- 5.34 million existing homes were sold in 2019, according to data from the National Association of REALTORS®. 682,000 newly constructed homes were sold in 2019, according to the U.S. Census Bureau.
- The Association of Real Estate License Law Officials (ARELLO) estimates that there are about 2 million active real estate licensees in the United States.
- There are 106,548 real estate brokerage firms operating in the United States (Real Estate and Rental and Leasing: Summary Statistics for the U.S., States, and Selected Geographies: 2017).
- Preliminary results from the U.S. Energy Information Administration’s Commercial Buildings Energy Consumption Survey (CBECS) show that there were 5.6 million commercial buildings in the United States in 2012, comprising 87.4 billion square feet of floorspace.
- There are approximately 119.7 million occupied housing units in the United States, according to the 2018 American Community Survey. The typical occupant moved into their house in 2010. The typical home size is 1,500 square feet. The typical home owner is 52 years old.
- In 2016, 63.7% of families owned their primary residence, according to the Federal Reserve’s Survey of Consumer Finances.
NAR Membership Statistics
- Members to date: 1,451,031 as of October 2020
- Number of local associations: 1,124 as of 2019
Source: Monthly Membership Report and NAR Membership Statistics, 1908-present
REALTOR® Demographics
- 65% percent of REALTORS® are licensed as sales agents, 22% hold broker licenses, and 15% hold broker associate licenses.
- The typical REALTOR® is a 55-year-old white female who attended college and is a homeowner.
- 64% of all REALTORS® are female, and the median age of all REALTORS® is 55.
- Real-estate experience of all REALTORS® (median): 9 years
- Median tenure at present firm (all REALTORS®): 4 years
- Most REALTORS® worked 36 hours per week in 2019.
- The median gross income of REALTORS® was $49,700 in 2019, an increase from $41,800 in 2018.
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Median number of transaction sides in 2019:
- Residential sides for all REALTORS®: 12
- Residential sides for residential specialists only: 12
- Residential sides for commercial specialists only: 3
- Commercial sides for commercial specialists only: 6
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Formal education of REALTORS®:
- Some college: 28%
- Bachelor’s degree: 32%
- Graduate degree and above: 13%
- Associate degree: 13%
- Some graduate school: 6%
- High-school graduate: 7%
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REALTOR® affiliation with firms:
- Independent contractor: 87%
- Employee: 5%
- Other: 8%