The typical age of home sellers in the US has reached an all-time high, according to a new report by the National Association of Realtors. As of this year, homeowners who are selling their properties are closer to retirement than those in decades past. The average age of home sellers now stands at 63 years old, up from 60 last year. This trend is attributed to an increase in homeowners’ wealth and a more desirable age for selling, allowing them to retire earlier.
Source: https://www.marketwatch.com/story/the-typical-u-s-home-seller-is-older-than-ever-realtors-say-21023360