How long do people own their home before selling?

It depends! In general, the answer is 8 years but it largely depends on the type of property owned and the age of the homeowner...

MEDIAN: Single Family = 9 years, Townhome = 5 years, Condo = 6 years, Manufactured = 8 years.

How does this compare to your situation?

When do you expect to sell your current home?

Of course, we would love the opportunity to assist you with your mortgage when you do so we would like to get an idea of your timing.

MEDIAN: 18-34 = 4 years, 35-44 = 6 years, 45-54 = 9 years, 55-64 = 10 years, 65-74 = 5 years, 75+ = 6 years

SOURCE: NAR 2021 Profile of Buyers & Sellers