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- Most home sellers (66 percent) remain in the same state when they purchase their next home. Sellers who moved to another region accounted for 21 percent, while sellers who moved within the same region, but to a different state, was 14 percent.
- Seventy-nine percent of sellers sold a detached single family home, and the townhouse/row house was the second most frequent type of home sold.
- Forty-six percent of recent sellers purchased a home that was larger than the home they just sold, 31 percent purchased a home that was about the same size, and 23 percent traded down to a smaller home.
- Trading up to a larger home is most common among buyers who are 54 and younger. Buyers who are 55 to 64 years old tend to buy about the same size home and buyers over 65 tend to purchase a smaller home than the one they sold.
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