Real Estate Stats You Might Find Interesting
The Association of Real Estate License Law Officials (ARELLO)(link is external) estimates that there are over 3 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(link is external)).
Preliminary results from the U.S. Energy Information Administration’s Commercial Buildings Energy Consumption Survey (CBECS)(link is external) show that there were 5.9 million commercial buildings in the United States in 2018, comprising 97.0 billion square feet of floor space.
There are approximately 119.7 million occupied housing units in the United States, according to the 2018 American Community Survey(link is external).
According to the 2021 Profile of Home Buyers and Sellers, the typical home seller has been in their home for 8 years. The typical home size is 1,900 square feet. The typical homeowner is 45 years old.
In 2019, 64.9% of families owned their primary residence, according to the Federal Reserve’s Survey of Consumer Finances(link is external).