selling a Home, or Real Estate Investing. Call 925-260-4321.

 

 

Comments (4)

Jen Silverman
Cotuit, MA
Consider it...Sold. Cape Cod & Plymouth Specialist

It says the average home purchase price is $180,000?  This seems really low to me. 

Jul 29, 2014 05:55 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Gene, Interesting information but state wide stats mean nothing locally. Yet this is what CAR spends money on? 

Jul 29, 2014 10:37 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Gene. What interesting information. A great insight for your local community and a surprise to me.

Jul 29, 2014 10:53 PM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Jen - it seems low to me too, but these are first time buyers and it may include condos.  Many people are buying for the first time in outlying areas.

Kathleen - Most the time I would agree with you.  But I think this is an interesting tid bit on a trend.

Shiela - Thank you.

Jul 30, 2014 01:19 AM