New Housing Characteristics - Where Does Boston Fit In?

THEY’RE GETTING BIGGER AND BIGGER

According to the Census Bureaus’ Characteristics of New Housing report for 2007, the average square footage of homes is currently at a historic high.

On average, a completed single-family home had 2,521 square-feet, up 2.1% from 2,469 square-feet in 2006.

Additionally, the report provides characteristics on indoor and outdoor housing features. Data from this report gives insight into current trends to better understand today’s buyer.

Home-size findings from the report include:
• The average square footage of new homes completed has grown about 46.6 percent since 1 977, when the average was 1,720 square-feet.
• About 26 percent of all new single-family homes completed in 2007 had 3,000 or more square-feet of space, up from 24 percent in 2006 and 11 percent in 1988.
• The percentage of new single-family completed with 1,200 square-feet or less of floor area shrank from 25 percent in 1 973 to 4 percent in 2007.

Housing characteristics of single-family, newly-completed homes include:

• In homes with 4 or more bedrooms, over half had 3 bathrooms or more.
• Across the country, half of all homes had at least one fireplace.
• 90 percent of all homes had air conditioning.
• 67 percent of all new homes used gas as the primary source of heating fuel.
• At 32 percent, vinyl siding is the most commonly used material for the exterior of a home.

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